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It says exporters should convert 50% of forex earnings. Sources say half of EEFC means USD 2.5 billion should be converted in two weeks. Currently the RBI cap on open position at 5 times of available limit.
May 10, 2012 at 04:18 | Source: MoneyControl.com
You see, in FX, rather than trading a specific company’s earnings, revenue, and balance sheet projections ... You can find the current central bank target rates at forex research sites like www.dailyfx.com. Technical Trading “Patience is the key ...
May 25, 2012 at 19:17 | Source: Sydney Morning Herald
NEW DELHI, May 11 (Xinhua) -- India's central bank, the Reserve Bank of India (RBI), Thursday ordered exporters to convert half of their foreign exchange earnings kept in bank accounts into Indian rupee to prop up the national currency, the Economic Times ...
May 11, 2012 at 03:34 | Source: Xinhua News Agency
It is expected that quaterly average earnings excluding bonuses will be released as well. The pair is currently trading at 1.5964, losing 0.18%. © 2012 “FXstreet.com. The Forex Market” All Rights Reserved. Every effort is made to provide accurate and ...
May 16, 2012 at 08:07 | Source: FXStreet.com
Standalone PAT in-line, "distribution" on perpetual bonds as appropriation: Standalone adjusted PAT stood at INR2.2b, after adjusting for forex loss of INR1.1b ... is key variable to reported earnings in our view. - Core profit of coal SPVs ...
May 25, 2012 at 15:13 | Source: equitybulls.com
The Reserve Bank of India announced new measures last week to boost the currency by ordering exporters and other foreign-exchange earners to convert half of their total forex earnings kept in banks into rupees. The rupee was Asia's worst performing ...
May 14, 2012 at 14:22 | Source: YAHOO!
116.97 crore, compared with Rs.267.71 crore in Q4FY11, reflecting a 56 percent decline due to forex losses. On a per share basis, earnings for the quarter fell by 76 percent to Re.0.30 per share from the Re.1.23 per shares a year-ago. Its quarterly net ...
May 23, 2012 at 05:14 | Source: RTT News
Axiata said earnings before interest, tax, depreciation and amortisation (EBITDA) was up 4%, to RM1.8bil. "At constant currency, revenue and EBITDA growth would have been higher at 10% and 6% respectively," it said. Earnings per share were 7.0 sen compared ...
May 22, 2012 at 05:37 | Source: star.com.my
The company had reported a forex gain of Rs 4.37 crore in the December quarter. Earnings before interest, tax, depreciation and amortisation (Ebitda) margins expanded by 90 basis points at 17.10 per cent against 16.2 per cent (QoQ). Shares of ...
May 23, 2012 at 11:48 | Source: NDTV