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The rupee closed flat after swinging in 25 paise band. Strong dollar demand pushed it down to Rs 44.40, while selling in early trade lifted it to Rs 44.15.
The Reserve Bank of Indias Reference Rate for the US dollar is Rs. 44.36 and the Reference Rate for Euro is Rs. 58.22 on December 28, 2006. The corresponding rates for the previous day (December 27
The rupee could rise today despite dollar's strength versus the yen, as inflows from exporters and foreign institutional investors are likely to be strong.
The rupee ended higher on dollar inflows from foreign funds and exporters. Importers bought dollars at lower levels.
The Reserve Bank of Indias Reference Rate for the US dollar is Rs. 44.39 and the Reference Rate for Euro is Rs. 58.41 on December 27, 2006. The corresponding rates for the previous day (December 26
Bank: The rupee is expected to be in the range of Rs 44.30-44.40 today. Demand for dollar is not ruled out at these levels.
The rupee ended at 10-month high on dollar sales by large companies.
The rupee is likely to open firm today, as banks are likely to continue liquidating long-dollar positions.
The rupee ended higher on FII inflows, banks' dollar sales. Demand lowered from oil cos and importers.
The rupee is likely to open slightly down today tailing the fall in yen against the dollar.
The rupee closed higher on FII inflows, banks unwounded long dollar positions.
The rupee is seen extending gains on likely dollar supplies from exporters and offshore inflows. It's likely to range between Rs 44.58-44.70 per dollar.
The rupee ended higher as FII inflows, exporter dollar sales exceeded dollar demand from importers and oil companies.
: The rupee is expected to be rangebound, and the range for the day is seen between Rs 44.65-44.75.
The rupee is likely to move in a range of 8-10 paise today, with dollar demand matching supply.
The rupee ended higher on dollar supplies from exporters and foreign funds. Weak dollar/euro aided rupee's rise.
Sandeep Bhatia of UBS believes that there will be no fundamental impact of Thai move on India. He expects liquidity crunch to continue till the second week of January. According to him, the 10-year bond yield will go up to 8.5% by next year.
The rupee is likely to trade in a range with a bias towards depreciating on dollar purchases by importers and foreign funds. It's likely to range between Rs 44.72-44.88 per dollar.
The rupee wiped losses as banks liquidated earlier bought dollar positions and on the other hand exporters sold dollar.
The Reserve Bank of Indias Reference Rate for the US dollar is Rs.44.79 and the Reference Rate for Euro is Rs.58.70 on December 18, 2006. The corresponding rates for the previous day (December 15