Page 83 - Finance News Analysis
Rupee slips 11 paise to 64.52 on back of continued geo-political headwinds
Sluggish domestic equities also weighed on trade
 "Rupee slips 11 paise to 64.52 on back of continued geo-political headwinds")
Forex reserves down $956.4 mn to $368.998 bn
Gold reserves remained unchanged at $19.869 billion, the apex bank said
 "Forex reserves down $956.4 mn to $368.998 bn")
Currency impact: A burnished rupee takes polish off jewellery exports
A burnished rupee takes polish off jewellery exports
 "Currency impact: A burnished rupee takes polish off jewellery exports")
Rupee sinks 17 paise to 64.67 on global woes
Investor sentiment soured over rising military heat in the Middle East
P-note investors may shift to derivatives
P-note issuers see the equities' business as dwindling over time due to taxation
 "P-note investors may shift to derivatives")
Positives seen for Shriram City: Housing foray, high return ratios
The company is a niche play on the small and medium enterprises (SME) segment
 "Positives seen for Shriram City: Housing foray, high return ratios")
Rupee crumbles 28 paise on buoyant dollar, geopolitical tensions
This is the biggest single-day fall for the rupee in three months
 "Rupee crumbles 28 paise on buoyant dollar, geopolitical tensions")
Rupee defies global volatility, scales fresh 20-month high of 64.28
Traders and exporters offloaded long dollar bets, spooked by US air strikes against Syria
 "Rupee defies global volatility, scales fresh 20-month high of 64.28")
Rupee back to winning ways, gains 16 paise to 17-month high
Robust foreign portfolio investment inflows give the rupee strong underlying support
Rupee rallies to over 17-mth high at 64.85 on bouts of dollar selling
Strengthened by 7 paise, this is the highest closing of the rupee since October 23, 2015
Forex kitty up by $1.15 bn to $367.93 bn due to increase in currency assets
Total reserves had shot up by $ 2.67 billion to $366.78 billion for the previous reporting week
 "Forex kitty up by $1.15 bn to $367.93 bn due to increase in currency assets")
Corporate fundraising shrinks in FY17 as capacities sit idle
Banks' incremental credit-deposit ratio at 22% in FY17; tepid numbers in bonds, ECBs and equities
 "Corporate fundraising shrinks in FY17 as capacities sit idle")
Rupee storms to fresh 17-month high; jumps 37 paise on panic dollar selling
This is highest closing for the domestic unit since October 28, 2015, when it had closed at 64.93
 "Rupee storms to fresh 17-month high; jumps 37 paise on panic dollar selling")
Rupee may depreciate to 68-69 range by Dec 2017: Edelweiss
The rupee has been rallying since January 2017
Net forex reserves increase by $14.2 bn in Apr-Dec
Foreign direct investment rose to $30.6 billion compared to an increase of $27.2 billion a year ago
 "Net forex reserves increase by $14.2 bn in Apr-Dec")
Rupee retreats from 17-month high, down 14 paise against dollar to 65.44
Rupee was down because of fresh dollar demand from importers
Rupee rallies to 17-month high in voltaile trading, up 6 paise at 65.30
Gains were majorly due to increased selling of US dollar by exporters and banks
Strong rupee may hurt Q4 margins of Indian IT
With Rupee appreciating more than 3% since Dec 31, EPS of firms are expected to decline by 8%
Rising export might handle strengthening rupee, say observers
Rupee is 3rd-best performing currency in Asia against dollar behind South Korea's won, Taiwan Dollar
 "Rising export might handle strengthening rupee, say observers")
More wiggle room left for Rupee to strengthen
The rupee closed at 65.41 a dollar, strengthening as much as 65.22 a dollar in the intraday
 "More wiggle room left for Rupee to strengthen")