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Rupee slump costly for $5.5bn in convertible bonds

28-05-2012| Source:Reuters

of an unprecedented market boom.The economy was growing at more than 9% a year, the rupee was rallying towards a record high against the dollar and the BSE Sensex had surged six-fold in the previous five years, even

Euro-dollar will face tough resistance at 1.28: BNP Paribas

28-05-2012| Source:CNBC-TV18

Chin Loo, senior currency strategist at BNP Paribas finds that the US dollar against Asia as well the unwinds in dollar Asians and the exit out of Asian assets have been fairly extended already.

Markets Weekahead: Rupee to stabilise

28-05-2012| Source:Reuters

The rupee is expected to stabilise this week, after hitting a string of record lows against the dollar, while bond yields are seen range-bound after recent slight falls.

Rupee opens at 55.24 per dollar

28-05-2012| Source:Moneycontrol.com

The Indian rupee opened at 55.24 per dollar versus 55.37 on Friday.

Outlook for Monday: Can Coal India push Nifty higher today?

28-05-2012| Source:Moneycontrol.com

. The rupee movement, which fell to record lows against the dollar in the week gone by and impacted markets, will keep investors cautious. The euro gained against the dollar on Friday while exporters sold

RBI taking steps to check rupee slide: FM

27-05-2012| Source:PTI

Attributing the slide in rupee value to various domestic and global factors, Union Finance Minister Pranab Mukherjee today said the Reserve Bank was taking steps to arrest the currency's depreciation.

GDP, rupee, inflation, petrol: Is Nifty in for a knockout?

25-05-2012| Source:Moneycontrol.com

Finally, a flat close after a very trying week for Indian equities. The barometer of the economy - stock markets, managed a pullback largely on account of the rupee recovering and global strength

Rupee inches back on RBI hand, petrol price-hike: IndusInd

25-05-2012| Source:CNBC-TV18

Rajeev Mahrotri, head -trading, global markets, IndusInd Bank, explains to CNBC-TV18 that it was the RBIs intervention and the increase in petrol prices by the government that rescued the rupee

Re gains, global strength lends stability to mkts: Udayan

25-05-2012| Source:CNBC-TV18

-TV18 says, "The rupee has managed to pullback today and that is more important because in the morning, it was trading at 56. At one point, it had gone down to 55.25. Hence, today the currency has

Rupee up 26 paise against dollar after initial fall

25-05-2012| Source:PTI

Reversing initial decline against the US dollar, the rupee was trading 26 paise higher at 55.39 against the American currency in the mid-session today on fresh selling of dollars by banks