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Breaking News Thu, 24 Oct 2013
A media person speaks on phone next to the logo of the Reserve  Bank of India (RBI), outside its head office in Mumbai, India, Tuesday, April 20, 2010.
(photo: AP / Rafiq Maqbool)
RBI step brings more dollars
Deccan Chronicle
Mumbai: The special schemes announced by the RBI to attract more dollar inflows into India to support a falling rupee has so far attracted $10.1 billion. | In September 2013, the RBI opened a special window for banks to swap fresh dollar deposits in foreign currency non resident (FCNR) account, mobi...
The Union Finance Minister, Shri P. Chidambaram addressing a press conference, in New Delhi on August 12, 2013.
(photo: PIB of India)
Exclusive: India to stick with austerity despite looming election
Daily Press
NEW DELHI (Reuters) - The Indian government will have to rein in spending and cut subsidies to meet its fiscal deficit target, the country's finance minister said on Monday, underlining that an austerity drive will not be blown off course by an election due next year. | P. Chidambaram told Reuters a...
Rupee recovers to 61.48 Vs dollar
The Hindu
The rupee was trading up by 11 paise at 61.48 against the dollar at 10.24 a.m. local time on mild dollar selling by banks and exporters. | The rupee opened flat at 61.58 against the American unit, but quickly fell to 61.70 in the first few trades of ...
Rupee down 6 paise Vs dollar in early trade
Deccan Herald
The rupee moved down by 6 paise to 61.65 against the dollar in early trade today on increased demand for the US currency from banks and importers. | A higher opening in the domestic equity market and dollar's weakness against other currencies ov...
Rupee down 6 paise against dollar
The Hindu
The rupee moved down by 6 paise to 61.65 against the dollar in early trade on Thursday on increased demand for the US currency from banks and importers. | A higher opening in the domestic equity market and dollar’s weakness against other curren...
RBI step brings more dollars
Deccan Chronicle
Mumbai: The special schemes announced by the RBI to attract more dollar inflows into India to support a falling rupee has so far attracted $10.1 billion. | In September 2013, the RBI opened a special window for banks to swap fresh dollar deposits in ...
Rupee snaps 3-day losing trend, ends 6 paise up at 61.59 vs dollar
The Times Of India
MUMBAI: Snapping a three-day downward move, the rupee on Wednesday ended six paise higher at 61.59 versus the dollar on hopes that weak US jobs data would result in the Fed extending its economic stimulus. | However, the hefty initial gains of the ru...
Rupee snaps 3-day losing trend,ends 6 paise up at 61.59 vs USD
Deccan Herald
Snapping a three-day downward move, the rupee today ended six paise higher at 61.59 versus the dollar on hopes that weak US jobs data would result in the Fed extending its economic stimulus. | However, the hefty initial gains of the rupee, which had ...
Rupee snaps 3-day losing trend, ends 6 paise up at 61.59 vs USD
The Hindu
Snapping a three-day downward move, the rupee on Wednesday ended six paise higher at 61.59 versus the dollar on hopes that weak US jobs data would result in the Fed extending its economic stimulus. | However, the hefty initial gains of the rupee, whi...
Rupee up 9 paise at 61.54/dollar
The Hindu
The rupee was trading marginally up by 9 paise at 61.54 against the dollar at 4.00 p.m. local time on mild dollar demand from banks and importers. | The rupee strengthened by 55 paise to 61.08 per dollar in the opening trade against the previous clos...
Central Banking
China's newly appointed Premier Li Keqiang waves to journalists as he leaves a press conference after the closing ceremony of the National People's Congress at the Great Hall of the People in Beijing Sunday, March 17, 2013. China's new leaders pledged to run a cleaner, more efficient government and slash spending on official perks Sunday as the ceremonial legislature wrapped up a pivotal session to install a new leadership in a once-a-decade transfer of power.
(photo: AP / Andy Wong)
Asian 'safety net' stressed
China Daily
Premier calls for better use of regional foreign exchange pool | Premier Li Keqiang called on Southeast and East Asia to improve the regional financial firewall on Thursday by better using a regional foreign exchange fund, among other measures. | A multilayer regional financial safety net should be improved to help withstand global market volatilit...
Quotes
Trader Albert Young works from the floor of the New York Stock Exchange, Tuesday, April 27, 2010, in New York
(photo: AP / Richard Drew)
S&P; sets another all-time high after September job report
Xinhua
NEW YORK, Oct. 22 (Xinhua) -- S&P 500 continued to jump to uncharted territory Tuesday, as investors expected in general that the U.S. Federal Reserve would keep its stimulus in place following the long-delayed September non-farm payrolls report. | In midday trading, the Dow Jones Industrial Average rallied 62. 16 points, or 0.40 percent, to 15...



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