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Reserve Bank Of India Exchange Rate News

  • Rates going down? Think again Tuesday, July 19, 2011 @ 12:24AMComment The RBA's focus on the longer term trumps the disaster headlines - and means interest rates aren't likely to change anytime soon.
  • June inflation jumps to 9.44%, may trigger rate hike Thursday, July 14, 2011 @ 3:41PMInflation in India is probably running at double digits, smashing hopes of a pause in interest rate increases by the Reserve Bank of India.
  • Most Emerging-Market Stocks Fall, Rand Weakens Amid U.S. Rating Concern Thursday, July 14, 2011 @ 6:58AMMost emerging-market stocks fell after Moody’s Investors Service said it may cut America’s credit rating, heightening concern that debt burdens in the U.S. and Europe will curb global economic growth.
  • Sensex creeps up as inflation data comes in as expected Thursday, July 14, 2011 @ 3:44AMMumbai, July 14 : A benchmark index for Indian equities markets, which opened on a subdue note Thursday, crept up into the green as the latest inflation data came in on expected lines.
  • India Inflation Quickens to 9.44% Thursday, July 14, 2011 @ 2:49AMIndia’s inflation accelerated to 9.44 percent in June, adding pressure on the central bank to extend its longest stretch of interest-rate increases in a decade. Bonds pared gains.
  • Indian rupee up tracking euro, local shares cap rise Thursday, July 14, 2011 @ 12:58AMMUMBAI: The Indian rupee edged up on Thursday, helped by gains in the euro and Asian currencies, while negative local equities kept a lid on the rise.
  • The Buzz On Business Thursday, July 7, 2011 @ 8:36PMJPMorgan Chase & Co. has agreed to pay $211 million after admitting one of its divisions rigged dozens of bidding competitions to win business from state and local governments.
  • Crude oil jumps to 3-week high, above USD96 a barrel Tuesday, July 5, 2011 @ 9:11AMForexpros - Crude oil futures advanced on Tuesday, jumping to a three-week high amid easing concerns about oversupply and after Barclays and Deutsche Bank both upgraded their oil price
  • Rupee near 2-month high on dlr inflows, firm shares Friday, July 1, 2011 @ 1:12AMMUMBAI (Reuters) – The rupee climbed to its highest level in nearly two months on Friday, buoyed by robust dollar inflows, higher local shares and strong Asian peers.
  • A global 'train wreck' Thursday, June 30, 2011 @ 9:53PMReserve Bank boss says Greek economic meltdown is the start of another GFC, with inflation not seen since the 1970s.
  • Global 'slow-mo train wreck' coming Thursday, June 30, 2011 @ 9:38PMRBA boss says Greece the start of another GFC with inflation not seen since the 1970s.
  • Current account deficit moderates to 2.6% of GDP in FY11 Thursday, June 30, 2011 @ 11:35AMIndia's current account deficit (CAD) moderated to 2.6% of the GDP in 2010-11 at $44.3 billion due to faster growth in exports.
  • Rupee ends firm at Rs 44.86 per dollar, 1-week-high Wednesday, June 29, 2011 @ 12:47PMMumbai, Jun 29: The Rupee ended firm today at Rs 44.86, surging by 17 paise, a one-week-high, against the Dollar on selling of the greenback by exporters, dealers at the Interbank Foreign Exchange said.
  • The Australian Dollar: What Every Forex Trader Needs To Know Wednesday, June 29, 2011 @ 11:54AMWith its unique relationship to the Japanese yen, the AUD is an important currency for FX traders.
  • Rupee ends steady at 44.97 per USD Friday, June 24, 2011 @ 12:14PMMumbai, Jun 24 : The Rupee closed at 44.97, nearly steady today, falling slightly by one paisa against the Dollar on improving demand for the greenback from importers, dealers at the Interbank Foreign Exchange said.
  • RBI to revise methodology for Computation of Reference rate Friday, June 24, 2011 @ 12:11PMMumbai, Jun 24 :The Reserve Bank of India has decided to revise the existing methodology for Computation and Dissemination of RBI Reference Rate with effect from July 1, 2011.
  • Rupee down on euro, Asian peers; dlr flows to cap losses Thursday, June 23, 2011 @ 1:48AMMUMBAI (Reuters) - The rupee weakened on Thursday, tracking weak Asian peers and the euro's losses against the greenback, but traders expect dollar selling by exporters to limit the losses.
  • Rupee down on euro, Asian peers; dlr flows to cap losses Thursday, June 23, 2011 @ 1:48AMMUMBAI (Reuters) - The rupee weakened on Thursday, tracking weak Asian peers and the euro's losses against the greenback, but traders expect dollar selling by exporters to limit the losses.
  • Rupee ends lower by four paise at 44.88 per USD Wednesday, June 22, 2011 @ 12:34PMMumbai, Jun 22:The Rupee slipped by four paise at 44.88, against the Dollar today on rising demand for Dollars from importers, dealers at the Interbank Foreign Exchange said.
