The Indian rupee surged 2.6 percent on Thursday, hitting its highest in nearly five weeks, as the U.S. Federal Reserve's decision not to dial back its easy money policy is expected to provide a reprieve to the local central bank in its policy making. 10-year yield closes at 8.19 pct, down 18 bps SBI raises base rate by 10 bps to 9.80 pct Dealers hope RBI will withdraw some cash tightening steps after Fed decision.
Today’s Headlines
1) Dollar Falls toward 7- Month Low on Fed as Yen Drops
2) Ringgit Leads Jump in Asian Currencies as Fed Maintains Stimulus
3) Yellen Chances Grow as Obama Aides Test Senate Support
4) ECB Policy Makers Say Stress Tests Risk Market Confusion
5) Fed Leaves Hedge Fund Bears Waiting on Emerging- Markets Bet
6) Norges Bank Signals Faster Rate Increases After Taming Krone
For detail analysis report please visit: - http://www.rrfinance.com/reserch/MorningBell/Cr_MorningBell.pdf
Also find information about INR Vs Dollar, Indian Rupee, stock brokers, share market prices, fixed deposit, commodity prices, fixed income, bonds and debentures, mutual funds, Non Convertible Debentures, life insurance plans, Initial Public offer, IPO India, Insurance Brokers in Delhi, Government securities, General insurance brokers, and FD Schemes please visit:- http://www.rrfinance.com/
Today’s Headlines
1) Dollar Falls toward 7- Month Low on Fed as Yen Drops
2) Ringgit Leads Jump in Asian Currencies as Fed Maintains Stimulus
3) Yellen Chances Grow as Obama Aides Test Senate Support
4) ECB Policy Makers Say Stress Tests Risk Market Confusion
5) Fed Leaves Hedge Fund Bears Waiting on Emerging- Markets Bet
6) Norges Bank Signals Faster Rate Increases After Taming Krone
For detail analysis report please visit: - http://www.rrfinance.com/reserch/MorningBell/Cr_MorningBell.pdf
Also find information about INR Vs Dollar, Indian Rupee, stock brokers, share market prices, fixed deposit, commodity prices, fixed income, bonds and debentures, mutual funds, Non Convertible Debentures, life insurance plans, Initial Public offer, IPO India, Insurance Brokers in Delhi, Government securities, General insurance brokers, and FD Schemes please visit:- http://www.rrfinance.com/