Indian Indices
Global Indices
Commodity (SPOT)
Currency (SPOT)
11 Dec 2016 | 5:15 PM
Research Report
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Currency Research Report: Daily Currency Report

Indian rupee opened the session on a weaker note against the dollar after yesterday the Upper House of parliament passed the Food Security Bill, rejecting amendments sought by the BJP and other opposition parties and the bill is now just one step short of becoming a law.
04 Sep 2013 | 09:00 AM

  • Indian rupee opened the session on a weaker note against the dollar after yesterday the Upper House of parliament passed the Food Security Bill, rejecting amendments sought by the BJP and other opposition parties and the bill is now just one step short of becoming a law.
  • Rupee later on went to post losses of more than 3 percent against most of its peers after S&P warned India of possible rating downgrade to Junk Status and maintained its negative outlook for Indian economy.
  • Standard & Poor's considers chances of a credit rating downgrade for India higher than that for Indonesia and said there was more than a one-in-three chance for India’s rating cut within two years.

 

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