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Indian rupee hits 6-month low at 55.41 on firm dollar

21-05-2013| Source:PTI

Indian rupee touched nearly a six-month low of 55.41 depreciating 30 paise on sustained dollar demand from importers and weakness in equity shares.

Why Chidambaram doesn't yet deserve an upgrade

21-05-2013| Source:Firstpost.com

Nothing to worry about? The current account deficit (CAD) is nowhere near our comfort zone (currently its around 5 percent of GDP, twice the 2.5 percent we could live with); the rupee is diving below

Rupee trims early gains, still up by five paise

21-05-2013| Source:PTI

Rupee opens up 14 paise higher in early morning trade. Over its last close, it still was up by 5 paise in the late morning trade.

Expect Indian rupee to trade positive; buy on dips: Karvy

21-05-2013| Source:Moneycontrol.com

Karvy Stock Broking has come out with its report on currency. According to the research firm Indian rupee (USDINR) is expected to trade with a positive bias. One can buy at the lower levels

Buy Indian rupee above 54.87, says ICICIdirect.com

21-05-2013| Source:Moneycontrol.com

ICICIdirect.com has come out with its report on currency. According to the research firm, the US dollar is expected to garner buying support on declines against the INR. One can utilise the lows

Indian rupee up 16 paise vs dollar in early trade

21-05-2013| Source:PTI

The local currency had lost 23 paise to close at five-month low of 55.11 a dollar yesterday due to sustained dollar demand from oil importers.

Indian rupee gains in early trade; trades at 54.96/dollar

21-05-2013| Source:Moneycontrol.com

The Indian rupee opened higher at 54.96 per dollar against 55.11 on Monday. According to Jayesh Mehta of Bank of America, the range for the day is seen between 54.90-55.10/USD.

Rupee could appreciate to 54.90/USD: Jayesh Mehta

21-05-2013| Source:CNBC-TV18

The range for rupee is seen between 54.90-55.10/USD for the day. Strong participation in the debt auction will impact the rupee positively, says Jayesh Mehta, Bank of America.

Gold, silver fall as dollar gains; ETF holdings drop

21-05-2013| Source:Reuters

Due to outflows from exchange-traded funds and as the dollar firmed, gold drifted lower for an eighth session out of nine on Tuesday

Dollar strength may push rupee to 56 in medium term: BofA  

20-05-2013| Source:CNBC-TV18

The Indian currency may touch the 56 level in medium-term on the back of strengthening dollar.

Gold futures to fall past 1-month low

20-05-2013| Source:Reuters

Gold futures have shed about 22 percent after hitting a peak of 32,464 rupees in November last year.

See rupee above 53.70/$; Bernanke's testimony eyed: HSBC  

20-05-2013| Source:CNBC-TV18

dollar to remain strong and press oil prices towards the lower end of their trading range.

Buy Indian rupee above 54.86; target 55.04: ICICIdirect

20-05-2013| Source:Moneycontrol.com

ICICIdirect.com has come out with its report on currency. According to the research firm, the US dollar is expected to garner buying support on declines against the INR. One can utilise the lows

Indian Rupee opens lower at 55.04 per dollar

20-05-2013| Source:Moneycontrol.com

The Indian rupee opened lower by 16 paise at 55.04 per dollar versus 54.88 on Friday. Agam Gupta of Standard Chartered Bank feels fundamental inflows are likely to continue, while selling pressure

Rupee likely to open above 55/USD: Agam Gupta

20-05-2013| Source:CNBC-TV18

Rupee for the day is seen between 54.90-55.25/USD range. Fundamental inflows are likely to continue, while selling pressure could emerge at 55.20/USD, says Agam Gupta, Standard Chartered Bank.

Rupee edges down tracking broad dollar gains

17-05-2013| Source:Reuters

The rupee weakened on Friday on the back of a broad rally in the dollar versus major currencies, but gains in domestic shares limited a sharp sell-off.

Buy Indian rupee on decline, says Karvy

17-05-2013| Source:Moneycontrol.com

Karvy Stock Broking has come out with its report on currency. The research firm expects the rupee to remain weak against the dollar; recommend buying at the lower levels.

Indian rupee down 21 paise against dollar in early trade

17-05-2013| Source:PTI

Dealers attributed the rupee's fall to dollar gains against the euro and yen overseas but a higher opening in the domestic stock market capped the fall.

Indian rupee opens lower at 54.85 per dollar

17-05-2013| Source:Moneycontrol.com

The Indian rupee opened at 54.85 per dollar versus 54.77 yesterday.The rupee is likely to continue its positive streak today supported by hopes of a further rate cut and good dollar inflows

Rupee to continue its positive streak today: Brahmbhatt

17-05-2013| Source:CNBC-TV18

The range for the day for rupee is seen between 54.60-55.10/USD. Rising trade gap is putting pressure on the current account deficit and that could cap the upside, says Pramit Brahmbhatt, Alpari.

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