Reserve Bank of India

Showing posts with label Reserve Bank of India. Show all posts
Showing posts with label Reserve Bank of India. Show all posts

Wednesday, 28 May 2014

Rupee snaps three-day fall on good dollar inflows


MUMBAI (Reuters) - The rupee snapped a three-day losing streak on Wednesday as dollar inflows related to foreign funds and companies helped offset heavy month-end demand for the greenback from oil and other importers. Traders also cited occasional dollar buying by the Reserve Bank of India, although...

Tuesday, 27 May 2014

Rupee sees worst fall in over two months; eyes set on new finance minister


MUMBAI (Reuters) - The rupee posted its biggest single-day fall in more than two months on Tuesday, dropping for a third straight session, weighed down by continued profit-taking in domestic shares and month-end dollar demand from importers. After Narendra Modi was sworn in as India's prime minister...