Results 1 to 3 of 3
  1. #1
    Nιѕнy
    Guest

    Lightbulb Rupee up tracking equities after budget

    Follow us on Social Media







    [DOWN]MUMBAI: The Indian rupee rose on Friday, tracking stronger domestic stock markets, after the Union Budget presented by Finance Minister Pranab
    Forex Converter
    Convert
    Rs.To
    Mukherjee earlier in the day raised expectations it would boost consumption.

    At 3:55 pm, the partially convertible rupee was at 46.1250/1350 per dollar, off an intraday high of 46.1125, and stronger than Thursday's close of 46.3950/4050.

    The benchmark BSE share index was trading up more than 1 per cent, after rising more than 2 per cent earlier in the day.
    In the federal budget, India revised its fiscal deficit projection for 2009/10 to 6.9 per cent of GDP from 6.8 per cent, and said this will be cut to 5.5 per cent in 2010/11.

    One-month offshore non-deliverable forward contracts were at 46.18/28, weaker than the onshore spot rate.

    In the currency futures market, the most traded near-month dollar-rupee contracts on the National Stock Exchange and MCX-SX were both quoting at 46.2525.
    [/DOWN]

  2. #2
    New Arrivals
    Join Date
    Jun 2011
    Location
    1
    Posts
    1

    T

    Default

    thanks you share

  3. #3

    Post







     
     

     





     




    MUMBAI: The Indian rupee rose on Friday, tracking stronger domestic stock markets, after the Union Budget presented by Finance Minister Pranab
    Forex Converter
    Convert
    Rs.To
    Mukherjee earlier in the day raised expectations it would boost consumption.

    At 3:55 pm, the partially convertible rupee was at 46.1250/1350 per dollar, off an intraday high of 46.1125, and stronger than Thursday's close of 46.3950/4050.

    The benchmark BSE share index was trading up more than 1 per cent, after rising more than 2 per cent earlier in the day.
    In the federal budget, India revised its fiscal deficit projection for 2009/10 to 6.9 per cent of GDP from 6.8 per cent, and said this will be cut to 5.5 per cent in 2010/11.

    One-month offshore non-deliverable forward contracts were at 46.18/28, weaker than the onshore spot rate.

    In the currency futures market, the most traded near-month dollar-rupee contracts on the National Stock Exchange and MCX-SX were both quoting at 46.2525.



     















    cool stuff... keep up the good work man..... ..

 

 

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •