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Currency Rate

Nov 29, 2016 at 14:28 | Source: PTI
It said economic activity will be hit in the October- December quarter because of the cash crunch created by withdrawal and replacement of 500 and 1000 rupee notes that accounted for 86 percent of the value of currency in circulation.
Nov 29, 2016 at 12:40 | Source: PTI
According to the global financial services major, following the demonetisation move, the dampening impact on economic activity is clear, especially on consumption, supply chain and cash dependent businesses and inflation over this quarter and the next.
Nov 25, 2016 at 09:45 | Source: Moneycontrol.com
According to Angel Broking, In todays trading session, the Indian Rupee is likely to remain weak as the prospect of higher interest rates in the US along with the encouraging promises made by the Trump administration has made the investors to pull their funds from emerging markets including India which will hamper the INR.
Nov 25, 2016 at 08:54 | Source: Moneycontrol.com
Kotak retains buy rating on Maruti with target cut to Rs 5900 from Rs 6600 per share as demonetisation of currency will impact near-term demand.
Nov 24, 2016 at 14:28 | Source: PTI
The CMD of Biocon Ltd, which was rated among the world's top ten employers in the biotechnology industry by an international magazine recently, said she is confident that the demonetised currency would be replaced by the new notes reasonably soon.
Nov 24, 2016 at 09:06 | Source: Moneycontrol.com
According to Angel Broking, USDINR is likely to depreciate today as markets discount the Nov16 FOMC minutes where most Fed officials said that it would be appropriate to raise the target range for the federal funds rate relatively soon.
Nov 21, 2016 at 12:02 | Source: Moneycontrol.com
According to Angel Broking, USDINR is likely to depreciate as hawkish comment from the US Fed Chairwoman with respect to America get ting a rate hike pretty soon will boost the demand for the DX in turn keeping the INR weak.
Nov 21, 2016 at 11:02 | Source: CNBC-TV18
Demonetisation will be positive for medium to long-term. However, in the short term the impact can be seen on daily wagers who probably are getting shifted to the brink of below poverty line, says Sridhar Sivaram, investment director at Enam Holdings.
Nov 20, 2016 at 11:52 | Source: PTI
India's economic growth is expected to fall by up to 1 percentage points over the next 12 months in the wake of demonetisation, while longer-term gains will depend on follow-up reforms, says an HSBC report.
Nov 18, 2016 at 15:04 | Source: Reuters
Since Prime Minister Narendra Modi announced the sudden removal of 500 and 1,000 rupee notes on November 8 to crack down on corruption and forgeries, banks have been awash in liquidity as households rushed to tender their old bills - putting the brakes on a cash-reliant economy.
Messages on Currency Rate »

ComoditySca
lper

Platinum Member

538 Followers

index  

There are so much factors affect the currency rate, Indian rupee is more affected by current account deficit. particularly due to trade deficit.

6.28 PM Nov 28th

marketbear

Platinum Member

3308 Followers

Other Market Topics  

IT stocks are already attractively valued irrespective of currency rates. Weak rupee can help IT companies better realisation this quarter. IT sector is in accumulation zone.

3.36 PM Nov 28th

BSE/NSE Announcer

Platinum Member

19408 Followers

GAIL  

Gail (India) Ltd has informed BSE regarding "Long Term Foreign Currency Rating of GAIL by Moodys".

11.00 AM Oct 13th

chavaliasho
k001

New Member

3 Followers

Amtek Auto  

it is due to the issue of brexit and currency is lowering so the management has thought that to kept it pending so that they can sell it off when the currency rate has increased (its not for you brother I have mentioned if for bhaven who is feeling some worried). remember that amtek is not short

2.16 PM Oct 12th

IndiTrader

New Member

7 Followers

Tata Motors  

And also the sales are a function of some many global factors like Chinese economy, cross currency rates and the ever stringent laws on emission and safety across the world which inevitably lead to more recalls.

11.22 AM Aug 29th

jagishar

Platinum Member

488 Followers

Just Posted  

Today`s Important : Euro Crisis - ECB chairman is worried about strengthening of Euro a Good Sign for India. Our GDP down is not a cause worry if we are controlling our expenses and budget. Inflation Under Control Fairly stable currency rates vs US $ Stable Govt. Retail Revolution

11.22 AM Feb 8th 2013

Currencies  

uganda currency rates

2.55 PM Feb 5th 2013

scj1958

Silver Member

4 Followers

Other Market Topics  

The current currency rates and valuations in INDIA are compelling for FIIs to invest in INDIA in a big way.

3.47 PM Jan 27th 2013

badboyman

Gold Member

11 Followers

KPIT Cummins  

margins from 5% in 4QFY2012 to 14% in 2QFY2013 and a qoq decline in general and administrative (G&A) costs. The PAT came in at Rs41cr, down 16.4% qoq, negatively impacted by forex loss of Rs21cr. The management indicated that forex losses are expected to decline going forward at prevailing currency rates.”

8.10 PM Dec 16th 2012

badboyman

Gold Member

11 Followers

KPIT Cummins  

margins from 5% in 4QFY2012 to 14% in 2QFY2013 and a qoq decline in general and administrative (G&A) costs. The PAT came in at Rs41cr, down 16.4% qoq, negatively impacted by forex loss of Rs21cr. The management indicated that forex losses are expected to decline going forward at prevailing currency rates.”

8.05 PM Dec 16th 2012

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