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The rupee fell to its lowest in six-and-a-half months early on Friday, weighed down by lower domestic shares and weaker Asian currencies. At 9:07 a.m., the partially convertible rupee was at 47.10/14
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KOCHI, India (Reuters) - The U.S. dollar will remain a major component of India's forex reserves, a Reserve Bank deputy governor said on Friday.
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TOKYO (Reuters) - The euro's weakness benefits Europe's exports, Eurogroup Chairman Jean-Claude Juncker was quoted as saying by the Nikkei newspaper, after the euro fell this week to a four-year low
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NEW YORK (Reuters) - The euro rose against the dollar on Thursday, helped by its gains versus the Swiss franc and speculation European monetary officials may intervene to prop up the single currency.
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MUMBAI (Reuters) - The rupee dropped half a percent on Thursday morning to its lowest level in three-and-a-half months as the euro continued to slide against the dollar.
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MUMBAI (Reuters) - The rupee bounced back on Thursday morning, after its biggest one-day fall in 15 months, as gains in domestic shares calmed nerves about rising capital outflows but the dollar's ga
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A study by India s central bank, the RBI, has mooted the idea of floating the rupee as a global currency, but asked the government to carefully assess the pros and cons of such action, as it may incr
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The stock market benchmark Sensex tumbled over 467 points, the most in three-months, as investors panicked after Germany banned short-selling in bonds, fanning concerns that global economic recovery
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