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Rupee likely to open flat below 54.80/USD: Sharma

31-12-2012| Source:CNBC-TV18

The rupee is likely to open flat below 54.80/USD and may trade in a very narrow range. The rupee could gain on the recovery in euro, says Subramaniam Sharma, Greenback Forex Services.

EURINR, GBPINR all time highs since 1992: Mecklai Graph

21-12-2012| Source:Moneycontrol.com

Mecklai graph of the day: The Euro and GBP crosses with Indian rupee today has tested an all time high of 73.05 and 89.70 respectively. Recently, Greece got an in principle approval from euro area

Mecklai graph: EURINR, GBPINR at all time highs

21-12-2012| Source:Moneycontrol.com

The Euro and GBP crosses with Indian rupee today has tested an all time high of 73.05 and 89.70 respectively. Recently, Greece got an in principle approval from euro area finance ministers and IMF

Re to underperform compared to Asian peers: StanChart  

19-12-2012| Source:CNBC-TV18

Agam Gupta of Standard Chartered Bank, says that he thinks that an extra demand for dollar due to trade deficit will continue to drive the rupee market. He also expects the euro-rupee can move higher

Rupee likely to open firm below 54.40/USD: Sharma

17-12-2012| Source:CNBC-TV18

The rupee is likely to open firm below 54.40/USD after the sharp upmove in euro. Any rally in domestic equities will support the rupee further, says Subramaniam Sharma, Greenback Forex.

Rupee falls for 2nd day; local shares, euro drag

13-12-2012| Source:Reuters

MARKETS-INDIA-FOREX:Rupee falls for 2nd day; local shares, euro drag

See rupee hovering around 54/$ for next few weeks: HSBC  

13-12-2012| Source:CNBC-TV18

HSBCs Paul Mackel spoke to CNBC-TV18 regarding the impact of the Federal move on several currencies worldwide. He sees downside risks on dollar going forward and is still biased on the euro.

Rupee seen between 54.20-54.70/USD: Subramaniam Sharma

10-12-2012| Source:CNBC-TV18

The rupee is likely to open flat and may trade weak after the euro slipped. However, it is likely to be capped at 54.80/USD on exporter selling, says Subramaniam Sharma, Greenback Forex Services.

Rupee edges higher; shares gains

05-12-2012| Source:Reuters

The rupee is trading higher at 54.50/51 versus its previous close of 54.68/69, as losses in the greenback versus the euro and some other Asian currencies and positive local shares helped.

Rupee likely to open marginally strong: Manis Thanawala

05-12-2012| Source:CNBC-TV18

The rupee is likely to open marginally strong around 54.65/USD. It could recoup some of its losses as global equity markets have been trading sideways and the euro has been hitting 1-month highs

Rupee edges down as oil firms step up dollar buys

03-12-2012| Source:Reuters

The rupee edges down to 54.36/37 versus its previous close of 54.26/27 as oil firms buy the greenback. Oil companies are the largest buyers of dollars in the domestic currency market.

Rupee higher on euro recovery; Parliament watched

29-11-2012| Source:Reuters

The rupee is higher at 55.37-55.38 after falling to 55.61 in early trades. It closed at 55.45-55.46 on Tuesday.

Re not likely to fall below 57 this year: Mecklai Financial  

27-11-2012| Source:CNBC-TV18

Jamal Mecklai of Mecklai Financial Services, says that he feels that the rupee is on a slippery slope. It has got to keep edging lower. He does not think that the rupee will fall below 57 this year

Expect rupee to touch 56.20/USD ahead: Axis Bank  

26-11-2012| Source:CNBC-TV18

In an interview to CNBC-TV18, Ashok Gautam, Senior Vice President & Head, Global Markets, Treasury, Axis Bank spoke about the mild correction in the rupee which closed today at 55.73 against

Rupee likely to open marginally strong: Subramaniam Sharma

26-11-2012| Source:CNBC-TV18

The rupee is likely to open marginally strong, tracking a firm euro and mildly positive Asian markets, says Subramaniam Sharma, Greenback Forex Services.

Domestic politics to drive Indian rupee: HSBC

23-11-2012| Source:Reuters

Domestic politics will increasingly drive the fate of the Indian rupee, much like the Japanese yen or the euro, HSBC says in a note on Friday.

Rupee likely to open flat: Manis Thanawala

21-11-2012| Source:Moneycontrol.com

The rupee is likely to open flat. Lower crude prices, a stronger euro and positive Asian market cues will help cap its upside at 55.20/$, says Manis Thanawala, Greenback Forex Services.

JPMorgan AMC sees strong dollar, long-term value in rupee  

16-11-2012| Source:CNBC-TV18

; obviously there are issues particularly in Europe and Japan. But barring a big negative surprise around either the Euro Zone or fiscal cliff, I am broadly speaking constructive on the outlook for equities

Rupee snaps 3-day losing streak on inflows, euro

15-11-2012| Source:Reuters

The rupee rose on Thursday, snapping three sessions of losses, on bunched up dollar sales by foreign banks after public holidays and inflows from a state-run utility.

Re likely to underperform amid low volatility: Barclays Cap  

12-11-2012| Source:CNBC-TV18

The fall of the rupee has forced the Finance Ministry to take necessary steps to arrest the fall, besides which there are other near term triggers in which currency selling is a bit difficult.

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