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19 Jan 2017 | 12:46 PM
Research Report
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Currency Research Report: Weekly Currency Report

Rupee posted its second consecutive weekly gain against the US dollar and appreciated by close to a percent following a series of liquidity measures taken by RBI.
22 Jul 2013 | 03:00 PM

  • Rupee posted its second consecutive weekly gain against the US dollar and appreciated by close to a percent following a series of liquidity measures taken by RBI.
  • Government had relaxed FDI reforms in 13 sectors and it includes 100 percent in telecom and higher caps in insurance and defense sectors.
  • The central bank has enhanced marginal standing facility rate to 10.25 percent, 300 basis points above the policy repo rate.
  • Moody's raised the US sovereign outlook to stable from negative, noting that the federal government's debt trajectory is on track with criteria previously laid out by the rating agency.
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