Fall in rupee versus the dollar is broadly seen as positive for export-focussed sectors like the Indian IT space
Increased demand for the dollar from importers weighed on the local currency
Sparks speculation about govt's high cash position, RBI policy
RBI decided to go ahead only because of confusion created in the markets
Media reports said govt will sell new 10-year benchmark bond this week
Central bank says it would sell larger-than-expected Rs 9,000 crore of a new 10-year bond
Says India can't afford to remain isolated from global financial systems
Sustained selling of the American currency by exporters helped the rupee
Repo rate currently stands at 7.5% and the cash reserve ratio is 4%
During the week, gold reserves remained unchanged at $19.34 bn
Continued selling of the American currency by banks and exporters helped the rupee
Increased selling of the US dollar by exporters supported the rupee
However, dwindling exports is an important concern, its due to constraints of demand
Since the start of 2015 the rupee has weakened by nearly 2% and experts believe it is heading towards 65
Increased demand for the dollar from importers and a lower opening in the domestic equity market weighed on the rupee
Sustained dollar selling by exporters and some banks, too, had a positive impact on the rupee