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Essar Steel, which had been looking to issue a benchmark-sized US dollar bond, said on Thursday it has put the deal on hold, a week after a sister firm cut the price of a London IPO amid jittery mark
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The Indian rupee weakened past the 45-per-dollar mark for the first time since end March as a fall in domestic shares and weaker regional peers weighed on sentiment. At 9:25 a.m. the partially conver
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MUMBAI (Reuters) - The rupee dropped to its lowest level in six weeks on Thursday weighed by the dollar's gains against major currencies and pushed down by weak domestic shares.
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MUMBAI (Reuters) - The rupee weakened past the 45-per-dollar mark for the first time since end March as a fall in domestic shares and weaker regional peers weighed on sentiment.
more » »
SINGAPORE (Reuters) - Oil rebounded above $80 a barrel on Thursday, halting two straight days of sharp drops, supported by the weaker dollar and expectations of a rosier picture for the U.S. economy.
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The rupee fell to a five-week low after global investors sought the safety of the dollar on concern of European debt crisis, which also caused fall in other Asian currencies and stocks. Rupee on Wedn
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Corporate India is banking aggressively on domestic lenders, as the euro zone crisis chokes the overseas debt market, particularly the foreign currency convertible bonds (FCCB) market. Essar Steel Ho
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MUMBAI (Reuters) - The rupee fell on Wednesday, weighed by the U.S. unit's gains against major currencies, but bounced back from more than a 1-month low helped by some recovery in local shares and on
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