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Conquas
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Username: Conquas

Post Number: 3295
Registered: 11-2011
Posted From: 99.82.251.78

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Posted on Thursday, May 24, 2012 - 10:46 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Filmbuff:

RBI does not have too much flexibility to throw dollars to stop rupee fall.




india is planning to issue bonds in internatioal markets and receive dollars ani.... rbi governor chepparu.... so... we don't need to worry about that....

rupee is going to stabilize slowly.....
all opinions expressed here are mine..
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Filmbuff
Junior Artist
Username: Filmbuff

Post Number: 67
Registered: 11-2011
Posted From: 59.92.146.64

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Posted on Thursday, May 24, 2012 - 10:35 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

As i had written earlier, this is more like expectation setting. RBI does not have too much flexibility to throw dollars to stop rupee fall. Unless they are willing to burn up say around $30- 40 Bn dollars which i doubt. China antha reserves levu ikkada.
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Conquas
Side Hero
Username: Conquas

Post Number: 3293
Registered: 11-2011
Posted From: 99.82.251.78

Rating: N/A
Votes: 0 (Vote!)

Posted on Thursday, May 24, 2012 - 10:00 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

RBI selling dollars to stabilize rupee.....

http://economictimes.indiatimes.com/markets/forex/rupee-gain s-on-rbi-dollar-selling-governors-reassurance/articleshow/13 460491.cms

keep an eye on that.....
all opinions expressed here are mine..

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