Monday June 10, 2013
The rupee weakness is broadly a negative for stock markets though export focused firms are likely to benefit from the sharp slide in the currency. Most big corporates use hedging strategies to protect themselves from fluctuation in the currency, but a weak rupee bodes well for exporters, who earn their revenues in dollars.
Wednesday July 4, 2012
The RBI's liquidity management operations are unrelated to exchange rate movements, a deputy governor said on Wednesday
Wednesday May 23, 2012
The Indian rupee touched a record low of 56.22 to the US dollar and shed 24% over the past 9 months.
Wednesday May 16, 2012
At least 45 per cent of Indian finance executives saw currency instability as the biggest threat.
Wednesday December 28, 2011
The recent rupee depreciation has resulted in one of the highest aggregate forex losses in a single quarter. The sharp rupee depreciation and nearly threefold rise in foreign debt of these companies have led to foreign exchange losses worth Rs 4,800 crore in the July-September 2011 quarter for 50 companies that make up the NSE NIFTY index.
Monday December 26, 2011
In Asian trade, gold saw a mild fluctuation and settled at USD 1,604.07 an ounce in Singapore on Monday.
NDTV Correspondent | Saturday November 26, 2011
Exporters see the fall in rupee's exchange value against dollar as a boon for them, but they are also worried about the sharp fluctuations in the domestic currency's exchange value. Exporter who got realization on Wednesday were lucky as the domestic currency tumbled by 28 paise to close at fresh two-year low of 48.33/34 against dollar. ...