- Half of corporate India's forex exposure are unhedged, according to the RBI, The Financial Express reported

Despite new record low for the rupee, dealers are not spotting yet any dollar-selling from state-run banks on behalf of the RBI. Volumes remain thin, and any small intervention could have a big

- Following is a list of events in Pakistan as well as news stories and press reports which may influence financial markets.

The rupee fell to a record low against the dollar for the third consecutive day on Friday as risk aversion made a strong comeback with Asian stocks showing deep cuts and euro falling to a four-month

://link.reuters.com/cem38s

ISLAMABAD, May 17 (Reuters) - Pakistan's current account deficit widened to a provisional $3.394 billion in the first 10 months of the 2011/12 fiscal year from $3.081 billion in the first nine, the

NEW DELHI, May 17 (Reuters) - India's oil ministry has sought cash compensation of 490 billion rupees from the finance ministry to compensate state fuel retailers for selling fuels at

* Bargain hunting among retail investors on positive sentiment

ISLAMABAD, May 17 (Reuters) - Pakistan stocks fell for a second day running on Thursday with confidence hit by two days of consecutive net selling by foreign investors and concerns about regional