Thu, Sep 23, 2021
The Indian rupee appreciated 10 paise to 73.77 against the US dollar in opening trade on Thursday, tracking weakness of the American currency in the overseas market and a firm trend in domestic equities.
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Mon, Sep 17, 2018
India has seen its current account deficit (CAD) widen to 2.4% in the April-June quarter from 1.9%. in the previous quarter. Economists expect the CAD to widen to 2.7-2.8% this year on the back of an increase in import of electronic goods and rising oil prices.
Wed, Sep 05, 2018
On rupee, technical indicators show currency fell too far, too fast; it is likely to cause a backlash that will hit the public
Fri, Jun 16, 2017
US Federal Reserve has hiked its domestic rate for the third time in December posing threat to inflows from FPIs in India and thus opening case for depreciation bias in Indian rupee against dollar.
Tue, Apr 18, 2017
Siddharth Purohit Senior Equity Research Analysts – Banking of Angel Broking said, “We believe a strong rupee should result in lower crude oil prices for Indian basket and that should keep both CPI and WPI under check in the near term.”
Thu, Apr 06, 2017
RBI's repo and reverse repo rates are kept unchanged at 6.25% and 5.75% respectively, where it has been since October 2016. Marginal standing facility (MSF) rate and bank rate at 6.75% each.
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