Finance, Forex and Investments

Reserve Bank Of India Exchange Rate News

Rates going down? Think againTuesday, July 19, 2011 @ 12:24AMComment The RBA's focus on the longer term trumps the disaster headlines - and means interest rates aren't likely to change anytime soon.

June inflation jumps to 9.44%, may trigger rate hikeThursday, July 14, 2011 @ 3:41PMInflation in India is probably running at double digits, smashing hopes of a pause in interest rate increases by the Reserve Bank of India.

Most Emerging-Market Stocks Fall, Rand Weakens Amid U.S. Rating ConcernThursday, July 14, 2011 @ 6:58AMMost emerging-market stocks fell after Moody’s Investors Service said it may cut America’s credit rating, heightening concern that debt burdens in the U.S. and Europe will curb global economic growth.

Sensex creeps up as inflation data comes in as expectedThursday, July 14, 2011 @ 3:44AMMumbai, July 14 : A benchmark index for Indian equities markets, which opened on a subdue note Thursday, crept up into the green as the latest inflation data came in on expected lines.

India Inflation Quickens to 9.44%Thursday, July 14, 2011 @ 2:49AMIndia’s inflation accelerated to 9.44 percent in June, adding pressure on the central bank to extend its longest stretch of interest-rate increases in a decade. Bonds pared gains.

Indian rupee up tracking euro, local shares cap riseThursday, July 14, 2011 @ 12:58AMMUMBAI: The Indian rupee edged up on Thursday, helped by gains in the euro and Asian currencies, while negative local equities kept a lid on the rise.

The Buzz On BusinessThursday, July 7, 2011 @ 8:36PMJPMorgan Chase & Co. has agreed to pay $211 million after admitting one of its divisions rigged dozens of bidding competitions to win business from state and local governments.

Crude oil jumps to 3-week high, above USD96 a barrelTuesday, July 5, 2011 @ 9:11AMForexpros - Crude oil futures advanced on Tuesday, jumping to a three-week high amid easing concerns about oversupply and after Barclays and Deutsche Bank both upgraded their oil price

Rupee near 2-month high on dlr inflows, firm sharesFriday, July 1, 2011 @ 1:12AMMUMBAI (Reuters) – The rupee climbed to its highest level in nearly two months on Friday, buoyed by robust dollar inflows, higher local shares and strong Asian peers.