Gold Silver Reports – Indian central bank Governor Raghuram-Rajan said that a certain amount of depreciation in the rupee is necessary as he works toward bringing down inflation.
Currencies
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India Rupee Kick off This Week as Risk Sentiment Wanes
Gold Silver Reports → India’s rupee completed its biggest weekly decline since mid-January as overseas funds fled the nation’s stocks amid a global equity rout.
Indian Rupee; Medium Term Growth and Inflation Expectations
Gold Silver Reports ~ Reserve Bank of India(RBI), in its just released results of the Survey of Professional Forecasters on Macroeconomic Indicators,
Sold Dollars to Stem Rupee Slip
Gold Silver Reports ~ India’s state-owned banks likely sold dollars on behalf of the Reserve Bank of India to prevent the local currency from weakening further, three FX traders told Reuters on Monday.
Indian Rupee Zoom to 2 Month High
Gold Silver Reports ~ A gauge of expected swings in the Indian rupee rose to the highest level since November amid outflows from Indian stocks and bonds.
Rupee Around 65 per Dollar, According to Bank of America
Gold Silver Reports ~ Indian central bank Governor Raghuram Rajan oversaw the biggest jump in currency reserves among major developing nations and he’s not afraid to use them to help the rupee.
Crude Slip Under $30 Barrel for the 1st Time in 12 Years
Gold Silver Reports ~ Crude Oil dropped below $30 a barrel in New York for the first time in 12 years on concern that turmoil in China’s markets will curb fuel demand.