The Indian rupee dropped to a record low of 62.35 per dollar on Monday morning, sparking late intervention from the central bank as its measures to tighten capital outflows raised concerns they could spook foreign investors. The Reserve Bank of India late on Wednesday unveiled rules to restrict how much its citizens and companies can invest abroad and announced additional curbs on gold imports.
Today’s Headlines
1) Dollar Heads for Weekly Gain versus Yen before U.S. Housing Data
2) Wal-Mart Sees Forex Hurting Sales After $680 Million Hit
3) China’s Treasury Holdings Fall Amid Fed Talk on Taper
4) Pound Set for Second Weekly Gain versus Dollar as Gilts Rally
5) Morgan Stanley Sees Pound at $1.48 on Carney Rates Pledge
6) Thai Bonds, Baht Fall This Week as Fed Seen Cutting Stimulus
Read detail analysis report here: - http://www.rrfinance.com/reserch/MorningBell/Cr_MorningBell.pdf
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Today’s Headlines
1) Dollar Heads for Weekly Gain versus Yen before U.S. Housing Data
2) Wal-Mart Sees Forex Hurting Sales After $680 Million Hit
3) China’s Treasury Holdings Fall Amid Fed Talk on Taper
4) Pound Set for Second Weekly Gain versus Dollar as Gilts Rally
5) Morgan Stanley Sees Pound at $1.48 on Carney Rates Pledge
6) Thai Bonds, Baht Fall This Week as Fed Seen Cutting Stimulus
Read detail analysis report here: - http://www.rrfinance.com/reserch/MorningBell/Cr_MorningBell.pdf
Know more about Fd Schemes, Fixed Deposits, Company Fixed Deposit visit this:- http://www.rrfinance.com/Fixed_Income/FixedDeposit.aspx
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