The rupee reversed gains on Wednesday as corporates stepped up dollar purchases on expectations the rupee will weaken going ahead.
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Rupee reverses gains on corporate dollar demand
Posted on 21 October 2010.
Posted in Currencies, Indian MarketComments (0)
Rupee steady; foreign inflows watched
Posted on 19 October 2010.
The rupee was largely steady as inflows toward a large IPO were offset by broad gains in the dollar.
Posted in Currencies, Indian MarketComments (0)
Re falls from two-year high as refiners buy dollar
Posted on 19 October 2010.
The rupee declined 0.6% to 44.3650 per dollar at the close of trade on Monday. The currency reached 43.96 on October 15, its strongest level since August 2008.
Posted in Currencies, Indian MarketComments (0)
Rupee trims fall as shares end higher
Posted on 18 October 2010.
Rupee retreated from the day’s low as domestic shares reversed early losses but the euro’s fall continued to weigh on sentiment.
Posted in Currencies, Indian MarketComments (0)
Rupee down tracking Asian peers; inflows eyed
Posted on 18 October 2010.
Rupee opened down tracking losses in Asian currencies but dealers said foreign fund flows related to the Coal India IPO was helping the local unit.
Posted in Currencies, Indian MarketComments (0)
‘Rupee will continue its ascent’
Posted on 18 October 2010.
Rupee, last week, surged to its highest level since Aug 2008, buoyed by record foreign investment, shaky dollar, near all-time high stock market and upcoming IPO.
Posted in Currencies, Indian MarketComments (0)
Re hits 2-year high, RBI intervenes to pull it back
Posted on 16 October 2010.
Besides aiming to rein in the rising rupee, RBI also appears to have acted to release some liquidity into the system.
Posted in Currencies, Indian MarketComments (0)
Rupee ends stable Vs dollalr, logs a fresh 25-month high
Posted on 15 October 2010.
The rupee today breached the 44 level to touch a fresh 25-month high but closed stable at 44.10/11 against the US currency.
Posted in Currencies, Indian MarketComments (0)
Wholesale gold buying edges up; rupee helps
Posted on 15 October 2010.
India’s wholesale gold buying edged up on Friday afternoon as prices eased after the rupee strengthened to its highest level in 25 months.
Posted in Commodities, Commodities Asia, Commodities India, IndiaComments (0)
Rupee down by 5 paise against dollar in early trade
Posted on 15 October 2010.
Rupee weakened by 5 paise to Rs 44.15 a dollar in the early trade today, weighed down by dollar’s gain against other Asian currencies.
Posted in Currencies, Indian MarketComments (0)
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