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Dollar gains momentum against rupee, USD= Rs.52.85 13 December 2011
The US dollar gained momentum and gained over its Indian counterpart and an average importer has to now pay roughly 53 rupees to procure a dollar. The surging dollar rate would be the biggest worry for the Reserve Bank of...
Keywords: overnight indexed swap, balance of trade, market outlook, Inflation
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Rupee off highs on oil payment, choppy shares 10 April 2012
The rupee trimmed early gains on Tuesday as demand for dollars from oil importers picked up and choppy shares clouded the outlook for capital inflows. Traders were also cautious as they awaited a meeting between government officials and representatives of...
Keywords: Rupee value against us Dollar, Share market, Rupee value against us Dollar, Share market
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