Thursday, September 18, 2008

Rupee off day's low, RBI hand seen

Posted: 18 Sep 2008 12:53 AM CDT

MUMBAI (Reuters) - The rupee recovered from the day's low on Thursday, helped by likely dollar sales by the Reserve Bank of India(RBI) after the rupee fell 1 percent tracking weak stocks.

Rupee falls as Asian stocks tumble

Posted: 17 Sep 2008 10:55 PM CDT

MUMBAI (Reuters) - The rupee eased on Thursday as the fall in Asian stocks raised concerns of more capital outflows but suspected intervention by the Reserve Bank of India (RBI) curbed further drop.

Rupee to ease as Asian stocks fall

Posted: 17 Sep 2008 10:24 PM CDT

MUMBAI (Reuters) - The rupee should ease on Thursday in anticipation of more equity outflows as Asian stocks fell, but the Reserve Bank of India is expected to step in and support the Indian unit to curb sharp falls.

Rupee up after RBI steps, stocks limit gains

Posted: 17 Sep 2008 04:23 AM CDT

MUMBAI (Reuters) - The rupee was higher in afternoon trade on Wednesday, helped by the Reserve Bank of India (RBI) move to make rates on deposits by non-resident Indians more attractive but gains were limited by losses in local stocks.

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