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Fundamentals 'very strong', Fin Min assures investors

Last Updated: Monday, January 27, 2014, 19:38

The currencies world over behave in a different manner depending on their own fundamentals, Mayaram said, adding that India has seen considerable improvement in its CAD situation.

Stocks, rupee log losses for first time in Rajan era at RBI

Last Updated: Thursday, September 12, 2013, 19:39

Sensex fell 216 points to end at 19,781.88, while the rupee slid by 12 paise to 63.50 versus the dollar, snapping a five-day upmove that came on the back of hopes of big-bang financial sector reforms by Rajan.

Raghuram Rajan impact: Sensex zooms 412 pts, rupee up 106 paise

Last Updated: Thursday, September 05, 2013, 19:09

The markets Thursday gave a high-five to new RBI Governor Raghuram Rajan for his steps to shore up the currency and revive growth with rupee soaring 106 paise to 66.01 and Sensex jumping 412 points to over 3-week high.

Rupee recovers, stocks surge as Rajan takes charge at RBI

Last Updated: Wednesday, September 04, 2013, 21:58

Indian markets Wednesday staged a smart pullback with the rupee rebounding 56 paise to 67.07 and the Sensex surging 333 points on apparent hopes pegged on Raghuram Rajan taking over as RBI Governor.

Rupee remains 'key' for market recovery: BoFA

Last Updated: Tuesday, August 20, 2013, 18:01

Indian markets may continue to wilt under heavy selling pressure as investor sentiment has turned negative but once rupee stabilises the markets are likely to see some recovery, says a Bank of America Merrill Lynch report.

Rupee posts biggest gain in a month; RBI measures aid

Last Updated: Wednesday, July 24, 2013, 22:03

The rupee posted its biggest single-day gain in nearly a month on Wednesday as the Reserve Bank of India's renewed efforts to shore up the currency by tightening cash conditions began to yield results.

Sensex up 121 points; hovering around 19,450

Last Updated: Tuesday, July 09, 2013, 09:53

The wide-based National Stock Exchange index Nifty rose by 38.90 points, or 0.67 percent, to trade higher at 5,850.45.

Rupee closes at a two-and-a-half month low of 55.12

Last Updated: Wednesday, November 21, 2012, 19:25

Dealers said firm local equities amid sustained capital inflows limited the rupee's fall. A firm dollar overseas dampened the rupee sentiment, they added.

Rupee snaps two-day rally, down 16 paise at 54.36

Last Updated: Thursday, November 08, 2012, 18:05

Tracking weak global markets and euro's fall to a two-month low, the rupee Thursday cut short two-day rally losing 16 paise to settle at 54.36 against the US dollar on heavy demand for the American currency from banks and importers.

Rupee tumbles 54 paise to 3-week low on dollar demand

Last Updated: Thursday, October 18, 2012, 18:27

Notwithstanding smart rise in stocks, the rupee tumbled by 54 paise to end at 3-week low of 53.41 on heavy dollar demand from oil importers amid a rise in the US currency overseas on the back of robust US economic data.

Rupee at 4-mth high of 54.01, trims gains after RBI's CRR cut

Last Updated: Monday, September 17, 2012, 09:37

Tracking stock market movements, the rupee on Monday surged to 53.66 a dollar on robust capital inflows but pared some gains to close at 54.01 -- still 29 paise higher -- amid Reserve Bank infusing Rs 17,000 crore into system by way of a cut in Cash Reserve Ratio.

Rupee snaps 3-day losing trend, up 25 paise against dollar

Last Updated: Thursday, September 06, 2012, 21:17

Snapping a three-day downtrend, the rupee on Thursday recouped early losses and ended the day with a hefty 25 paise gain at 55.66 on heavy dollar sales and fresh capital inflows.