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Sunday, November 22, 2009

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Gaurav Kapur
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Weakness in US$ could provide respite to rupee

Weak US economic data could add to the gloomy sentiment, thereby undermining the dollar.
September 29, 2008

Improvement in risk appetite could be helpful for Re

Last week, the financial markets saw their most turbulent week in the last two decades. The credit market crisis that has gripped markets across the world
September 22, 2008

Federal Reserve policy statement holds the key to dollar and rupee

A confluence of downward pressures acting simultaneously explains the poor performance of the Indian rupee over the last five consecutive weeks
September 15, 2008

Some respite possible for Re but depreciation bias to persist

Continued deterioration in Euro-zone and UK data kept the euro and the pound under pressure.
September 8, 2008

Re may stay firm on dollar weakness

The dollar strengthened further last week as it continued its domination over other currencies. The European majors, euro and pound, took the most beating.
September 1, 2008

Re to stay under pressure due to strong dollar

The rallying US dollar took a breather last week after four consecutive weeks of hefty gains
August 25, 2008

Resurgent dollar may curb Re gains

Central banks’ statements and their anticipated policy actions act as a beacon for market action.
August 11, 2008

G3 central bank-speak on rates will guide action

The Reserve Bank of India (RBI) delivered another dose of monetary medicine to fight the inflation fever last week.
August 4, 2008

Supportive conditions for Re to prevail this week

The Indian rupee’s appreciation has lasted for as many as three successive weeks on the back of favourable conditions.
July 28, 2008

Softening crude oil prices will prove beneficial for Re

Positive developments marked the price action in the currency market last week. The most significant of them was an 11% decline in international crude oil prices.
July 21, 2008

Weaker dollar may help rupee

The dollar is in trouble again, as concerns about the health of the US financial system have resurfaced.
July 14, 2008

Apex bank support a must if the rupee is to hold ground

Mounting downward pressures saw the Reserve Bank of India finally allowing the rupee to depreciate below the 43 level against the US dollar last week.
July 7, 2008

Rupee to remain under pressure on worsening fundamentals

The RBI finally stepped in to the rescue of the Indian rupee last week. The central bank sold dollars as the rupee-dollar pair rose past the 43 level
May 26, 2008
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Reports
  • Risk aversion could keep rupee strained
  • Re-$ pair may remain range-bound
  • Downward pressures intensify but rupee may hold ground
  • US dollar's strength will keep rupee under pressure
  • Gloomy equity markets may push the rupee lower

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