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Rupee appreciates by 11 paise against dollar (04 December 10:58) |
| At the Interbank Foreign Exchange (forex) market, the domestic unit rose by 11 paise to Rs49.89 against the greenback in opening trade |
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Rupee higher by 28 paise against dollar (03 December 11:14) |
| The domestic currency opened at Rs49.87/88 against dollar, a gain of 28 paise over its previous close, at the Interbank Foreign Exchange (Forex) market |
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Rupee falls by 25 paise to hit fresh low of Rs50.53 (02 December 10:25) |
| Dealers said increased demand for the US currency and expectation of further fall in domestic equity markets after the overnight heavy losses in the US stocks |
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Rupee steady at 50.07/08 in early trade (01 December 12:04) |
| Resumes weak at 50.18/20 a dollar, bounces back to last close levels of 50.07/08 |
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New RBI measures to ease liquidity (28 November 11:49) |
| The bank has doubled the time frame for export credit given at a concessional interest rate—from 90 days to 180 days |
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Masking exchange rate liability (28 November 11:02) |
| It would be unfortunate if Indian companies leave their foreign currency liabilities unhedged simply because the pain of a depreciating rupee is not visible in its P&L |
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Rupee falls 22 paise against dollar (28 November 11:26) |
| The domestic unit, which rose by 45 paise to close at Rs49.50 on Wednesday, depreciated further by 22 paise to Rs49.72 |
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Rate cut by China helps rupee rise the most in 3 weeks (26 November 11:09) |
| The currency advanced 1.1% to 49.435 against the dollar, its highest gain since 14 Nov |
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Just to Clarify: Episode 3 (26 November 06:47) |
| Find out why the American dollar is appreciating against the Indian Rupee despite the financial crisis and economic turmoil in America. |
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Rupee treads water, stock market watched (26 November 10:38) |
| Indian shares rose 1% tracking gains in Asian markets, but unwinding ahead of the expiry of monthly derivatives on Thursday should pull prices lower later |
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Plunging dollar: Obama bonds may be answer (25 November 11:25) |
| The US must be creative in financing the untold amounts of debt it will issue to stabilize banks, boost growth, pay for two costly wars and fund programmes such as Social Security |
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The final weapon: a global fiscal stimulus (25 November 11:25) |
| The 2007-08 revised estimates put the combined deficit at 5.26% of GDP, while the budgeted estimate for 2008-09 was a much lower 4.61% |
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Rupee at 1-week high as shares climb (25 November 11:28) |
| At 10:25am, the partially convertible rupee was at Rs49.92/93 per dollar, 0.3% above Monday’s close of Rs50.09/10 |
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Rupee continues to fall as investors flee emerging markets (25 November 12:32) |
| Implied volatility on one-month dollar-rupee options rose on Monday to 26%, near the highest this month |
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Rupee steady against volatile markets (24 November 11:21) |
| In a fairly active trade at the Interbank Foreign Exchange (forex) market, the local currency resumed weak at Rs50.04/05 a dollar from its last close of Rs50.02/03 |
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Weak rupee means roses will yield better profit, exporters say (23 November 11:48) |
| Indian rose exporters, hit by a dip in local production, have been bracing for lower margins |
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Rupee finishes second weekly loss on outflows (21 November 10:07) |
| Rupee touched an all-time low of 50.5925 on Thursday. The rupee pared losses on speculation that the central bank sought to limit declines by selling dollars |
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Rupee down 30 paise against dollar (21 November 09:52) |
| Foreign funds have been withdrawing money from emerging markets in view of melting equity markets |
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*Rupee at record low on Asian share slide, at Rs50.35 per dollar * (21 November 09:09) |
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Rupee, Nifty, Sensex keep going south (21 November 12:27) |
| The rupee touched its all-time low against the dollar on Thursday, as foreign institutional investors continued pulling out of India and other emerging markets |
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Rupee at record low, Rs50.40 against dollar (20 November 04:22) |
| At 4:25pm the partially convertible rupee was at Rs50.00/02 per dollar, off a high of Rs49.94, and little changed from its close of Rs50.02/03 on Wednesday |
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Rupee at a record low, down 38 paise dollar (20 November 10:49) |
| Even selling of dollars by banks also failed to check weakness in the rupee’s value |
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India needs continued efforts on spending side (19 November 11:54) |
| The current account is going to be supported by the reduction in oil prices |
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Rupee bounces off 3-week low as shares rise (19 November 10:19) |
| The stock market has been the focus of currency traders after heavy foreign fund withdrawals piled pressure on the rupee over the past few months |
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Rupee falls to 3-week low as investors exit (19 November 12:21) |
| The currency weakened for a second day after reports last week and on Monday showed Hong Kong and Japan sank into recession |
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Rupee down 29 paise against dollar in early trade (18 November 09:49) |
| There was persistent demand for dollar from oil companies and some importers put pressure on the rupee |
