The Indian rupee fell on Wednesday to within striking distance of a record low, as dealers waited for word from policymakers on steps designed to boost inflows and prop up the battered currency. Bond and forex dealers were betting the next steps to defend the rupee would come from the government, averting further harsh measures by the central bank to tighten cash.
Today’s Headlines
1) Yen Rises to Seven-Week High before BOJ Decisions; Pound Gains
2) U.S. $32 Billion Three-Year-Note Auction Attracts Foreign Demand
3) Short-Sterling Futures Stay Higher After BOE Inflation Report
4) Libor Settlements Said to Ease CFTC’s Path in Rate-Swaps Probe
5) Pound Weakens After Bank of England Releases Inflation Report
Read full story here: - http://www.rrfinance.com/reserch/MorningBell/Cr_MorningBell.pdf
Fixed Deposits - Fixed Income - Online Share Trading - RR Investors Capital Services
Today’s Headlines
1) Yen Rises to Seven-Week High before BOJ Decisions; Pound Gains
2) U.S. $32 Billion Three-Year-Note Auction Attracts Foreign Demand
3) Short-Sterling Futures Stay Higher After BOE Inflation Report
4) Libor Settlements Said to Ease CFTC’s Path in Rate-Swaps Probe
5) Pound Weakens After Bank of England Releases Inflation Report
Read full story here: - http://www.rrfinance.com/reserch/MorningBell/Cr_MorningBell.pdf
Fixed Deposits - Fixed Income - Online Share Trading - RR Investors Capital Services