24 Mar 2017 | 3:38 PM
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Currency Research Report: Daily Currency Report

Indian rupee lost momentum against the dollar after 5 consecutive sessions of gain and fell by close to a percent against the dollar.
13 Sep 2013 | 09:15 AM

  • Indian rupee lost momentum against the dollar after 5 consecutive sessions of gain and fell by close to a percent against the dollar.
  • Raghuram Rajan has said that India's slowing economy and its massive current account and fiscal deficits are not structural prob-lems and can be fixed with modest reforms.
  • Dollar gained after falling near two-week lows as some traders pared back bets on a reduction in stimulus by the Federal Re-serve next week. Meanwhile, according to the International Monetary Fund (IMF), it is ready to pull the trigger on reserve funds for any emerging economy that faces a current account crisis.