India's foreign exchange reserves fell to $319.99 bn as of Aug. 1, compared with $320.56 bn the week earlier
The Special Drawing Rights fell by $15.5 mn to $4.42 bn
Foreign banks spotted selling the greenback
Broad rally in the dollar likely to thwart any further gains
Higher crude oil prices weigh, traders wait for debt sale
Traders cite modest RBI intervention
Tells employees to shun loose talk and get on with business; says internal processes fine
Closes at 5-month low of 61.49; foreign funds pull out
Sensex, Nifty close 1% lower each
Inflation-wary Rajan maintains pause on repo rate; 50-bp SLR cut to release Rs 40,000 cr
Bond yield climbs 11 bps due to RBI's liquidity management measures
Deposit rates will come down before lending rates
Most fundamental drivers of inflation suggest that a gradual disinflation should continue
It would be worthwhile watching for decisive and concrete steps towards reducing the fiscal deficit
Risks on account of the monsoon may have been mitigated, though not entirely dispelled, says RBI
Upside risks to inflation persist from higher growth and expansive govt spending