Page 144 - Finance News Analysis
RBI's foreign exchange reserves fell by $286.3 mn
Rupee ends at over 2-month low
 "RBI's foreign exchange reserves fell by $286.3 mn")
RBI, CBSL agree on $1.5 billion currency swap deal
The agreement was announced after a meeting between Modi and Sri Lankan President Maithripala Sirisena
 "RBI, CBSL agree on $1.5 billion currency swap deal")
Rupee drops 16 paise against dollar in late morning trade
Fresh dollar buying by banks and importers as well as a weak local equity market affected the rupee
Rupee rebounds 28 paise to end at 62.50 on recovery in stocks
According to forex dealers, a weak dollar overseas also helped the currency recover from two-month lows
 "Rupee rebounds 28 paise to end at 62.50 on recovery in stocks")
Strong rupee against major currencies seen hurting exports
Real Effective Exchange Rate hits all time high in February
 "Strong rupee against major currencies seen hurting exports")
Rupee drops 6 paise against dollar in early trade
Rise in the Greenback's value against other global currencies affected the rupee
 "Rupee drops 6 paise against dollar in early trade")
RBI's net dollar purchases rise to near 7-year high
Net dollar purchases of RBI stood at $6.74 bn in Dec 2014
 "RBI's net dollar purchases rise to near 7-year high")
No proposal to take money market ops away from RBI: Govt
Finance Bill might be tweaked to make this clear
 "No proposal to take money market ops away from RBI: Govt")
Rupee hits two-month low, down 21 paise at 62.76
A smart rise in dollar index against its major rivals also put pressure on the currency
RBI to hold rates on April 7, says poll
RBI governor had surprised markets by cutting repo rate last week
 "RBI to hold rates on April 7, says poll")
Rupee plunges by 50 paise against dollar in early trade
Dollar's gains against other currencies overseas on an upbeat US jobs data affected the rupee
Rupee might weaken, yields could rise
The currency might continue to trade above 62 to a dollar this week
 "Rupee might weaken, yields could rise")
Forex reserves hit new high at over $338 billion
Foreign currency assets increase by $3.902 billion to $312 billion
 "Forex reserves hit new high at over $338 billion")
Govt faces potential clashes with RBI over who decides rates
While both sides have agreed to set up Monetary Policy Committee, the two sides disagree on composition of the panel
 "Govt faces potential clashes with RBI over who decides rates")
Short-term rates head south after RBI rate cut
Rates of short-term instruments like Certificate of Deposits, Commercial Papers have dropped by 20-25 bps
 "Short-term rates head south after RBI rate cut")
Rupee inches-up to 62.24 vs dollar in late morning trade
A higher opening in the domestic equity market and lower dollar overseas edged up the rupee
 "Rupee inches-up to 62.24 vs dollar in late morning trade")
Rupee recovers 5 paise against dollar in early trade
Selling of the American currency by exporters helped the rupee
 "Rupee recovers 5 paise against dollar in early trade")
 "Fall in bond yields seen continuing on further rate cut hopes")
Low rate to help revive stalled projects, says India Inc
CEOs say RBI's rate cut will boost demand for home and auto loans
 "Low rate to help revive stalled projects, says India Inc")
