Page 104 - Finance News Analysis
Policy in accommodative mode: Arundhati Bhattacharya
There is one point of concern. It has been observed since the last monetary policy, system liquidity has turned into a significant deficit mode
 "Policy in accommodative mode: Arundhati Bhattacharya")
Rupee extends losses, down 14 paise at 67.98
The domestic currency dropped by 20 paise or 0.30% in two days
 "Rupee extends losses, down 14 paise at 67.98")
Not too worried about current rupee value, says Raghuram Rajan
Rajan also said RBI has started intervening in the currency futures market to stop any kind of arbitrage
 "Not too worried about current rupee value, says Raghuram Rajan")
RBI may maintain status quo on Tuesday
Experts feel there is a case for front-loading of interest rate cut to give a push to economy
 "RBI may maintain status quo on Tuesday")
Raghuram Rajan sticks to his guns on cleaning up banks books
Rajan stressed on the benefits over a medium-term
Inflation target at 5% a challenge; macro stability key: Moody's
Says monsoon uncertainty will likely constrain monetary policy in 2016
 "Inflation target at 5% a challenge; macro stability key: Moody's")
RBI may hold rates to check inflationary pressures
However, some experts also feel that there is a case for front-loading of interest rate cut to give a push to the economy
 "RBI may hold rates to check inflationary pressures")
Rupee slips from early gains, down 5 paise vs dollar in late morning
Bouts of dollar demand from importers affected the value of the rupee
Bank stocks face selling pressure ahead of RBI policy
Shares of ICICI Bank plunged 5.63% to Rs 217.15, the most among the 30 bluechips of the Sensex
 "Bank stocks face selling pressure ahead of RBI policy")
Rupee falls 6 paise to 67.84
The domestic unit had gained by 45 paise or 0.66% on last Friday
RBI expected to maintain status quo: DBS
Says RBI's inflation target of 6 per cent for January 2016 is unlikely to be breached
 "RBI expected to maintain status quo: DBS")
Rupee gains further, up 14 paise vs dollar in late morning deals
Sustained bouts of dollar selling by banks helped rupee
 "Rupee gains further, up 14 paise vs dollar in late morning deals")
RBI to announce monetary policy review on Feb 2
BofA Merrill Lynch Global Research says RBI may cut the key policy rate by 25 basis points in the policy review
 "Liquidity dries on govt parsimony, RBI intervenes")
Rupee firms up 26 paise to 67.97 against dollar in early trade
Fresh selling of the American currency by exporters helped the rupee
Need to focus on inflation control, financial stability
The Indian economy slowed sharply towards the end of 2015, losing much of the momentum it gained in the previous three months
 "Need to focus on inflation control, financial stability")
Rupee loses ground for 3rd day, ends 18 paise down to 68.23
Sustained month-end dollar demand from importers, mainly oil refiners, affected the rupee value
Rupee slides 14 paise against dollar to fresh 29 month low
Month-end demand from importers and banks affected the rupee value
RBI rejects 91-day treasury bids
A cash-surplus government did not want to offer higher interest rate for short-term money
Rupee ends above 68-level, drops 22 paise
Month-end dollar demand from importers, mainly oil refiners, affected the rupee value
 "Rupee ends above 68-level, drops 22 paise")
