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Rupee weak for a third straight day, falls below 64

May 27, 2015

Rupee weak for a third straight day, falls below 64

demand for the dollar from importers and a lower opening in the domestic equity market weighed on the local currency, forex dealers said.The rupee had lost
Gold drops almost 2 percent as dollar rally continues| Reuters

May 27, 2015

Gold drops almost 2 percent as dollar rally continues| Reuters

the sharp drop in European and U.S. equity markets," said Fawad Razaqzada, technical analyst for Forex.com."This, we think, argues against a
Now we are all self-insured against capital outflows: Raghuram Rajan allays fears

May 23, 2015

Now we are all self-insured against capital outflows: Raghuram Rajan allays fears

protection is the large forex reserves at close to US $354 billion now, saying it can be used to fight extreme volatilities.The rupee had touched an all
All out to woo foreign capital, Modi govt liberalises FDI for Indian diaspora

May 22, 2015

All out to woo foreign capital, Modi govt liberalises FDI for Indian diaspora

forex remittances & investment, he added.As per the DIPPs proposal any investment made by NRIs, OCIs and PIOs from their rupee account in India
RBI allows companies to borrow in rupees offshore from overseas lenders| Reuters

May 22, 2015

RBI allows companies to borrow in rupees offshore from overseas lenders| Reuters

rules, the forex risk will shift from Indian corporate to the lender of that fund offshore, a senior foreign banker said. The back to back
RBI allows companies to borrow in rupees offshore from overseas lenders| Reuters

May 22, 2015

RBI allows companies to borrow in rupees offshore from overseas lenders| Reuters

rules, the forex risk will shift from Indian corporate to the lender of that fund offshore, a senior foreign banker said. The back to back
Govt relaxes FDI norms for NRIs, PIOs, OCI to boost capital flow

May 21, 2015

Govt relaxes FDI norms for NRIs, PIOs, OCI to boost capital flow

& edu (economy and education)", an official spokesperson said."The amendment in FDI for OCIs, NRIs & PIOs will lead to greater forex
Global banks admit guilt in <b>forex</b> probe, fined nearly $6 billion| Reuters

May 21, 2015

Global banks admit guilt in forex probe, fined nearly $6 billion| Reuters

used electronic forex trading to favour their own interests at the expense of clients. The settlements on Wednesday stood out in part because the $2
Major banks admit guilt in <b>forex</b> probe, fined $6 bln| Reuters

May 21, 2015

Major banks admit guilt in forex probe, fined $6 bln| Reuters

aside $3.2 billion to cover any forex-related settlement and shares in the bank rose more than three percent to an 18-month high as investors welcomed the