Bonds decline, call rates remain higher
Expectations of more foreign fund inflow helped after the Railway Budget for 2014-15 proposed to attract FDI in infrastructure projects
Since the escalation of the Iraq crisis, exchange rate of the rupee has depreciated marginally to Rs 60.14 per US dollar on July 1, 2014
USD/INR is seen moving in a 59.70 to 60.10 range during session
Increased selling of dollars by exporters, share gains help rupee
Investors turn cautious ahead of upcoming budget
Currency dealers feel the bias is towards weakening for the rupee, as dollar demand is seen continuing
The stipulation to lodge a claim within 30 days of discharge is not mandatory but to facilitate expeditious settlement
The Special Drawing Rights rose by $4 mn to $4.46 bn
Best weekly performance since May 16
In the previous week, the total reserves had increased by $1.385 billion to $314.922 billion
Is expected to hold in a range of 59.50 to 59.90 during the session
It closed at 59.73 compared with 59.68 on Wednesday
Trading at 59.57/58 after hitting 59.52, its highest level since June 13
The unit rose to 59.62, its strongest since June 13, while the day's low was 60.07
Jayakumar, who took charge in 2012, blames the previous management's unbridled expansion programmes for the lender's present crisis
Dollar selling by exporters amid lack of dollar demand from importers and continued capital inflows also helped the rupee rise for the second day in a row
RBI steps in to prevent the pair from falling further