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MUMBAI (Reuters) - The rupee strengthened on Friday as a large corporate sold dollars while early gains in the local sharemarket raised hopes of easing risk aversion which may lead to more capital in
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NEW YORK (Reuters) - The U.S. dollar is still the most important world currency, Standard & Poor's said on Thursday, but added that rising levels of U.S. debt and dependence on foreigners to finance
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MUMBAI (Reuters) - The rupee weakened slightly in early trade on Thursday as the dollar's gains versus major currencies overseas and a choppy start in domestic shares underpinned sentiment.
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The Indian rupee depreciated by 7 paise against the dollar in early trade on Thursday following fresh capital outflows by foreign funds amid the US currency s gains overseas. At the Interbank Foreign
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HDFC Private Banking Group that has witnessed significant investing interest from non-resident Indians (NRIs) over the past few months (after the financial crisis) is looking to expand both abroad as
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The rupee rose to a near two-month high at 45.36 to the dollar after some foreign banks sold dollars to fund their inward remittances by their foreign institutional clients who might be investing in
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The National Stock Exchange (NSE) on Wednesday entered into a cross-listing agreement with Chicago Mercantile Exchange (CME) group, the world s largest derivative exchange. The accord will enable Ind
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HONG KONG (Reuters) - The euro and sterling were under pressure on Wednesday after renewed concerns about Europe's fiscal problems but oil, copper and the Australian dollar were supported by China's
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