Is expected to trade in a 61.25 to 61.45 range for the day
Yet, market believes effect would be limited, as inflows expected to continue; observers hope buffer used to push growth & reforms
India is a great motion picture rather than a static photograph, as the evolution of the financial sector over the past four decades has shown
The real impact of QE will be felt when Fed decides to recall its money since it is then that money will start flowing out of the system
The local currency was trading at 61.43/44 to the dollar
Rupee had fallen three paise on Monday and two paise on Tuesday
Most Asian currencies are trading stronger against the dollar
Euro holding up against the dollar is helping the rupee
On November 30, 2014, Switzerland will have a referendum to legislate its central bank to have at least 20% of its assets in gold, which could have a far-reaching impact on the precious metal
Dollar demand from oil importers amid weakness in local equities weighed on the currency
Weaker domestic shares bring down rupee
The rupee is expected to fall this week, weighed down by month-end dollar demand from importers and dollar demand after a two-day holiday in the domestic foreign exchange market
Fresh capital inflows and a rally in stocks helped the rupee rise
Govt's recent reform moves a positive for rupee
Chinese GDP data grows slightly above expectations, helps rupee
The rupee ended at 61.36 to the dollar, compared with the previous close of 61.44. During intra-day trade, it touched a high of 61.18
A weak trend in US dollar overseas helped the currency rise
Increased selling of the US currency by exporters and banks influenced the rupee
On Friday the rupee ended at an over seven-month low due to widening of trade deficit. Trade deficit widened to $14.25 billion in September
RBI Governor Raghuram Rajan has warned firms the central bank will not bail them out if the currency falls sharply