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New Delhi, INDIA: The Indian currency has fallen by over 6 per cent in a quarter, becoming the worst performing currency in Asia. And the volatile rupee is adversely profit margins of diamond traders in western Gujarat state. The Indian currency ...
May 28, 2012 at 10:38 | Source: Channel NewsAsia
The Indian currency declined 27 paise to Rs 55.92 as compared to the American dollar in morning trade today on solider US currency against euro and Asian currencies. Forex traders stated that in addition to dollar's benefits in the abroad markets on ...
May 25, 2012 at 06:31 | Source: Top News India
The rupee is trading at its lowest levels in history compared to the dollar and has plunged another 9% since early February. So why are the India funds leading the emerging market currency pack with positive year-to-date performance around 4%?
May 11, 2012 at 15:01 | Source: NASDAQ
Abu Dhabi: The Indian rupee is set to fall further against the UAE currency in the days ahead after it fell to an all-time low of 14.81 per dirham on Wednesday on global risk aversion and strengthening of the US dollar, currency experts say.
May 16, 2012 at 20:10 | Source: Gulf News
As the Indian rupee hovers near its lowest levels against the U.S. dollar, investors and analysts have been calling for a special bond sale to strengthen the currency. On Monday, the local currency was up from its nadir, trading at 55.36 rupees ...
May 28, 2012 at 09:33 | Source: Wall Street Journal
The Reserve Bank of India (RBI) on Monday said capital flows would determine where the Indian currency was headed. The rupee has fallen 4.3 per cent against the dollar since the month began, despite RBI’s intervention and administrative measures.
May 21, 2012 at 17:34 | Source: Business Standard
He explained how his fund lost money, loads of it. The crux of his story: around 2007-09 -- those boom years -- the hedge fund invested big time in various Indian corporates’ foreign currency convertible bonds (FCCBs), considered one of the safest bets ...
May 26, 2012 at 04:28 | Source: Daily News and Analysis
Lucknow, May 20 : Chairman of the Public Accounts Committee(PAC) of Parliamenty and former BJP president Dr Murli Manohar Joshi today held the Centre responsible for the devaluation of Indian currency and said the wrong policies of the UPA-II was leading ...
May 21, 2012 at 02:54 | Source: New Kerala
Dealers said that Euro's gains against the US dollar too supported the rupee along with selling of the US currency by exporters. The Indian currency on Monday added to gains in the two previous sessions, as global risk assets stabilised.
May 28, 2012 at 06:06 | Source: NDTV
The Reserve Bank of India must resist pressure to interfere in the currency markets after the Indian rupee dropped to an all-time low as investors moved into the dollar in the face of continued international economic volatility. The currency is at the ...
May 23, 2012 at 16:42 | Source: Gulf News