  • SABMiller to keep talking with Foster's Monday, June 20, 2011 @ 5:58PMInvestors bet on higher bid; SABMiller denies hostile option. 22 Jun 2011 7:09 AM
  • SABMiller to keep talking with Foster's Monday, June 20, 2011 @ 5:58PMInvestors bet on higher bid; SABMiller denies hostile option. 22 Jun 2011 7:09 AM
  • Asia confronts the challenge of inflation Monday, June 20, 2011 @ 12:40PMASIA is finally waking up to its inflation challenge. Recent weeks have seen a further round of monetary tightening, with a succession of central banks raising interest rates or taking other measures to put a cap on rising prices.
  • Tag: past Friday, June 17, 2011 @ 3:05AM... retreated against a basket of currencies while the euro was steadier in Asia on Friday. The single currency had a rollercoaster ride in the past 24 hours that saw it slump to a record low on the Swiss ...
  • Indian Central Bank Announces Another Rate Hike And Says Deceleration Is Unavoidable Thursday, June 16, 2011 @ 12:54PMThe Reserve Bank of India (RBI), India's central bank, raised benchmark lending rates by 25 basis points to curb stubbornly high inflation. The repo rate was raised to 7.5% and the reverse repo rate increased to 6.5%. This has been the tenth rate hike since March 2010.
  • India ups rates to tackle 'uncomfortable' inflation Thursday, June 16, 2011 @ 7:12AMMUMBAI (AFP) - India's central bank raised its key interest rates on Thursday by a quarter of a percentage point -- its 10th hike in 16 months -- in a bid to tame high inflation stuck at "uncomfortable levels."
  • Sensex dips below 18,000 points as RBI hikes rates Thursday, June 16, 2011 @ 6:56AMMumbai, June 16 (PTI) The BSE benchmark Sensex fell by 171 points to dip below 18,000 mark after three weeks in pre-close trade today as RBI hiked its policy rates by 25 basis points to contain rising inflation.
  • Sensex tumbles 146 pts on RBI rate hike Thursday, June 16, 2011 @ 6:28AMMumbai, Jun 16 (PTI) The BSE benchmark Sensex fell to its three-week low on Thursday, closing 146 points down to below the 18,000 mark as FIIs sold stocks on fears that 25 bps hike by the RBI to tame a strident inflation will hit the growth of an economy, already showing signs of a slow down.Weak global cues further dampened the sentiment.The Bombay Stock Exchange key index, Sensex, dropped by ...
  • Emerging-Market Stocks Slump to Three-Month Low on Interest Rates, Greece Thursday, June 16, 2011 @ 3:13AMThe MSCI Emerging Markets Index dropped 1.6 percent to 1,109.98 at 3:38 p.m. in Singapore , set for its lowest close since March 18. China’s Shanghai Composite Index lost 1.5 percent, the South Korea’s Kospi Index (KOSPI) slid 1.9 percent and Taiwan’s Taiex Index slumped 2 percent.
  • RBI reference rates for US dollar, euro Thursday, June 16, 2011 @ 2:44AMMumbai, June 16 (PTI) The Reserve Bank of India (RBI) today fixed the reference rate for the US dollar at Rs 44.90 and the euro at Rs 63.39, as against Rs 44.68 per dollar and Rs 64.29 per euro yesterday.In a press release issued by the RBI, the exchange rates for the pound and yen against the rupee were quoted at Rs 72.5449 per pound and Rs 55.56 per 100 yen, based on reference rates for the US ...
  • Markets unfazed after expected rate hike Thursday, June 16, 2011 @ 2:22AMIndian equities markets were largely unchanged Thursday noon after the Reserve Bank of India, predictably, hiked the repo rate by 25 basis points -- the tenth interest rate hike since March 2010.
  • India Raises Rates for 10th Time Since 2010 to Curb Inflation Thursday, June 16, 2011 @ 1:56AMIndia’s central bank raised interest rates for the 10th time since the start of 2010, extending the longest streak of monetary tightening in a decade after inflation accelerated.
  • Asian shares down but Tokyo lifted by TEPCO Wednesday, June 15, 2011 @ 8:13AMHONG KONG: Asian stock markets were mostly lower on Wednesday despite gains on Wall Street and positive US data but Tokyo remained buoyant thanks to bullishness on Tokyo Electric Power.
  • Consumer Prices in U.S. Increase More Than Estimated on Raw-Material Costs Wednesday, June 15, 2011 @ 7:40AMThe cost of living in the U.S. rose more than forecast in May reflecting higher prices for everything from autos to hotel rooms, signaling raw-material expenses are filtering through to other goods and services.
  • Philippines May Tighten Policy as Asia Fights Inflation Wednesday, June 15, 2011 @ 5:20AMThe Philippine central bank may tighten monetary policy after inflation accelerated to a 13- month high, as Asian nations from China to India fight price gains even while growth slows.
