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Wall Street inches higher, helped by US economic data
Fri, Nov 21 2014. 01 10 AM

Wall Street inches higher, helped by US economic data

Factory activity in US mid-Atlantic region rises at fastest pace in two decades, home resales jump to highest in more than a year in October
The need for a weaker rupee
Fri, Nov 21 2014. 12 24 AM

The need for a weaker rupee

Rupee weakness should be welcomed because in the past few months the real effective exchange rate indicator of the rupee has shown overvaluation by 6%, according to RBI data
Rupee recoups losses to end nearly flat
Thu, Nov 20 2014. 07 38 PM

Rupee recoups losses to end nearly flat

Rupee closes at 61.94/95 per dollar versus its previous close of 61.96/97, after earlier touching a low of 62.22
Asian shares fall as soft China data sours mood, yen slides
Thu, Nov 20 2014. 08 44 AM

Asian shares fall as soft China data sours mood, yen slides

China flash PMI shows output shrank for first time in 6 months; yen hits new multi-year lows
US stocks slip from record; focus shifts to Fed
Thu, Nov 20 2014. 01 16 AM

US stocks slip from record; focus shifts to Fed

Dow Jones falls 0.06%, S&P 500 loses 0.22%, Nasdaq drops 0.41%
Rupee closes at eight-month low against dollar
Wed, Nov 19 2014. 10 28 PM

Rupee closes at eight-month low against dollar

Increased importer and overall weakness in Asian currencies are seen as reasons for the fall in exchange rate
Rupee recovers losses to close at 61.75
Tue, Nov 18 2014. 05 49 PM

Rupee recovers losses to close at 61.75

The local unit opened at 61.79 per dollar and touched a low of 61.88, a level last seen on 16 October
Rupee ends marginally lower against dollar
Mon, Nov 17 2014. 09 51 PM

Rupee ends marginally lower against dollar

Indian currency closes at 61.74, down 0.03% from previous close of 61.72
Carry trade or grief trade?
Mon, Nov 17 2014. 05 14 PM

Carry trade or grief trade?

Indian firms borrow overseas at low interest rates and deploy them in India. This could hurt when the India fever ebbs
Nikkei sees biggest drop in three months as recession news hits
Mon, Nov 17 2014. 12 54 PM

Nikkei sees biggest drop in three months as recession news hits

Japan’s economy unexpectedly shrank an annualised 1.6% in the third quarter

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