The currency ends at the day's low of 61.55 a dollar
At 1 pm, rupee was trading at Rs 61.17 a dollar compared with previous close of Rs 61.08 a dollar
Chidambaram and Rajan seem to be getting along well or is it a lull before the storm?
Say it remains to be seen if monsoon, better harvest pull down food prices
The currency may trade in the range of 60-62 per dollar this week
After the strong rally of the past two weeks, some correction can be expected
At 1:00 pm, rupee was trading at Rs 61.25 compared to previous close of Rs 61.36 a dollar
Says rupee will benefit from any inclusion of govt bonds in JP Morgan index
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Dollar demand from importers ahead of US debt payment deadline kept the currency down
The rupee ended at 61.94, compared to Tuesday's close of 61.80 a dollar
Rollback of July tightening measures indicates comfort on currency but a repo rate hike is around the corner
However, dollar inflows from custodian banks did not allow the rupee to weaken sharply
Benchmark 10-year bond yield down 5 basis points
Rollback of July tightening measures indicate comfort on currency, but a repo rate hike is around the corner
But RBI may introduce more measures to reverse tight liquidity conditions
Yesterday, RBI cut MSF rate by 50 bps to 9%
At 12:40 pm, the rupee was trading at Rs 61.68 compared with previous close of Rs 61.80 a dollar