👀DAILY HINDU EDITORIAL WORD BYTES - 2 --> 28 APRIL👀

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💥Daily Word Bytes - 2  from editorial - Under Strain - on Sliding value of rupee💥

    strain (noun) – pressure, stress, demand/burden.
    Hindu Editorial usage : Under strain on sliding value of rupee

    slide (verb) – fall/decline, drop, descend.
    Hindu Editorial usage : Under strain on sliding value of rupee

    bond yield (noun) – bond yield  is the annualized percentage return that an investor will obtain from buying a bond. In general, the yield of a bond is inversely proportional to its price. This means that as the yield increases, the price decreases (and vice versa).
    Hindu Editorial usage : The Indian rupee is again under pressure as rising oil prices have combined with higher U.S. bond yields to spur demand for the dollar. 

    spur (verb) – motivate, encourage, stimulate.
    Hindu Editorial usage : The Indian rupee is again under pressure as rising oil prices have combined with higher U.S. bond yields to spur demand for the dollar. 

    appreciate (verb) – increase, escalate, gain/grow.
    Hindu Editorial usage : After a strong showing in 2017, when the rupee appreciated 6% against the greenback

    greenback (noun) – a dollar, a legal tender note (U.S).
    Hindu Editorial usage : After a strong showing in 2017, when the rupee appreciated 6% against the greenback

    buffet (verb) – afflict, trouble/burden, strain (for a long time).
    Hindu Editorial usage : the currency has been buffeted by crosswinds that have caused it to weaken by about 4.5% so far this year.

    marshal (verb) – position, arrange (correctly).
    Hindu Editorial usage : With global oil prices continuing a steady climb on the back of tight output controls marshalled by the Organisation of the Petroleum Exporting Countries, Brent crude futures have gained almost 12% through 2018.

    Brent crude (noun) – a classification of crude oil produced from the oil platform in the North Sea.
    Hindu Editorial usage : With global oil prices continuing a steady climb on the back of tight output controls marshalled by the Organisation of the Petroleum Exporting Countries, Brent crude futures have gained almost 12% through 2018.

    bloat (verb) – inflate, enlarge, expand.
    Hindu Editorial usage : This in turn has bloated India’s crude import bill and widened the trade deficit appreciably

    trade deficit (noun) – a trade deficit (a deficit in the balance of trade) occurs when the value of a 
    country’s imports exceeds that of its exports. It is also called a trade gap.
    Hindu Editorial usage : This in turn has bloated India’s crude import bill and widened the trade deficit appreciably

    appreciably (adverb) – considerably, substantially, significantly.
    Hindu Editorial usage : This in turn has bloated India’s crude import bill and widened the trade deficit appreciably

    shrank (past tense of shrink) (verb) – get smaller, lessen, reduce.
    Hindu Editorial usage : While merchandise exports shrank 0.66% in March to $29.11 billion, 

    portfolio (noun) –  investments, shares, holdings; a range of products or services.
    Hindu Editorial usage : Foreign institutional and portfolio investors — who had pumped in close to $30 billion into Indian debt and equity in 2017

    exemplify (verb) – represent, illustrate, demonstrate.
    Hindu Editorial usage : This was best exemplified this week when the yield on the benchmark 10-year U.S. Treasury debt rose above 3% for the first time since January 2014.

    yield (noun) – profit, gain, return/dividend.
    Hindu Editorial usage : This was best exemplified this week when the yield on the benchmark 10-year U.S. Treasury debt rose above 3% for the first time since January 2014.

    depreciate (verb) – decrease, decline, drop/lose value.
    Hindu Editorial usage : While the rupee is not alone among BRICS currencies to have depreciated against the dollar this year,

    mounting (adjective) – increasing, growing, intensifying.
    Hindu Editorial usage :  it remains particularly vulnerable to mounting oil costs given the economy’s extremely high dependence on crude imports to meet energy needs. 

    vicinity (noun) – nearness, closeness, proximity.
    Hindu Editorial usage :  is eyeing oil prices in the vicinity of $80 a barrel so as to be able to comfortably balance its budget 

    ambitious (adjective) – determined, purposeful/forward-looking; formidable.
    Hindu Editorial usage : have cash to spare to fund Crown Prince Mohammed bin Salman’s ambitious socioeconomic reforms. 

    spectre (noun) – threat, menace, danger/peril.
    Hindu Editorial usage : The spectre of fresh tensions involving Iran if President Donald Trump walks his tough talk over the nuclear agreement with Tehran 

    shale producer (noun) – producer of shale oil. Shale is a fine-grained sedimentary rock in which natural gas is trapped underground. Shale oil is an unconventional (crude) oil produced from this type sedimentary rock.
    Hindu Editorial usage : if American shale producers increase output. Signals from the dollar index 

    undergird (verb) – provide support, bolster, reinforce/strengthen.
    Hindu Editorial usage : indicating that investors see assets undergirded by the dollar as a strong bet

    war chest (noun) – money/fund set aside to use for business (for a particular activity at difficult times).
    Hindu Editorial usage :  For now, the war chest of forex reserves the Reserve Bank of India has accumulated

    forex (noun) – Foreign exchange. Forex reserves are the amounts of assets /money in foreign currencies that a country has in its central bank (in India, it is Reserve bank of India).
    Hindu Editorial usage :  For now, the war chest of forex reserves the Reserve Bank of India has accumulated

    accumulate (verb) – gather, collect, acquire.
    Hindu Editorial usage :  For now, the war chest of forex reserves the Reserve Bank of India has accumulated

    bulwark (noun) – protector, guard, supporter.
    Hindu Editorial usage : $423.6 billion in all, remains the key bulwark against excessive currency market volatility.

    volatility (noun) – the state of being legally responsible to change in a very sudden or extreme way.
    Hindu Editorial usage : $423.6 billion in all, remains the key bulwark against excessive currency market volatility.


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