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Rupee off highs on oil payment, choppy shares 2012-04-10 07:44:04
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: Sensex today india, India Stock Market, Business today, Sensex today india
Read MoreDollar gains momentum against rupee, USD= Rs.52.85 2011-12-13 09:56:35
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: Lack of efficiency, balance of trade, overnight indexed swap, balance of trade
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