26 Mar 2017 | 9:52 AM
Research Report
Daily

Currency Research Report: Daily Currency Report

Indian rupee started the session on a stronger note after exit polls reported possibility of BJP’s clear victory in at least 3 out of the 5 states. As a consequence, dollar selling was witnessed by foreign banks which propelled the rupee higher.
06 Dec 2013 | 09:00 AM

  • Indian rupee started the session on a stronger note after exit polls reported possibility of BJP’s clear victory in at least 3 out of the 5 states. As a consequence, dollar selling was witnessed by foreign banks which propelled the rupee higher.
  • US GDP grew at an annualized rate of 3.6 percent in the third quarter, the fastest pace since the first quarter of 2012 and faster than the 3 percent rate that had been expected.
  • BoE maintains key interest rates unchanged at 0.5 percent and ECB also left its rates unchanged at 0.25 percent.
  • The Japanese government approved an 18.6 trillion yen ($182 billion) stimulus package on Thursday aimed at dulling the impact of an up-coming tax hike on the economy.