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Why the rupee is marching to its own gloomy beat
The rupee is in a decline of its own making. But the stock markets seem to be holding up. What is the reason for this divergence? #rupee-dollar #Reserve Bank of India #Rupee #United States dollar #ChartView
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RBI, oil firms discuss potential dollar purchase measures
After rupee hitting a lifetime low of 57.25 to dollar, RBI has asked the state-run oil firms to steer 50 percent of their dollar purchases through a single state-owned bank. #RBI #NewsTracker #United States dollar #Foreign exchange market #Oil firms
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Rupee strongest in ten days, rises to 55.65
Rupee rose to its highest in ten days leading BSE to rise up 0.5 percent in the pre-open trade on Tuesday. #Rupee #United States dollar #CurrencyWatch #Oil firms
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New record! Gold surges to Rs 30,000 on heavy demand
Gold prices breached Rs 30,000 mark for the first time today on heavy buying by stockists and retailers amid strong overseas trend. #Gold #NewsTracker #United States dollar
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China sinks with Europe : Could slowdown get worse?
World's major economies such as China and Britain are growing slower than ever and private employment in the US hasn't grown as expected. Investors and governments world over are waiting to see what this will lead to #China #WhatNext #United States dollar #Euro
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What? Gold headed for worst fall in 30 years?
Gold is down six percent , which is its worst May performance since 1982. This fall comes in the light of concerns over Spain's banking system and the crucial Greek elections which will determine its position in the eurozone. #Gold #Monetary policy #United States dollar #euro crisis #MetalWatch #precious metal
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Govt rolls back 1% excise duty on jewellery
In a relief to millions of jewellers across the country, Finance Minister Pranab Mukherjee today announced rolling back one percent excise duty on both branded and unbranded jewellery. #Gold #NewsTracker #United States dollar #Union budget of India #Taxation #Jewellery
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Gold hits one-week high; dollar, oil eyed
Gold prices hit a one-week high on Monday before paring gains to trade near the previous closing price, with investors closely watching the oil and currency markets for trading cues. #Inflation #Commodities market #commodities #Investment #NewsTracker #United States dollar #Gold exchange-traded fund
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Rupee down 17 paise, breaches 50-mark as dollar demand rises
Traders said the increased demand for the US currency from importers and weak opening in the equity market put pressure on the rupee. #Rupee #United States dollar #Money #Currency #CurrencyWatch
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Rupee hits 2 1/2 month high to touch 49.65 to a dollar
The rupee touched a two-and-a-half month high on Friday, aided by firm local shares, as demand for riskier assets was spurred by hopes Greece will soon reach an agreement on restructuring its debt. #BSE Sensex #United States dollar #Mumbai #Indian rupee #The Federal Bank Limited #Foreign exchange