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Indian rupee opens at 58.10/USD, depreciates 31 paise

13-06-2013| Source:Moneycontrol.com

Indian rupee depreciated by 31 paise in early trade to open at 58.10 per dollar Thursday. In previous session, it appreciated by 60 paise to close at 57.79 per dollar.

Expect yields to stabilise: NS Venkatesh

13-06-2013| Source:CNBC-TV18

"Dollar inflow will strengthen the rupee, which will be a positive for yields. The range for the 10-year yield is seen between 7.20-7.24 percent," says NS Venkatesh of IDBI Bank.

Year-end target for rupee stands at 57/USD: Claudio Piron

13-06-2013| Source:CNBC-TV18

Claudio Piron of Bank of America Merrill Lynch says the RBI forex policy comfort zone would be to try and establish rupee in a 54-58/USD range.

Rupee reverses falling trend, rises 1% to 57.79/US$

12-06-2013| Source:Moneycontrol.com

The Indian rupee on Wednesday (June 12) rose by 1.03 percent or 60 paisa to close the day's trading at 57.79 against the US dollar. This was the first appreciation after consecutive declines since

Gold futures ease from two-month high

12-06-2013| Source:Reuters

The rupee was stronger tracking gains in most other Asian currencies. The rupee plays an important role in determining the landed cost of the dollar-quoted yellow metal.

What are govt's policy options to check rupee slide?

12-06-2013| Source:Moneycontrol.com

The RBI has typically chosen to stay away from intervention in the foreign exchange market in the recent past, allowing the rupee to be driven by market forces. With the rupee has now at a new low

Sell Indian rupee, recommends ICICIdirect.com

12-06-2013| Source:Moneycontrol.com

According ICICIdirect.com, the US dollar is expected to attract selling pressure on rallies against the INR. One can utilise the highs in the USD/INR June contract to sell. Sell Indian rupee (USDINR

Most of rupee depreciation may be behind us: BofA-ML

12-06-2013| Source:PTI

The rupee yesterday hit a life-time low of 58.98 against dollar but erased a major part of losses to close at 58.39 after the RBI possibly having intervened in the forex market to stem the slide.

Rupee up by 21 paise vs dollar in late morning trade

12-06-2013| Source:PTI

In the global market, the US dollar made a minor rise against the Japanese yen today, following the previous day's rally for the Japanese currency after Bank of Japan didn't expand stimulus measures.

Rupee recovers from record low; up 19 paise vs dollar

12-06-2013| Source:PTI

The rupee fell to all-time low of 58.98 intra-day against dollar in yesterday's trade on intense demand for the US currency, but ended 24 paise down at 58.39, a record low.

RBI intervened on Tuesday to stem rupee fall: Ahluwalia  

12-06-2013| Source:CNBC-TV18

According to reports, traders had spotted the central bank selling dollars via state-run banks starting at around 58.95 levels, after the unit fell to a record low of 58.98.

Rupee appreciates 19 paise to 58.20/USD in early trade

12-06-2013| Source:Moneycontrol.com

Indian rupee opened at Rs 58.20 per dollar on Wednesday, appreciating by 19 paise over Tuesday's closing value.

10-year yield seen between 7.25-7.35%: Ramanathan K

12-06-2013| Source:CNBC-TV18

Ramanathan K of ING Investment Management feels yields are likely to follow the direction of the rupee versus the dollar. "Lack of OMO (open market operations) announcement is a disappointment

Rupee to be seen in 58.06-59/USD range: Pramit Brahmbhatt

12-06-2013| Source:CNBC-TV18

Pramit Brahmbhatt of Alpari India sees the rupee moving in a range between 58.06-59/USD today.

Global mkts in red; will IIP, CPI nos support Nifty?

12-06-2013| Source:Moneycontrol.com

The rupee touched a fresh low of 58.98 to the dollar intra-day, dimming prospects of a rate cut by the RBI at its policy review meet on Monday. With tow important macros numbers being released, is a

India unhappy, but unshaken by rupee's plunge to record low

11-06-2013| Source:Reuters

The rupee has fallen more than 8 percent since the beginning of May, and although that is the worst performance in Asia, other currencies are also being hit by the broad rally in the dollar. Last

June quarter earnings to worsen post rupee fall: Edelweiss  

11-06-2013| Source:CNBC-TV18

Rupee fall would worsen June quarter earnings of companies having high forex loans. Markets will continue to remain under pressure due to weakning rupee, Ambareesh Baliga of Edelweiss Financial

Rupee ends 58.39/$ after hitting record low, RBI intervenes

11-06-2013| Source:Moneycontrol.com

The Indian rupee on Tuesday hit a record low at 58.98 against the US dollar to close the day's trading at 58.39. The local currency however, recouped its early losses after the Reserve Bank of India

Rupee & rates: Moses Harding tells which way will it swing?

11-06-2013| Source:Moneycontrol.com

The recent sharp depreciation of rupee from 53.66 to 58.98 has dented the hopes of rate cut action from RBI. The squeeze in interest rate differential between US and Indian Treasury yields has cut

Rupee will stabilise if cash supply in mkt: StanChart  

11-06-2013| Source:CNBC-TV18

The Indian rupee on tuesday made a fresh low, breaching 58.98 per dollar intra day. Agam Gupta of Standard Chartered Bank feels rupee can stabalise only if there is some supply in the market.