Page 121 - Finance News Analysis

Rupee retreats; falls 10 paise at 66.14

Sustained capital outflows by foreign funds and a sudden spike in crude oil prices globally weighed on the currency

RBI likely to cut rates in September as inflation dips: poll

Economists say CPI at record low of 3.78% gives RBI more room to ease policy

Rupee down by 4 paise vs dollar in late morning trade

The dollar index was trading down 0.08% at 95.69 against a basket of six currencies in the early trade

Rupee up by two paise against dollar in early trade

Dollar's weakness against other currencies overseas supported the rupee

Rupee recovers 10 paise to 66.04

The currency recovered on fresh selling of dollar by banks and exporters

Rupee trims initial gains, still up by 10 paise vs dollar

Bouts of selling of dollar by banks and exporters helped the rupee

Rupee higher 26 paise against dollar in early trade

Weakness in the dollar against other currencies supported the rupee

Rupee weakens by 4 paise at 66.14

Sharp sell-off in domestic equity markets and robust dollar against major world currencies impacted the rupee sentiment

Rupee trims initial losses, still down 8 paise vs dollar

Sustained demand for dollars from banks and importers helped the currency

Cut corners to tide the currency fluctuation

A few adjustments can help foreign travellers and students reduce the impact of a falling rupee

Rupee weakens 18 paise against dollar

The dollar strengthened against major world currencies overseas which impacted the rupee sentiment

Majority of RBI advisors advocated rate cut in August policy

One recommended the repo rate be cut by 50 basis points, while the rest suggested a 25 bps cut

Rupee recovers 26 paise against dollar in early trade

Fresh selling of the US currency by exporters and banks, and weakening of dollar overseas supported the domestic currency

Rupee weakness to impact telecom capex

Analysts expect the currency fluctuation to impact balance-sheets of Idea and Bharti Airtel

Rupee slide continues, sinks to 66.65

Chief cause of weakening was the US Fed hinting at tapering due to which there was persistent dollar buying by importers

PSU bank reforms fall short of expectations

Full autonomy that will help banks attract capital and talent is still a long way off

Rupee slumps below 66 vs dollar tracking lower Asian markets

Fears of a China-led global economic slowdown affected the currency

Rupee outperforms Asian peers

RBI likely to go for 25 bps cut in September: HSBC

While rains remain 10% below normal, their impact so far remains 'non-disruptive' and fuel inflation has predictably eased off

Forex reserves rise by $1.09 mn to $354.43 bn

Foreign currency assets rose by $1.04 bn to $330.84 bn