Weighed down by dollar's gains overseas, the domestic unit declines for fourth day in a row
HNIs can park their money now and earn high interest before rates start easing
All of them are dressed up, but there is no sign that the party will begin soon
It touched 53.19 earlier, the weakest level since September 27, and has dropped 2.3% this week
Sustained dollar demand from banks & importers in view of firm dollar in overseas mkt affected rupee value
Fresh dollar demand from banks despite the latter being weak in overseas mkt amidst persistent capital inflows affected rupee
Dealers said FII inflows of Rs 201 crore in stocks today cushioned the local currency against a sharper fall
Airlines stand to benefit since significant portion of domestic airlines' costs are in US dollars
Extends previous losses at Interbank Foreign Exchange due to increased demand for dollar
Sustained foreign capital inflows into equity market mainly boosted the rupee value
In its policy review on October 30, RBI is unlikely to cut rates as it can¿t risk its credibility when inflation is uncomfortably high, but it will try to soothe industry
BSE Sensex ended 0.7% lower, moving against Asian markets which ended with gains
It moved up further to 52.65 per dollar before quoting at 52.79 at 1040 hrs
The partially convertible rupee closed at 52.87/88 per dollar, steady from its previous close
2 yrs since AP imposed restrictions on MFIs: these firms survive by diversifying offerings