Rupee Bond Yields are Poised to Rise Above Inflation

Yields on India’s 10-year government bonds are poised to rise above the inflation rate for the first time since January as the central bank tames prices. Inflation-adjusted yields ended last week at negative 0.57 percent, compared with minus 3.1 percent at the end of May, as the benchmark wholesale price index moderated to 8.62 percent [...]

Sell Indian Rupee Against South Korean Won, RBC Says (Update1) (Bloomberg)

May 1 (Bloomberg) — Investors should sell the Indian rupee against the South Korean won as the South Asian nation’s weak fiscal position makes its currency “vulnerable to a sell-off,” according to RBC Capital Markets. Read more….

Indian rupee climbs to 15-day high against US dollar (INO News)

(RTTNews) – The Indian rupee edged higher to 49.35 against the US dollar at 3:20 am ET Friday. This set the highest point for the rupee since April 16. If the Indian currency gains further, 49.30 is seen as the next target level. The dollar-rupee pair closed Thursday’s New York deals at 49.65. Read more….

Indian rupee rises to near 2-week high against dollar (INO News)

(RTTNews) – The Indian rupee soared to a 13-day high of 49.45 against the US dollar before leveling off in early trading on Thursday. This may be compared to yesterday’s close of 49.97. If the rupee ticks up further, resistance is seen at the 49.3 level. Read more….

Indian Rupee Strengthens Most in a Week as Capital Inflows Rise (Bloomberg)

April 29 (Bloomberg) — India’s rupee advanced for the first time this week after latest data showed equity purchases by foreign funds rose to the most since August. Read more….

Indian Rupee Rises Against Dollar (INO News)

(RTTNews) – Wednesday, the Indian rupee showed strength against the U.S. dollar and reached a high of 50.14 at 3:25 am ET. If the Indian currency advances further, it may likely target the 49.7 level. The dollar-rupee pair was worth 50.39 at yesterday’s New York session close. Read more….

Indian Rupee Weakens a Second Day as Importers Purchase Dollars (Bloomberg)

April 28 (Bloomberg) — India’s rupee weakened for a second day on speculation domestic companies are stepping up dollar purchases to meet month-end debt and import payments. Read more….

Indian Rupee Slumps To 5-day Low Against Dollar (INO News)

(RTTNews) – In early deals on Tuesday, the Indian rupee slipped to a 5-day low of 50.47 against the U.S. dollar. This may be compared to yesterday’s New York session close of 50.21. If the Indian currency weakens further, it may test support around the 50.63 level. Read more….

Indian rupee down as risk aversion rises (Reuters via Yahoo! Philippines News)

* Defence and oil-linked dollar demand pull rupee lower Read more….

Indian rupee falls to 4-day low against US dollar (INO News)

(RTTNews) – Against the US dollar, the Indian rupee traded down during early deals on Monday. At 12:05 am ET, the rupee touched a 4-day low of 50.17 against the dollar, compared to 49.63 hit late New York Friday. If the Indian currency falls further, it may likely find support near the 50.4 level. Read [...]

Indian Rupee Climbs To 4-day High Against Dollar (INO News)

(RTTNews) – The Indian rupee that weakened against the dollar in Friday trading reversed direction after hitting a low of 50.10 at 1:15 am ET. The rupee rose to a 4-day high of 49.72 per dollar by about 4:30 am ET. If the Indian currency gains further, it may test near term resistance around the [...]

DGCX Posts 49pc Surge in Indian Rupee-Dollar Futures Contract (Khaleej Times)

DUBAI – Dubai Gold and Commodities Exchange said on Thursday that it recorded a 49 per cent increase in the volume of Indian rupee-dollar futures contract year-to-date compared to the same 2008 period. Read more….

Indian Rupee Drops against US Dollar (INO News)

(RTTNews) – The Indian rupee dropped to a 2-day low against its US counterpart during Thursday’s early trading. Read more….

Indian Rupee Edges Up To 3-Day High Against US Dollar (INO News)

(RTTNews) – The Indian rupee edged up to a 3-day high against the US dollar during Thursday’s early trading on expectation that global funds will increase more funds into the nation’s assets as the economic outlook brightened. Read more….

Indian Rupee Rises for 1st Time in Five Days on Fund Purchases (Bloomberg)

April 22 (Bloomberg) — India’s rupee rose for the first time in five days as data showed equity purchases by foreign funds exceeded sales for a 10th straight day, the longest stretch since December 2007. Read more….

Indian Rupee Weakens Against Dollar (INO News)

(RTTNews) – During early deals on Wednesday, the Indian rupee declined against the U.S. dollar and touched a low of 50.44 at 12:05 am ET. The next downside target level for the Indian currency is seen at 50.63. The dollar-rupee pair was worth 50.33 at yesterday’s New York session close. Read more….

Indian Rupee Drops a 4th Day as Stocks Fall, Central Bank Meets (Bloomberg)

April 21 (Bloomberg) — India’s rupee fell for a fourth day, the longest losing streak in seven weeks, on speculation a slump in global stocks and slowing economic growth will drive investors away from emerging markets. Read more….

Indian Rupee Slightly Off New Multi-day Low Against Dollar (INO News)

(RTTNews) – The Indian rupee that slumped to a new multi-day low of 50.63 against the dollar in early Tuesday trading reversed direction thereafter. Currently, the dollar-rupee pair is worth 50.44, compared to Monday’s New York session close of 50.23. Read more….

Indian rupee seen down 4th day on risk aversion (Reuters via Yahoo! Philippines News)

MUMBAI, April 21 (Reuters) – The Indian rupee is seen lower for a fourth session on Tuesday, tracking falls in Asian stock markets and some currencies. Read more….

Indian rupee weakens to 1-week low as stocks fall (Reuters via Yahoo! Philippines News)

* Rupee drops to 1-week low as shares fall Read more….

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