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Feb 10, 2012
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| China’s trade surplus swells; Exports, imports down |
| India Infoline News Service/18:15,Feb 10, 2012 |
| China's exports declined 0.5% from a year earlier, the customs bureau said today. Imports dropped by a more-than-forecast 15.3%, it added. |
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| Rupee posts biggest weekly fall |
| Capital Market/17:51,Feb 10, 2012 |
| Ends at 49.40/41 per dollar |
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| India Infoline Weekly Newsletter - February 10, 2012 |
| India Infoline News Service/17:19,Feb 10, 2012 |
| Back home, the latest batch of data points do not inspire much confidence, though car sales and the PMIs have recovered from 2011 lows. One really doesn’t know whether we have already seen the worst and things can only look up from here.
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| India's industrial output growth slumps again |
| India Infoline News Service/11:10,Feb 10, 2012 |
| The factory output, as measured by the index of industrial production (IIP), grew by 1.8% in December as against 5.9% in November, data released by the Commerce Ministry showed today. |
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| Rupee falls |
| Capital Market/11:01,Feb 10, 2012 |
| At 49.51/52 per dollar |
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Feb 09, 2012
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| BOE expands QE program; Rates left steady |
| India Infoline News Service/18:07,Feb 09, 2012 |
| In a separate but expected move, the MPC left its key lending rate at a record low 0.5%, where it has stood since March 2009. |
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| Rupee dips |
| Capital Market/17:41,Feb 09, 2012 |
| Ends at 49.50/51 per dollar |
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| Bank of Korea leaves key rate on hold at 3.25% |
| India Infoline News Service/11:36,Feb 09, 2012 |
| Most economists had expected the BOK to hold rates steady. The decision was unanimous as was the case with the four previous months' moves. |
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| Rupee falls |
| Capital Market/10:58,Feb 09, 2012 |
| At 49.36/37 per dollar |
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Feb 08, 2012
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| Economic data from the US is encouraging: Moses Harding |
| Moses Harding/17:51,Feb 08, 2012 |
| On the other hand, if we track rupee fall from end of July 2011 (from 43.85) against USD Index movement, fair value for rupee seems to be around 47.50 with mean value at 49.50. |
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| Rupee nudges up |
| Capital Market/17:41,Feb 08, 2012 |
| Ends at 49.15/16 per dollar |
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| Rupee gains |
| Capital Market/11:24,Feb 08, 2012 |
| At 49.15/16 per dollar |
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Feb 07, 2012
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| Greece leaders bicker over bailout terms |
| India Infoline News Service/18:14,Feb 07, 2012 |
| The debt-ridden eurozone nation's leaders yesterday failed to adhere to Monday's timeline for accepting the terms set by international lenders for obtaining a second bailout package. |
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| Rupee ends weaker |
| Capital Market/17:19,Feb 07, 2012 |
| Ends at 49.19/20 per dollar |
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| Rupee inches up |
| Capital Market/11:06,Feb 07, 2012 |
| At 48.93/94 per dollar |
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Feb 06, 2012
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| RBI reiterates need for fiscal discipline to boost growth |
| India Infoline News Service/18:19,Feb 06, 2012 |
| India's fiscal deficit during April to December 2011 touched 92.3% of the Government's estimate for the full fiscal year, reinforcing growing fears that the March-end figure will be much higher than the annual projection. |
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| Rupee falls |
| Capital Market/17:59,Feb 06, 2012 |
| Ends at 49.05/06 per dollar |
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| Rupee steady |
| Capital Market/11:21,Feb 06, 2012 |
| At 48.69/70 per dollar |
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| Euro falls on Greece woes...Dollar index edges higher |
| India Infoline News Service/11:09,Feb 06, 2012 |
| The euro is down 4.7% over the past three months, the worst performance among the 10 developed-nation currencies. The yen has advanced 3.3% and the dollar has gained 1.1%. |
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Feb 03, 2012
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| Rupee at 3-month high...Up for 5th week in a row |
| India Infoline News Service/18:45,Feb 03, 2012 |
| At 3:54 pm (IST), the rupee was at 48.74 to the dollar after being as high as 48.6950 and as low as 49.1950. |
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