Page 228 - Finance News Analysis
Markets see rupee gaining this week on NRI inflows
RBI steps announced last week will start bearing the fruit this week as more NRI remittances are likely to flow in
 "Markets see rupee gaining this week on NRI inflows")
Rate cuts may be delayed with RBI focus on rupee: Barclays
Financial services major believes key policy rates would be eased by as much as 75 basis points
 "Rate cuts may be delayed with RBI focus on rupee: Barclays")
The rupee fillip for your portfolio
IT, pharma and textiles might be among the better-performing sectors in a bear market
 "The rupee fillip for your portfolio")
Rupee may touch a new-low; yields expected to rise further
The yield on the 10-year government bond rose by 40 basis points on Friday compared with Wednesday's close of 8.50%
 "Rupee may touch a new-low; yields expected to rise further")
Re breaches 62-mark for 1st time, ends at record low of 61.65
Dealers also said better-than-expected US economic data led to increasing concern that the Federal Reserve may start easing its stimulus programme
Forex reserves rise marginally after a sharp fall
In previous week ended August 2, reserves fell by almost $3 billion to $277.17 billion
 "Forex reserves rise marginally after a sharp fall")
Rupee fall: Ben Bernanke can do what the FM & RBI failed to achieve
Govt measures have failed to stem the outflow of dollars despite succesive measures
 "Rupee fall: Ben Bernanke can do what the FM & RBI failed to achieve")
Rupee hits all time low, touches 62/$ despite RBI measures
However, recovers in afternoon trade on dollar selling by exporters
 "Rupee hits all time low, touches 62/$ despite RBI measures")
RBI will have limited scope to intervene in FX market
Economists though say RBI is in a comfotable situation with forex reserves
 "RBI will have limited scope to intervene in FX market")
RBI goes all out on rupee, CAD
Frees up NRE deposit rate, restricts outflow
RBI curbs individuals' rights to use forex in buying realty abroad
Current forex restrictions to moderate outflows by resident Indians
 "RBI curbs individuals' rights to use forex in buying realty abroad")
Rupee tumbles to record closing low of 61.43
Sheds 24 paise on July inflation numbers, fresh dollar demand from importers
RBI introduces more capital control measures to defend rupee
Central bank has reduced limit for ODI by domestic companies under automatic route to 100%
 "RBI introduces more capital control measures to defend rupee")
Rupee drops by 33 paise at 61.52/dollar in late morning trade
Good dollar demand from banks and importers put pressure on the rupee
Rupee, bonds weaken; inflation data awaited
The partially convertible rupee was trading at 61.4/42 per dollar at 0912 India time versus its close of 61.19/20 on Tuesday
NRI deposit flows decline in Q1 despite rupee slide
Money flow into NRI deposits in Apr-Jun was %5.5 bn, down from $6.5 bn in Q1 last year
 "NRI deposit flows decline in Q1 despite rupee slide")
Rupee edges up as govt hikes gold duties
The currency closed at 61.28 a dollar
Ratnakar Bank sets the stage for bigger play
The acquisition of RBS's India assets will give a boost to the lender's ambitions of gaining a pan-India foothold
 "Ratnakar Bank sets the stage for bigger play")
Rupee erases early losses, up eight paise to 61.19 vs dollar
Sustained capital inflows, fresh dollar sales by exports prop rupee