Jan 17, 2012 11:54 AM IST
Speaking to CNBC-TV18 about the rupee’s phenomenal move, Vivek Rajpal, rates strategist, Nomura said, at a broader level people are seeing some risk-on kind of scenario for Indian equities.
- Jan 12, 2012 04:22 PM IST
Risk sentiments have been deteriorating quite significantly since the past 6 months on the back of worsening European crisis and downgrade of US’s top-notch AAA rating by S&P’s. This in turn led to massive rally in dollar index, which has gained over 10% during this period.
- Jan 07, 2012 12:56 AM IST
Investors are about to find out if the economic woes in Europe are going to deliver a deep wound to US company earnings instead of the mere scratch that many expect.
- Jan 02, 2012 08:16 PM IST
The roller-coaster ride for Asian currencies, which saw only the yen and yuan post significant gains for the year against the US dollar, is set to continue in 2012.
- Dec 24, 2011 02:40 PM IST
Believe it or not, today the rupee is hovering around 53 against the US dollar. The deteriorating external environment has driven investors to the US dollar as a flight to safety, hitting most Asian currencies.
- Dec 23, 2011 09:24 PM IST
India is definitely not in the good books of brokerages and Ruchir Sharma, MD & global head of emerging markets at Morgan Stanley says the sentiment on India is souring.
- Dec 21, 2011 03:40 AM IST
Global stocks posted their strongest gains in three weeks and the euro rose on Tuesday on signs of improved economic prospects in Germany and the United States, as well as a better-than-expected Spanish debt auction.
- Dec 19, 2011 07:56 PM IST
INDIA-TRADE-MIN-RUPEE:Depreciating rupee 'matter of concern' - Anand Sharma
- Dec 16, 2011 09:46 AM IST
The year gone by has not been great in terms of performance for the Indian markets. UR Bhat, managing director, Dalton Capital Advisors continuing his pessimistic view on market sees no reason to be bullish on Indian market in 2012 as well.
- Dec 14, 2011 10:52 AM IST
The battered Indian rupee hit a record low against the US dollar on Tuesday. The rupee opened at 53.53 per dollar versus 53.23 yesterday. Moses Harding of IndusInd Bank feels the rupee weakness was not a surprise, but at the pace at which it fell from Rs 44 to Rs 54 levels in just five-six trading days is very worrying.
- Dec 08, 2011 06:58 PM IST
Last fortnight proved to be vulnerable for high yielding currencies as political uncertainties over the implementation of EFSF were mounting on the Euro zone.
- Dec 08, 2011 06:35 PM IST
In the previous fortnight, the Indian markets rallied on the back of developments in the international arena. They also agreed to reduce the interest rate on dollar liquidity swap lines by 0.5%.
- Dec 05, 2011 07:00 PM IST
Snapping a two-day gaining streak, the rupee today fell by 21 paise to 51.41/42 against the US dollar on hefty demand for the US currency from importers amid weakness in local stocks.
- Dec 05, 2011 05:52 PM IST
Angel Commodities has come out with its report on international commodities. According to the research firm Gold and Silver are expected to trade with a positive bias today as weakness in the US dollar will help support prices in the international markets.
- Dec 01, 2011 05:25 PM IST
Angel Commodities has come out with its report on international commodities. According to the research firm US Dollar weakness is expected to support gold and silver prices in the international markets today.
- Nov 30, 2011 08:22 PM IST
Stocks advanced while the US dollar fell on Wednesday after global central banks announced a coordinated move to keep funds flowing through financial markets that are being rocked by the eurozone's escalating sovereign debt crisis.
- Nov 25, 2011 06:36 PM IST
US dollar ends higher against Rupee
- Nov 25, 2011 04:36 PM IST
Weak rupee fueling inflation: FinMin
- Nov 24, 2011 04:36 PM IST
In the wake of the depreciation of the Rupee against the US Dollar, India needs to implement measures in a considered and thoughtful way, Chairperson and Managing Director of Biocon Limited, Kiran Mazumdar Shaw said today.
- Nov 24, 2011 03:02 PM IST
The sharp slide in the rupee, Asia's worst performing currency, will add slightly to inflation by raising the cost of imported goods, but that may not be enough to prompt the Reserve Bank of India to raise interest rates at its December policy review.
- Nov 23, 2011 06:42 PM IST
The Reserve Bank of India (RBI) will intervene to smooth sharp movements in the rupee and prevent a downward spiral in its value, but will balance this with the need to retain reserves in the event of prolonged turbulence, its deputy head said on Wednesday.
- Nov 23, 2011 04:46 PM IST
The rupee slid to an all-time low of 52.73 against the US dollar on Tuesday but bounced back more than 1% on Wednesday after suspected RBI intervention.
- Nov 23, 2011 01:50 PM IST
The finance ministry is not in favour of any "undue" intervention by the RBI in the forex market to prop up the rupee, a senior finance ministry source told Reuters on Wednesday, a day after the local currency hit a record low against the US dollar.
- Nov 22, 2011 07:00 PM IST
Even as the rupee fell to an all- -time low of 52.73 vis-a-vis US dollar today, the government said RBI will take the required action while conceding the central bank's intervention may not be of much help.
- Nov 22, 2011 01:00 PM IST
Geojit Comtrade has come out with its report on currency