Cnbc Tv18 Analyst Rupee

Rupee likely to open weak; seek cues from equities

China is believed to have sold 2.5 percent of its reserves of USD 94 billion in August.

Rupee falls to lowest since Nov 2013, closes at 63.53/ USD

The Indian currency is now off the day's low after hitting its lowest level since November 14, 2013.

Market correction causing rupee fall

A relative outperformer in the past few days, the rupee hit a 10-month low today, sliding to 62.25 against the dollar as Asian currencies tumble across the board on a region-wide fall in stock markets.

Fall in global crude prices, inflation pulling down yields

With growth slowing down and crude prices falling the pressure on the Reserve Bank of India Governor Raghuram Rajan to cut rates will only increase. The bond yields are at 16-month low and would have moved down even if there was no RBI policy next week because of falling global crude prices which indicates cooling down of inflation.

Rupee recovers after touching 9-mth low of 62.22/$

The rupee on Thursday recovered after touching a fresh nine-month low of 62.22 against the dollar. The Indian currency falls to 62.22 against the dollar on buying by importers, traders

Why yields on 10-year bonds would inch to 8.45% ahead

The Reserve Bank of India (RBI) announcing OMOs indicates two things; One is that there has been plentiful liquidity, and the RBI has been buying dollars which means it is pumping rupees into the system.

RBI unwilling to let rupee appreciate much

The markets guess is it is Glaxo bringing in the money - Rs 6400 crore for its open offer almost amounting to a billion dollars and therefore the same kind of rally in the rupee today like the one seen yesterday cannot be expected because this is strictly a one-off.

Should RBI prevent further rupee appreciation?

As of now the rupee has appreciated 12.5 percent from its all time low scaled on Aug 28 and again on September 4. However, the rupee is still 11 percent cheaper year-to-date and 15 percent cheaper than year ago levels.

The FCNR dollar fest: No free lunch here

On September 4, the new RBI governor Raghuram Rajan announced that foreign banks can swap (exchange) this money for rupees for 1-3 year periods at 3.5 percentage points lower than the market rate.

Bond mkt relieved; closes 25 bps higher than Monday

The relief was on the back of the H2FY14 borrowing calendar that was announced post market hours on Monday and was in line with the expectations.

RBI to create central repository on large credits

The RBI, in a notification, said that it is necessary to build a repository of large credits and share with the banks for enabling them to be aware of building leverage and common exposures.

Rupee to cheer Raghuram Rajan's arrival; may open at 66/$

The Indian currency will, in all probability, open at 66-66.25 against the dollar, reports CNBC-TV18's Latha Venkatesh.

Rupee to remain under pressure; may trade in 68.30-68.80/$

Global strengthening of the US dollar, Syrian crisis and high crude oil prices will be putting pressure on the Indian rupee in the early hours of trade on Wednesday.

Indian rupee breaches 68/dollar; no RBI intervention seen

India's benchmark bond rallied on Tuesday morning as the government pared its auction size due to tight cash conditions, while the rupee dropped on the back of global dollar strength.

RBI to meet dollar demand via FX swaps

CNBC-TV18‘s executive editor Latha Venkatesh reports that the Reserve Bank of India (RBI) will meet the dollar demands of three oil companies Indian Oil Corporation (IOC), Hindustan Petroleum Corporation Ltd (HPCL) and Bharat Petroleum Corporation Ltd (BPCL) through direct forex swaps.

Rupee's rollercoaster ride to continue, may open at 66.80/$

One can expect a very weak start to the rupee, says CNBC-TV18‘s executive editor, Latha Venkatesh.

Rupee, shares at record lows: More selling on the anvil

According to Latha Venkatesh, the steep fall in equity markets was clearly FIIs legging it out as there was a lot of evidence to it. In the August contract itself market has seen Rs 4500 crore worth of shares being sold-off exclusive of today‘s sell-off.

Rupee not alone; most EM currencies see similar hammering

This is its record low and makes place for itself in one of the worst performing currency space along with the Brazilian real. The currency is down around 15-16 percent all the way since May 22.

FII keen on real policy moves; QE taper unlikely: F&C

Jeff Chowdhry, head- emerging equities, F&C Investments says, in an interview to CNBC-TV18, that FIIs are keen on real policy moves and that a QE taper is unlikely.

Re slide due to supply mismatch; may touch 65: HDFC Bank

Ashutosh Raina, head - forex trading, HDFC Bank says, in an interview to CNBC-TV18, that the slide in the rupee was due to a demand-supply mismatch and adds that the rupee may touch 65.

Growth, rupee tradeoff risk for mkt in medium-term: Experts

Market experts explain that the trade-off between growth and the rupee will start to become a major risk for the market in the medium term.

EM currencies in disarray: Why central banks may look away

The Indonesian rupiah is down about 1.8-2 percent. There have been bouts of falls in all currencies so this is global dollar strength.

Currency in crisis: Here's why rupee fell below 64/$

Today morning some foreign institutional investors (FIIs) bought orders and the rupee quite gently moved on to 64.11/USD, which was the costliest that the dollar traded

Rupee breaches 63/$; down 148p in decade's biggest drop

The rupee today breached the 63-level for the first time against the US currency in late evening trade at the Interbank Foreign Exchange market on higher demand for dollar, particularly from oil importers.