Indian Indices
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18 Jan 2017 | 7:35 PM
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Currency Research Report: Daily Currency Report

Indian rupee posted mammoth fall against the dollar and once again fell to a new life time low level of 68.748 against the dollar.
29 Aug 2013 | 09:15 AM

  • Indian rupee posted mammoth fall against the dollar and once again fell to a new life time low level of 68.748 against the dollar.
  • The FM insisted on Tuesday that more reforms are needed to set the Indian economy right. He has outlined a 10-step plan to achieve this goal and added that he is committed to containing fiscal deficit at 4.8 percent of GDP. Also, the 7.16 percent 2023, 10-year bond yield rose 2.49 percent to 9 percent.
  • One-month implied volatility, a gauge of expected swings in some emerging market currencies has jumped to its highest in years, reflecting investor nervousness. While for the rupee and the Indonesian rupiah implied volatility is at its highest since 2008 and 2009 respectively.

 

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