Thrust may be to ensure that benefits of previous cuts are passed on by reduction in lending rates
Up amid selling of dollar by exporters and banks, amid persistent capital inflows by foreign funds
The currency erases initial gains to close eight paise down on fresh dollar demand from importers
Q&A with external member, Technical Advisory Committee of RBI
Given the strong underlying momentum, a correction, if any, may be a good opportunity for a fresh round of buying
RBI is scheduled to announce mid-quarter review of monetary policy for 2013-14 on June 17
The rupee got a support over 55-level and it bounced back to a high of 54.70 before settling at 54.73, a net rise of seven paise or 0.12%
Gold imports jumped 138% in april, raising worries about current account deficit
Weaker domestic shares and broad gains in the dollar against global currencies affect rupee
This is on the back of expected low inflation numbers coming next week and stabilising global economy
Extensive use of such cards is making it easier for hackers to withdraw large amounts of money before detection
The Saradha scam in West Bengal has rocked the boat a bit, but the chit fund companies operating in Tamil Nadu are far from sinking
The partially convertible rupee closed at 54.80/81 a dollar, one per cent below its 54.25/26 close on Thursday
Heavy demand of the US currency from banks and importers affects rupee
Appreciation of the US currency against other currencies overseas affects rupee
Local unit commenced slightly higher at 54.14 against the dollar