Page 453 - Finance News Analysis
Rupee rallies, govt cuts withholding tax
After the government cut a tax for overseas borrowing by local companies
Country's forex reserves jump $2.44 bn to $294.5 bn
The gold reserves remained unchanged at $26 bn during the week
Rupee up 20 paise at 53.25/dollar
Weakness of dollar in the overseas market has boosted the rupee value
Strong rupee triggers gold buying in India
Gold demand traditionally rises in the last quarter of the year in India and China
Rupee ends flat, off 4-month highs on oil demand
India may raise the overseas borrowing limit for companies by $10 billion to $50 billion per year
Rupee falls 8 paise to 53.55/dollar
Dollar's gains against euro in overseas mkts amid increasing threat for debt-restructuring in Greece weigh on rupee
Rupee rises on foreign fund inflows
India has received large inflows after it decided to push ahead with reforms
Rupee at over 4-month high of 53.36/dollar
Helped by sudden dollar selling by exporters and heavy capital inflows
Manojit Saha: RBI may hold rate in Oct policy
Market participants believe rate cut isn't imminent and RBI will continue to infuse liquidity to enable credit flow to productive sectors
Rupee down 19 paise at 53.55/dollar
Persistent demand for dollar from banks & its strengthening in overseas markets have affected rupee
Dollar expected to fall below Rs 50 in 3 months: ASSOCHAM
Return of FIIs into the Indian market as well as the green back is expected to weaken against major currencies
Rupee might touch Rs 51-52 vs dollar by December
Strong portfolio flows to bridge current account deficit and stronger rupee to offset risk of higher oil prices
Rupee up 14 paise to 53.37/dollar
A higher opening in the equity market has supported the rupee
Rupee at 4-1/2-month high on strong inflows
Helped by continued inflows on hopes for improved global liquidity
Rupee rallies to 5-month high of 52.55/dollar
Sustained foreign capital inflows coupled with weak dollar overseas bolstered the rupee