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Rupee slightly stronger, RBI measures help (17 November 10:52) |
| RBI on Saturday took various measures to improve liquidity and help exporters, including an increase of the interest rate ceiling on deposits of non-resident Indians with local banks |
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Getting banks to do the government’s job (17 November 12:07) |
| What seems to be happening is that because the government does not have much room for a fiscal stimulus, it’s trying to get banks to do the job |
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The long flight of the dollar (16 November 11:52) |
| Many believe the next shoe to drop is likely to be credit card debt in the US, which will lead to another round of losses at banks and hence to another round of deleveraging |
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RBI likely to cut repo rate by 50 basis points: experts (16 November 10:37) |
| RBI has already reduced repo rate by 150 basis points to 7.5% from the earlier level of 9% last month |
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Cash generation falls in September quarter (14 November 11:46) |
| Not only have net profits fallen sharply, but the depreciation charges too have come down from the levels they were at in the March quarter and now seem to have hit a plateau |
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Rupee witnesses biggest one-day fall in 12 years (12 November 11:59) |
| Currency traders grope for direction as a volatile rupee drops on continued flight of capital from the markets |
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Rupee down 37 paise on stock worries (12 November 09:32) |
| At the Interbank Foreign Exchange (forex) market, the domestic unit, which plunged 73 paise on Tuesday, depreciated by another 37 paise at Rs48.48 |
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Rupee falls most in two months as capital outflow concerns rise (11 November 11:22) |
| The currency ended two days of gains as a slump in stocks indicated global funds are paring investments in local equities |
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Rupee reacts downward by 12 paise (11 November 11:54) |
| The domestic unit moved in the range of Rs47.46 and Rs47.65 per dollar before being quoted at Rs47.50/51 on the Interbank Foreign Exchange market |
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Rupee down 27 paise against dollar, gloom persists (11 November 10:08) |
| The domestic unit, which gained 26 paise to Rs47.38/39 on Monday, depreciated by 27 paise at Rs47.65 against dollar |
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Rupee up 1% with share market gains (10 November 02:59) |
| At 10:10am, the partially convertible rupee was at Rs47.20/21 per dollar, nearly 1% stronger than Friday’s close of Rs47.65/66 per dollar |
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Ask Mint | How does a BoP crisis build up, and how is the balance restored? (09 November 10:19) |
| A high surplus in the BoP account hardly makes headlines but a huge deficit and a mere likelihood of what is known as a balance of payment crisis, like any bad news, attracts news-hungry ana... |
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Dissecting the liquidity crunch (09 November 10:15) |
| The increase in scheduled banks’ holdings of the statutory liquid ratio (SLR) securities this fiscal year has gone up by Rs80,519 crore till 24 October, of which Rs71,317 crore was investe... |
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RBI forex for banks’ foreign operations (08 November 12:02) |
| The central bank has said it will lend foreign exchange to banks with overseas operations to meet their lending requirements |
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US, EU may extend dollar credit to India (08 November 12:02) |
| The negotiations for the planned new financial architecture, popularly referred to as Bretton Woods II, are meant to create a structure that will stabilize the financial system and foreign e... |
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Rupee completes its best week in 12 years (07 November 11:07) |
| The currency extended last week’s gains as central banks in the UK, Europe, Australia, South Korea and India added to last month’s interest rate cuts, helping global stocks rebound |
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Rupee stable at Rs47.71/dollar (07 November 11:35) |
| Dealers attributed initial fall in the rupee to weakness in global equity markets amid expectations of capital outflows |
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Rupee weakens as shares turn down (06 November 11:48) |
| Foreigners have already sold a net $12.7 billion worth of Indian shares so far in 2008, after buying a record $17.4 billion last year |
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Rupee rises a sixth day as funds resume buying stocks (06 November 12:15) |
| The currency advanced for a sixth day, its best run in a year, on optimism US president-elect Barack Obama will bolster measures to overcome a recession in the world’s biggest economy |
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Rupee up 1% as shares rise (03 November 11:35) |
| The rupee has shed about 19% so far in 2008 and hit a record low of Rs50.29 last week |
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Ask Mint | It is the overall balance in the BoP account that matters (02 November 11:12) |
| A record of all transactions of money moving in or out of a country over a period of time is what we call a BoP account |
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Currencies, stocks rally in Asia on rate cuts, swap deals (31 October 12:16) |
| Central banks across the globe are trying to ease the impact of the financial crisis on consumer sentiment and business spending |
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Should we ask Uncle Ben for dollars? (31 October 12:12) |
| The global dollar shortage has played havoc with emerging market currencies, which have been plummeting |
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Re rises as moves to ease credit crunch spur stocks (29 October 10:46) |
| The currency rose for a second day by 0.4% to 49.675 per dollar; it has weakened about 21% this year |
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