Written by 
MUMBAI, Dec 13 (Reuters) – The Reserve Bank of India’s intervention on Friday helped the rupee avoid the losses that other Asian currencies had to endure in the wake of higher U.S. yields. The rupee was at 84.8300 to the U.S. dollar at 10:42 a.m. IST, marginally up from 84.8575 in the previous session. Other […]
(Reuters) – A look at the day ahead in Asian markets. India’s central bank interest rate decision grabs the spotlight in Asia on Friday, as investors digest yet another record high for the Nasdaq and adjust positions ahead of the weekend. The U.S. employment report for November later in the day is released after Asia […]
MUMBAI, Dec 3 (Reuters) – The Indian rupee will likely hit a fresh all-time low at the open on Tuesday, following the offshore Chinese yuan’s dip past a key level to the lowest in over a year. The 1-month non-deliverable forward indicated that the rupee would open at near 84.78 to the U.S. dollar, dropping […]