Page 91 - Finance News Analysis
Banking liquidity reaches neutral zone
RBI has honoured its promise of keeping the banking sector liquidity in a no-deficit, no-surplus mode; this should now force banks to cut rates
Banking liquidity reaches neutral zone
RBI has honoured its promise of keeping the banking sector liquidity in a no-deficit, no-surplus mode; this should now force banks to cut rates
 "Banking liquidity reaches neutral zone")
Rupee firms up 5 paise to 2-week high of 67.27
The domestic currency has gained by 68 paise or one per cent in four trading days
 "Rupee firms up 5 paise to 2-week high of 67.27")
RBI sets rupee reference rate at 67.1848 against US dollar
The exchange rates for the pound and the yen against the rupee were quoted at 89.3020 and 65.47 per 100 yens, respectively
 "RBI sets rupee reference rate at 67.1848 against US dollar")
Rupee gains more, up 15 paise against dollar
Increased selling of the US currency by banks and exporters helped the value of the rupee
 "Rupee gains more, up 15 paise against dollar")
25 years of the rupee's historic devaluation
The devaluation was effected to to counter a sharp drawdown in forex reserves; to boost investor confidence, and to improve competitiveness
 "25 years of the rupee's historic devaluation")
Rupee firms up 14 paise against dollar to 67.54
Fresh inflows by foreign funds and a higher opening in domestic stocks gave the uptrend a leg to stand on
 "Rupee firms up 14 paise against dollar to 67.54")
Rupee strengthens by 27 paise, closes at 67.68
The US dollar was weak against the major world currencies in overseas markets which also strengthened the rupee sentiment
Rupee jumps 19 paise against dollar, equities help
Dealers said weakness of the dollar against other currencies overseas gave the rupee more muscle
Majority of RBI committee suggested no rate cuts at June review
The members had suggested RBI should wait for inflation to ease further, monitor the progress of monsoon rains and get further clarity on the US Federal Reserve's actions
RBI sets rupee reference rate at Rs 68 against US dollar
Rupee is fixed at Rs 67.9000 against the US dollar and Rs 74.8801 for the euro
 "RBI sets rupee reference rate at Rs 68 against US dollar")
Nigeria's devaluation to hit some Indian companies
Among those impacted would be Bajaj Auto, Bharti Airtel and Godrej Consumer
 "Nigeria's devaluation to hit some Indian companies")
Action picks up in insurance sector
Foreign investment; mergers and acquisitions (M&As), and the listing of companies likely to drive growth in sector, say experts
 "Action picks up in insurance sector")
Rupee rebounds 12 paise against dollar in early trade
Increased selling of the US currency by banks and exporters helped the value of the rupee
 "Rupee rebounds 12 paise against dollar in early trade")
Rupee unlikely to cross 69 this week
Market has confidence in Reserve Bank of India intervention beyond this, say observers
 "Rupee unlikely to cross 69 this week")
Brexit aftermath: Rupee may escape currency bloodbath with minor injuries
Says hedging of forex exposures has gone up; central bank to provide liquidity if there is volatility in currency markets
 "Brexit aftermath: Rupee may escape currency bloodbath with minor injuries")
RBI intervenes as rupee crosses 68.21 on Brexit
The rupee fell sharply against the dollar, nearing its lifetime low on Brexit fears
Rupee rises 15 paise against dollar in early trade
Increased selling of the American currency by bankers and exporters affected the value of the rupee
Rupee downslide continues, falls 11 paise in early trade
Sustained demand for the American currency from importers and banks affected the value of the rupee
Brexit or not, rupee and bonds staring at volatile sessions
Brexit or no-Brexit possibilities are evenly matched and market players have built up positions equally on both sides
 "Brexit or not, rupee and bonds staring at volatile sessions")
