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UPDATE 1-Indian rupee posts eight weekly drop; RBI intervenes
* Rupee gains for second day; outlook still weak * Exporters, custodian banks dollar sales aid rupee * Recovery in euro from 2-yr lows also helps (Updates quotes, closing rates, adds details) By Swati Bhat MUMBAI, May 25 (Reuters) - The Indian rupee strengthened for a second session on Friday, continuing its recovery from record lows hit this week, after the central bank stepped in to defend the
* Rupee gains for second day; outlook still weak * Exporters, custodian banks dollar sales aid rupee * Recovery in euro from 2-yr lows also helps (Updates quotes, closing rates, adds details) By Swati Bhat MUMBAI, May 25 (Reuters) - The Indian rupee strengthened for a second session on Friday, continuing its recovery from record lows hit this week, after the central bank stepped in to defend the
REFILE-UPDATE 1-Indian rupee posts eighth weekly drop; RBI intervenes
to fix typo in headline and in second paragraph)
to fix typo in headline and in second paragraph)
Pakistani c.bank to buy govt paper in reverse repo
- Pakistan's central bank said it would buy government paper from commercial banks on Friday in seven-day reverse repo to inject funds into the money market.
- Pakistan's central bank said it would buy government paper from commercial banks on Friday in seven-day reverse repo to inject funds into the money market.
Weekly Wrap: Sensex snaps 4-week losing streak, ends modestly higher
After recording losses for four successive weeks, the market managed to eke out modest gains during the week ended 25 May 2012, with investors picking up stocks on expectations of some fiscal
After recording losses for four successive weeks, the market managed to eke out modest gains during the week ended 25 May 2012, with investors picking up stocks on expectations of some fiscal
Five of the best
Twenty-two families run the country, or so they say. The word “feudal” is often used. But Pakistan’s economy is in fact a unique mix of the up-to-date and the under-developed, and
SBI Cards to grow portfolio by 1 mn in 3 yrs
SBI Cards, joint venture between State Bank of India and GE Capital, aims to add 1 million credit cards to its portfolio over three years. The company has the credit card base of over 2.2 million as
SBI Cards, joint venture between State Bank of India and GE Capital, aims to add 1 million credit cards to its portfolio over three years. The company has the credit card base of over 2.2 million as
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