Page 127 - Finance News Analysis

Rupee recovers 17 paise in early trade

Fresh selling of the US currency by exporters amid fall in global crude prices helped the rupee

Life Insurance: Amitabh Chaudhry

RBI faces a tough choice on rate front on Tuesday

Bankers believe rate cut chances are slim but India Inc is pitching for it

India's foreign exchange reserves rise by $321.7 mn to to $353.65 bn

Foreign currency assets rose by $314.2 mn to $329.25 bn

Rupee ends 9 paise lower at 64.13 against US dollar

Sustained capital outflows pressurized the local currency

Are toxic assets of PSU banks on the decline?

Despite disappointing profit numbers, most PSU banks are showing signs of stability in NPAs

Rupee weakens by 12 paise against dollar in early trade

Weakness extended for the second day due to appreciation of the American currency overseas

Some room for Aug rate cut

Near-normal monsoon, falling crude oil prices help keep inflation under check but this window of opportunity might not last for long

Cut rate for facilitating investment cycle

With an almost normal monsoon prediction and sufficient food stock to prevent a price spiral, rural demand should be healthy in the festival and winter season across the country

Moody's cautions against curbing RBI autonomy on policy rates

Also raises red flag over Parliament logjam, says it is denting business confidence as key reform bills like land and GST are stuck

Rupee seen weakening further due to concerns of rate hike by US Fed

RBI is expected to keep the repo rate unchanged in its August 4 monetary policy

Rupee slips 13 paise, breaches 64 mark

Consistent unwinding by foreign investors from Indian equities and debt markets weighed on the currency

RBI to hold rates on Aug 4, cut expected by year-end: poll

Economists expect 25 bps rate cut by December

Nomura sees Indian rupee reaching 63.20 by Q3 of 2016

Says the view is driven by expectations of the dollar strengthening and the belief that RBI will continue to aggressively buy dollars

Rupee ends steady at 63.91

The domestic unit moved in a range of 63.82 and 63.94 per dollar during the day

Further monetary easing on the cards

Subsequently, several such concerns have subsided to an extent, with a smaller-than-feared monsoon deficit, above-normal kharif planting, decline in commodity prices and relatively stable rupee

Import cover in forex reserves close to 9 months: RBI

Ratio of volatile capital flows, short term debt to forex reserves fall

Bias towards action

Two issues RBI must contend with

Rupee jumps 25 paise at 63.91

Selling of the American currency by banks and exporters amidst renewed foreign capital outflows supported the currency

Rupee recovers 12 paise against dollar in early trade

A weakening dollar against some currencies overseas and early gains in domestic equity markets supported the rupee