INSUBCONTINENT EXCLUSIVE:
The rupee resumed lower at 67.48 from overnight close of 67.42 at forex market."Markets are awaiting the outcome of the monetary policy
meeting from the three central banks (FOMC, ECB and BoJ)
Fed is expected to raise its interest rates tomorrow while ECB likely to debate to decide the timeline of its current QE (quantitative
bourses soared to fresh four-month high, joining a global relief rally sparked by the historic summit between the US and North Korea on
Crude oil prices also edged higher today with the Brent crude gaining 30 cents at USD 76.76 per barrel and West Texas Intermediate 20 cents
briefly during the fag-end trade, the local unit once again turned volatile and reversed all its gains to end at 67.49, showing a loss of 7
of six major currencies, was up at 93.63
In the cross currency trade, the rupee also retreated against the pound sterling to settle at 90.31 per pound from 90.03 and remained weak
the food basket, official data released after market hours showed
Industrial production grew by 4.9 per cent in April this year, spurred by higher growth in manufacturing and mining sectors, compared to 3.2
The benchmark six-month forward premium payable in October inched higher to 109.25-111.25 paise from 109-111paise and the far-forward April
TheIndianSubcontinent staff and is published from a syndicated feed.)