  • In Asia's Inflation Fight, Inflation Is Winning Wednesday, June 15, 2011 @ 5:20AMThe Philippines may raise rates after inflation jumps to a 13- month high, as Asian nations from China to India fight price gains even while growth slows
  • Most Emerging-Market Stocks Fall on Inflation Concern; Philippines Gains Wednesday, June 15, 2011 @ 3:58AMMost emerging-market stocks fell, dragging down the benchmark index for the fifth time in six days, on concern central banks will step up measures to rein in inflation. Consumer staples and health-care companies rose.
  • Rupee gains on inflows, volume light Wednesday, June 15, 2011 @ 2:28AMMUMBAI (Reuters) - The rupee strengthened on Wednesday as custodian banks sold dollars on behalf of foreign funds investing in bonds and stocks, but traders said volume was light ahead of the central bank's policy on Thursday.
  • Indian Market Edges Lower In Early Trade Wednesday, June 15, 2011 @ 12:01AMThe Indian market is subdued on Wednesday, as caution prevails ahead of an impending rate hike to be announced by the Reserve Bank of India tomorrow at its mid-quarter review policy meet. Also, investors await corporate advance tax payments numbers for the June quarter for cues on earnings outlook.
  • Sensex shed 35 pts in opening trade on fears of rate hike Tuesday, June 14, 2011 @ 11:44PMMumbai, June 15 (PTI) The BSE benchmark Sensex fell by over 35 points in opening trade Wednesday as foreign funds and retail investors offloaded positions ahead of Thursday''s RBI credit policy review amid high inflation.The 30-share barometer, which gained 42.63 points in yesterday''s volatile session, fell by 35.96 points to 18,272.70 in the first few minutes of trade today.Stocks of banking ...
  • Asian markets down amid rate hike expectations Tuesday, June 14, 2011 @ 11:29PMshare: digg facebook twitter BANGKOK (AP) — Asian stock markets mostly fell Wednesday as investors anticipated rate hikes by central banks in India and China to contain stubbornly high inflation. Oil prices hovered above $99 a barrel after a report showed U.S. crude inventories fell more than expected, suggesting demand may be improving. The Reserve Bank of India, which has raised key policy ...
  • Hometownstations.com-WLIO- Lima, OH News Weather SportsAsian markets down amid rate hike expectations Tuesday, June 14, 2011 @ 10:51PMBANGKOK (AP) - Asian stock markets mostly fell Wednesday as investors anticipated rate hikes by central banks in India and China to contain stubbornly high inflation.
  • Indian Market May Edge Lower Tuesday, June 14, 2011 @ 10:16PMThe Indian market may open little changed with a negative bias on Wednesday, taking cues from mixed Asian markets, after a positive lead from Wall Street on the back of data showing better-than-expected retail sales eased concerns over the health of the world's largest economy. Trading could remain a little bit choppy due to expectations of an interest rate hike.
  • Sensex ends higher by 43 points amid worries of rate hike Tuesday, June 14, 2011 @ 7:02AMMumbai, Jun 14 (PTI) Snapping four days of losing streak, the BSE benchmark Sensex on Tuesday closed higher by 43 points even as inflation breached 9 per cent mark in May, making investors worried about an imminent rate hike by the Reserve Bank.The 30-share Sensex of the Bombay Stock Exchange resumed on a promising note but relentless rise in inflation washed away the early gains. After hovering ...
  • India Inflation Jumps To 9.06% In May Tuesday, June 14, 2011 @ 3:10AMMUMBAI -- India's inflation rate jumped to 9.06% in May from 8.66% in April, according to data from the Ministry of Commerce and Industry released Tuesday. May inflation was also higher than economists expected, adding to pressure on the Reserve Bank of India to again hike interest rates on Thursday. The average forecast of economists surveyed by Dow Jones Newswires was for inflation to come in ...
  • Concerns about faltering economic recovery send stock markets tumbling Friday, June 10, 2011 @ 1:06PMTORONTO - The Toronto stock market closed sharply lower Friday at the end of another negative week as rising worries about slowing economic conditions pushed stocks lower across most sectors. The S&P/TSX composite index tumbled 171.74 points to 13,084, while the TSX Venture Exchange was off 23.65 po
  • India Industrial Output Growth Slows; Rate Pressure Stays Friday, June 10, 2011 @ 2:46AMIndia’s industrial production growth eased in April, a slowdown that has yet to curb pressure for more interest-rate increases to damp inflation. Stocks fell.
  • India Industrial Output Growth Slows Friday, June 10, 2011 @ 2:46AMIndia’s industrial production growth eased in April, a slowdown that has yet to curb pressure for more interest-rate increases to damp inflation. Stocks fell.
  • Copper Falls to One-Week Low as Rising Global Interest Rates May Curb Use Thursday, June 9, 2011 @ 1:08PMCopper fell to a one-week low on speculation that demand will wane as central banks worldwide raise borrowing costs to curb inflation.
  • Asian Shares End Mixed; Banks Pull Down China, HK Thursday, June 9, 2011 @ 5:51AMRead full story for details.
  • Asian Shares End Mixed; Banks Pull Down China, HK Thursday, June 9, 2011 @ 5:51AMRead full story for details.