Fresh dollar demand from importers, weak equity market affects rupee
Weighed down by stressed loans of nearly $150 billion and against a backdrop of slowest economic growth in a decade, Indian banks are bringing an unprecedented intensity to their recovery efforts
Any correction, either ahead of the policy as the rate cut hopes dim or post policy if the rate cut is not delivered can provide a good opportunity for fresh positions
Recent decline in the rupee vs the dollar is weighing on the stock exchange
Foreign Institutional Investors pulling out of domestic markets added to weakening trend
When corporate India is reeling through multiple crisis and desperately needs as much rope as it can get, the central banker has decided to tighten provisioning norms and make debt restructuring diffi
Month-end dollar demand from importers despite weakness of the US unit in overseas markets affects rupee
The churn in the banking sector has led many senior executives to call time on their careers. For many, it is a chance to venture into unknown fields
Selling of the US currency by banks amid its lower value overseas affects rupee
Month end dollar demand, strengthening greenback vs global currencies pulled rupee to its lowest levels in 10 months
The central bank expected to issue notification in this regard shortly
Month-end demand for the US currency from importers and banks affects rupee
It had opened at Rs 55.68 and during intra-day trades it touched a high of Rs 56.00 and a low of Rs 55.64
Bangalore-based Be! Fund lends to people in slums and villages, and low-income families -- typically those who can't get assistance from banks