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IndusInd fiasco robs yen magic in NRI depositsFollowing the IndusInd situation, the RBI is scrutinizing special Japanese yen (JPY) deposits, which offered high returns to NRIs. Banks at...- Market Movers: Market awaits Assembly poll results; oil up on Opec-Russia output cut deal, dollar slips & moreHere’s a lowdown on top macro triggers that may move market on Monday.
- India, UAE currency swap pact to reduce Delhi's dependency on US dollarsThe swap is for an amount of Dh2 billion or Rs35 billion, depending on the central bank which is requesting the amount.
- Rupee may slide to 56 to 58 levels: IndusInd BankAs long as Euro trades above 130 & Nifty above 4650, 54 will remain safe. If these two give way, then we are staring at 56 to 58, says Mose...
- Rupee continues to lose groundRupee continued to lose ground, trading at 49.01 against the dolllar at 3pm, down 14 paisa from Friday.
- Rupee falls by 14 paisaThe rupee was seen losing ground on Monday, trading at 49.01 against the dolllar at 12 noon, down 14 paisa from Friday close.
- Dollar mixed as Obama sets to work to save economyThe dollar fell against the euro, rose versus the yen and struck a multi-year high against sterling as US President Barack Obama set to wor...
- Warren Buffett overtakes Bill Gates as world's richest person: ForbesFour Indians figured in the Forbes top 10 billionaires, with Lakshmi Mittal followed by Mukesh Ambani, brother Anil and K P Singh. World's ...
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