Page 147 - Finance News Analysis
Rupee might fall, bond yields could rise
Bond yields seen rising due to concerns of higher govt borrowing
 "Rupee might fall, bond yields could rise")
RBI's forex reserves climb to all-time high of $330.21 bn
Foreign currency assets, a key component of reserves, rose by $1.63 billion to $304.96 billion
 "RBI's forex reserves climb to all-time high of $330.21 bn")
Rupee trims early gains, still up by 14 ps vs dollar
The Indian currency resumed higher at 62.14 as against yesterday's close of 62.31
 "Rupee trims early gains, still up by 14 ps vs dollar")
Rupee gains 26 paise against dollar in early trade
Forex dealers said besides selling of the American currency by exporters and banks, a higher opening in domestic stock market, supported the rupee
 "Rupee gains 26 paise against dollar in early trade")
Trading volumes of bonds soar
High volumes seen continuing because of lesser government borrowings, more rate cuts
 "Trading volumes of bonds soar")
Rupee hits fresh 1-month low of 62.31
Higher dollar in New York also affected the rupee sentiment in the forex market
 "Rupee hits fresh 1-month low of 62.31")
Nearly every Indian household has a bank account
Jan Dhan data suggest all but 23,000 households in India have access to banking services, but a large proportion of inoperative accounts and Aadhaar seeding remain a challenge
 "Nearly every Indian household has a bank account")
Rupee to weaken in run-up to Budget as corporates increase $ buying
Experts believe it can touch 63 against the dollar, which has been strengthening against a basket of currencies
 "Rupee to weaken in run-up to Budget as corporates increase $ buying")
Rupee down for the 3rd day, ends at fresh 1month low
According to brokers, talk of persistent foreign capital outflows also affected the market sentiment and the currency weakened amid strength in the dollar
RBI raises dollar buying from spot market
Inflation stayed high in the first half of 2014, and any intervention in the spot market would have infused liquidity, thus stoking prices
 "RBI raises dollar buying from spot market")
Corporates should manage their forex risk: Reserve Bank
Khan added that it may turn out to be a significant cost for corporates due to unexpected exchange rate movements
Rupee ends at nearly 4-week low of 62.17
Persistent fall in equity markets and a strong dollar in overseas markets impacted the currency
Rupee falls 38 paise against US dollar in late morning trade
The local currency hovered in a range of 62.12-61.98 per dollar during late morning trade
 "Rupee falls 38 paise against US dollar in late morning trade")
Rupee plunges 36 paise against dollar in early trade
Fresh demand for the American currency from importers affected the rupee
Rupee seen trading with a weakening bias
Govt bond yields movement on the other hand shall depend upon the GDP data and the CPI-based inflation data to be released this week
 "Rupee seen trading with a weakening bias")
 "General Insurance: Rakesh Jain")
 "Is life insurance penetration low in India?")
Five reasons to buy whole-life plans
These plans are expensive but the benefits outweigh the costs
RBI's foreign exchange reserves climb to all-time high
Reach $328 bn in one of the sharpest rises, adding $5.85 bn during the week
 "RBI's foreign exchange reserves climb to all-time high")
Yuan to reverse weakening trend, rupee seen easing as dollar rallies
Yuan has lost about 2% against the dollar since November
 "Yuan to reverse weakening trend, rupee seen easing as dollar rallies")
