Says it expects a rate cut even if the US Fed hike rates
Says an improved economic outlook for the country has increased investor appetite for Indian credits
Renewed dollar demand from importers, mainly oil refiners, to meet their month-end obligations weighed on the rupee value
The dollar index hits 13-month high
Benchmark S&P BSE Sensex today moved side-ways and ended up by a mere 5.79 points logging a new closing peak
Index of the dollar vs six majors was down 0.12%
Most emerging Asian currencies eased on Monday after Yellen called for a "pragmatic" approach to US monetary policy on Friday
Index of the dollar versus six majors was up 0.23%
The rupee on Friday gained 0.3 per cent to close at 60.47, compared with Thursday's close of 60.68. During intra-day trade, the currency had even appreciated to 60.38 to a dollar
FCAs increased by $54.7 million to $292.101 billion
It closed at 60.46 per dollar compared with 60.67 in the previous session
Foreign currency assets, a key component of reserves rose by $54.7 mn to $292.10 bn
But retains overall borrowing limit for lenders
S&P analyst's statement on fiscal deficit helps the local currency
It closed at 60.67 per dollar compared with 60.61 in the previous session
Dollar trading at 11-month highs against major currencies
Closed at 60.61 per dollar compared with 60.67 in the previous session
Traders say a large foreign bank spotted selling the greenback likely for investments in the debt market
Bogged down by inefficient boards, public sector banks have got mired in mounting bad loans and rising corruption. The arrest of the Syndicate Bank chief has created an opportunity to stem the rot, bu
The rupee is trading at 60.83/84