But say rate hike in the coming months can't be ruled out
Dollar gains against most Asian peers
D Subbarao said that it had always remain a challenge for the central bank to assert its monetary authority
It closed at 61.55/56 per dollar compared with 61.89/90 on Friday. It rose to 61.41 during the session
Gains in the domestic share market are also aiding sentiment for the rupee
Yields expected to ease by another 10 bps this week, but profit booking may set in at lower levels in second half of next week
In the month, central bank bought $17.787 bn from market while it sold $7.7 bn
While none of these groups are as yet into bitcoin business, some of them may be interested in setting up their own 'virtual currency' platforms
After Raghuram Rajan took over as RBI Governor on September 4, things have started looking up and rupee has started appreciating
One of the steepest fall this fiscal due to RBI's intervention in forex market
The partially convertible rupee closed at 61.89/90 per dollar compared with 62.07/08 on Thursday
Tracks broad losses in the dollar versus other major currencies
A banker who is never short of ideas
The partially convertible rupee closed at 62.07/08 per dollar, unchanged from its previous close
Custodian banks sell dollars, bonds jump
The planned switch would involve buying short-end debt and selling longer-dated bonds