Dollar Set for Biggest Weekly Gain in Two Months

The Indian rupee rose the most in two weeks on Friday to gain 0.5 percent for the week on the back of strong foreign flows into domestic markets even as other emerging Asian currencies buckled over concerns about U.S. interest rates and China's weakening yuan. Foreign funds have poured in $3.8 billion in domestic equities and bonds in March, sending indexes to record highs on Tuesday. The partially convertible rupee closed at 60.895/905 per dollar, stronger than Thursday's close of 61.34/35, scoring a third weekly gain in four. It gained 0.7 percent in the session, its biggest daily gain since March 6

Today’s Headlines

1) Dollar Set for Biggest Weekly Gain in Two Months.
2) Asia Currencies Slide in Week on Fed Outlook.
3) U.S. Keeps AAA by Fitch, Outlook Raised on Debt Pact.
4) Pound Set for Biggest Weekly Drop in 4 Months as Policy Diverges.
5) India’s Rupee Rebounds as Improving Economy.

Read detail analysis report: - http://rrfcl.weebly.com/1/post/2014/03/dollar-set-for-biggest-weekly-gain-in-two-months.html