Market outlook

Dollar gains momentum against rupee, USD= Rs.52.85 13 December 2011

The US dollar gained momentum and gained over its Indian counterpart and an average importer has to now pay roughly 53 rupees to procure a dollar. The surging dollar rate would be the biggest worry for the Reserve Bank of...

Keywords: India Infoline market mantra, Cash reserve ratio, India Infoline market mantra, overnight indexed swap

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