News from other websites on Forex
Forex reserves down $616.4 mn to $293.69 bn
May 18, 2013 at 13:31 | Source: Business Today
The country's forex reserves slipped for the second consecutive week, dipping by $616.4 million to $293.69 billion on a fall in currency assets, the Reserve Bank said on Friday.The total reserves had slumped by $2.06 billion to $294.31 billion in th...
Forex reserves fall by $616 million
May 18, 2013 at 00:17 | Source: The Hindu BusinessLine
Mumbai, May 17: India’s foreign exchange reserves fell by $616.4 million to $293.69 billion in the week ended May 10. The country’s foreign exchange reserves were pulled down by a drop in foreign currency assets, which were down $568.1 m...
Probe agencies looking into money trail in IPL spot fixing
May 17, 2013 at 23:06 | Source: DNA India
A day after the Delhi Police unearthed an alleged spot-fixing racket in IPL matches, a host of other probe agencies have begun sniffing for any clandestine hawala transactions linked to it. The Enforcement Directorate (ED), which is tasked to check ...
May 17, 2013 at 20:17 | Source: The Hindu BusinessLine
Mumbai, May 17: The country’s forex reserves slipped for the second consecutive week, dipping by $616.4 million to $293.69 billion on a fall in currency assets, the Reserve Bank said today.The total reserves had slumped by $2.06 billion to $29...
Indian rupee edges up a paisa to end at 54.77 vs US dollar
May 17, 2013 at 20:17 | Source: Financial Express
Indian rupee today closed just paise higher at 54.77 against US dollar on better local equities. Continued dollar investments in shares by foreign funds helped the rupee close in the positive zone while firm dollar overseas kept the rupee's rise und...
Alpari Technical Report for May 17
May 17, 2013 at 16:17 | Source: The Hindu BusinessLine
May 17, 2013: Technical Forex Report for May 17, 2013, by Alpari Financial Services
Indian rupee down 21 paise against US dollar
May 17, 2013 at 13:56 | Source: Business Today
The Indian rupee on Friday lost 21 paise to 54.98 against the US dollar in early trade on the Interbank Foreign Exchange due to appreciation of the US currency overseas.The rupee had closed just one paise higher at 54.77 a dollar in Thursday's trade...
International markets push OnMobile FY13 net revenues up 13.7%, India <b>...</b>
May 17, 2013 at 00:00 | Source: VC Circle
international markets grew significantly, led by Latin America. The public-listed firm reported modest a revenue rise of 13.7% to Rs 725.3 crore while net profit declined by 43.2% to Rs 47.2 crore for FY13, due to forex losses and an exceptional item...
RBI can buy $9 billion more forex from market: Bank of America-Merrill Lynch
May 16, 2013 at 22:00 | Source: NDTV Profit
The Reserve Bank, which had bought $840 million of forex in March in an effort to shore up the reserves after a two-year hiatus, has leg room to snap up $9 billion more from the market, brokerage Bank of America Merrill Lynch (BofA-ML) said in a repo...
RBI can buy $9 billion more forex from market: BofA-ML
May 16, 2013 at 21:50 | Source: Economic Times
MUMBAI: The Reserve Bank, which had bought $840 million of forex in March in an effort to shore up the reserves after a two-year hiatus, has leg room to snap up $9 billion more from the market, brokerage Bank of America Merrill Lynch (BofA-ML) said ...
Indian rupee up by 10 paise Vs US dollar in early trade
May 16, 2013 at 17:52 | Source: Financial Express
The rupee today rose by 10 paise to 54.68 against the dollar in early trade at the Interbank Foreign Exchange today on increased selling of the US currency by exporters and banks. Besides, strengthening of yen and other Asian currencies against the ...
Indian rupee closes 3 paise higher against US US dollar at 54.78 on rally in equities
May 16, 2013 at 16:32 | Source: Financial Express
A strong dollar weighed on rupee but the local currency managed to erase early losses and settle 3 paise higher at 54.78, amid signs of massive capital inflows. The rupee commenced weak at 54.86 a dollar and moved down further a low of 54.91 at the ...
Rupee up by 10 paise versus dollar in early trade
May 16, 2013 at 12:15 | Source: DNA India
The rupee today rose by 10 paise to 54.68 against the dollar in early trade at the Interbank Foreign Exchange today on increased selling of the US currency by exporters and banks. Besides, strengthening of yen and other Asian currencies against the ...
Rupee edges up as share gains offset broad dollar rally
May 16, 2013 at 01:30 | Source: FirstPost
MUMBAI (Reuters) - The rupee ended marginally stronger on Wednesday as sharp gains in domestic shares offset the dollar's rise versus most major currencies, particularly the euro.Traders said there was good two-way interest in local currency markets,...
Current account deficit takes centre-stage
May 16, 2013 at 00:41 | Source: The Hindu BusinessLine
May 15, 2013: India’s current account deficit has replaced the fiscal deficit in media headlines. Of course, one wonders why it took so long. The CAD has been a permanent feature of our national account statistics.It’s probably the love ...
Perils of an ad hoc forex policy
May 16, 2013 at 00:41 | Source: The Hindu BusinessLine
In a speech that he gave last month at the International Monetary Fund, the Reserve Bank of India (RBI) Governor, Duvvuri Subbarao, posed several questions about countries’ policies on foreign exchange market intervention and their holding of ...
Alpari Technical Report for May 15
May 15, 2013 at 18:02 | Source: The Hindu BusinessLine
May 15, 2013: Technical Forex Report for May 15, 2013, by Alpari Financial Services
Rupee up 5 paise in early trade
May 15, 2013 at 10:11 | Source: DNA India
The rupee on Wednesday rose by five paise to 54.76 against the dollar in early trade at the Interbank Foreign Exchange on selling of the US currency by exporters. Besides, a higher opening in the domestic equity market and strengthening of euro agai...
Expert views - April WPI inflation eases to 4.89 percent
May 15, 2013 at 05:00 | Source: FirstPost
REUTERS - India's headline inflation slowed for a third straight month in April to 4.89 percent, a level seen comfortable for the RBI to persist with monetary easing to revive a flagging economy.April's reading is the lowest since November 2009 and i...
Rupee weakens despite easing WPI; global dollar rise hurts
May 15, 2013 at 04:47 | Source: Economic Times
MUMBAI: The Indian rupee edged lower on Tuesday as a sharp easing in wholesale price inflation raised optimism the central bank would cut interest rates to boost economic growth, but gains were short-lived as the dollar remained well bid in the loca...
From DJ EU Officials Spain Aid Cap Of 100 Bn Euros 'should Be Enough'
