Page 125 - Finance News Analysis

Rupee falls to two-week low as China devalues yuan

This, as dollar rises after yuan devalued by nearly 2%

Indian industry worried about China's devaluation

Cheaper import of many commodities like steel, paper, chemicals may further intensify; Asian currencies seen to weaken further

RBI intervenes more through forwards in foreign exchange market

Data released by central bank reveals outstanding net forward purchases stand at $2.59 bn in June

Rupee ends 6 paise down at 63.87

Banks and exporters preferred to sell dollars initially on hopes of foreign capital inflows in view of recovery in the equity market

Rupee ends 4 paise down at 63.81

However, persistent capital inflows from foreign funds restricted the rupee's fall

Rupee marginally down 2 paise against dollar in early trade

Dealers attributed the rupee's fall to dollar gains against other currencies overseas

Rupee climbs 4 paise against dollar in early trade

Forex dealers said a weakening dollar against other currencies overseas supported the rupee

Rajan links future rate cut to sub-6% inflation

Says retail inflation should be below 6% to see how much room is there to cut rate

Rupee ends steady at 63.75 against US dollar

The local currency moved in a range of 63.72 and 63.93 per dollar during the day

Inflation, Fed to decide RBI's next policy move: Brokerages

However, Nomura and DBS said that RBI was in a 'neutral gear' and the rates are likely to remain on hold

RBI holds rate but says open to cuts

Rupee loses 19 paise against dollar in early trade

Dealers attributed the rupee's fall to increased demand for the US currency from importers

RBI, govt in talks on medium-term framework for FPI limit in debt

Framework will create space for participation of different kinds of investors, says Raghuram Rajan

Missed opportunity

Rajan favours doing away with RBI guv's veto power on rates

Govt, RBI reach consensus on structure of monetary policy committee

FinMin pins hopes on September for rate cut

India Inc has increased hedging of FX loans: RBI

Weighted average maturity for first quarter of this fiscal is 7.5 years

Sajjid Chinoy: The writing on the wall

What markets have to begin to accept is that there is no space for a large easing cycle

Rate cut by September; buy rate sensitive stocks: analysts

Analysts expect the RBI to slash rates by September and suggest buying rate sensitive stocks at the current levels

I'm not worried about Fed rate hike impact on economy: Rajan

However, the RBI Governor cautions that there will be volatility the world over