Page 82 - Finance News Analysis
Rupee gains 9 paise amid bullish stock market , greenback selling
Strong momentum of buying in domestic equities by foreign institutional investors helps the rupee
 "Rupee gains 9 paise amid bullish stock market , greenback selling")
Forex reserves down $443.6 mn to $375.27 bn due to fall in currency assets
In the previous week, the reserves had touched a lifetime high of $375.71 billion
3 years of Modi govt: Financial inclusion a show-stopper for NDA
The Jan Dhan Yojana has been the most successful of the govt's financial inclusion initiatives
 "3 years of Modi govt: Financial inclusion a show-stopper for NDA")
Rupee sinks 69 paise on Trump impeachment fears
Market had built up a huge short position on the rupee, expecting it to fall after a stellar run
 "Rupee sinks 69 paise on Trump impeachment fears")
Three years of Modi govt: Banking transformation still in the works
Govt has given a major push to digital payments but not much has been achieved on the NPA front
 "Three years of Modi govt: Banking transformation still in the works")
Rupee logs 2nd straight day loss, down 7 paise to 64.15
Stocks enjoyed their record breaking streak for the third straight session
 "Rupee logs 2nd straight day loss, down 7 paise to 64.15")
Rupee at 21-month high of 64.05 against dollar on robust macro data
Currency has risen 26 paise on Monday and by healthy 58 paise in last 3 sessions
NTPC masala bond available for trading on the London Stock Exchange
It is among the first bonds to list on a new International securities Market on the LSE
 "NTPC masala bond available for trading on the London Stock Exchange")
Forex reserves at life-time high of $375.71 bn
Reserves had risen by $1.594 billion to $372.73 billion in the previous week
 "Forex reserves at life-time high of $375.71 bn")
Rupee zooms 25 paise to 64.38 against US dollar, biggest gain in 4 weeks
Forex market sentiment also got a boost from the domestic equities' record-setting spree
 "Rupee zooms 25 paise to 64.38 against US dollar, biggest gain in 4 weeks")
Forex reserves touch record high at $372.73 bn
The reserves had gone up $1.250 billion to $371.14 billion in the previous week
 "Forex reserves touch record high at $372.73 bn")
Forex reserves shy of record high at $371.14 bn
In the previous week, reserves had risen by $889.4 million to $369.887 billion
 "Forex reserves shy of record high at $371.14 bn")
Rupee's bull run may end soon: Bankers & CFOs
Experts say the rupee movement is largely due to continuous, large foreign flows into local assets
 "Rupee's bull run may end soon: Bankers & CFOs")
Rupee strengthens to 20-month high
In Asia, the rupee was the best performing currency on Wednesday
 "Rupee strengthens to 20-month high")
Rupee up 17 paise on heavy dollar selling; at 2-week high of 64.44
It was further supported by unwinding of long-dollar positions by speculators
Post-merger with associates, SBI rolls the branding juggernaut
With an eye for spot among top 50 global banking brands, SBI spruces up logo, look and positioning
 "Post-merger with associates, SBI rolls the branding juggernaut")
UK holidays in demand among Indians as pound gets cheaper
Tour operators plan UK-only group travel as British currency lost 18% against rupee since Brexit
 "UK holidays in demand among Indians as pound gets cheaper")
Forex reserves increase by $889.4 mn to $369.887 bn
India's reserve position with the Fund rose by $5.3 million to $2.323 billion
 "Forex reserves increase by $889.4 mn to $369.887 bn")
Rupee logs first fall in 3 days, down 5 paise to 64.61
Domestic currency largely moved in a narrow range throughout the day
 "Rupee logs first fall in 3 days, down 5 paise to 64.61")
Rising rupee sees pressure for export support
Currency up more than 5% against dollar since Jan; however, govt not in favour of more concessions
