Allied Properties (HKG:56)

QUOTE AND NEWS
The Hindu Business Line  May 23  Comment 
With rupee breaching 56 level against the dollar, the Chief Economic Advisor, Dr Kaushik Basu, today said the exchange rate problem is “bit of a bubble” and has nothing to do with domestic policie...
The Hindu Business Line  May 23  Comment 
On the day the rupee crashed below the psychological level of Rs 56 against the dollar, the Finance Minister, Mr Pranab Mukherjee, said the Indian economy was resilient enough to overcome challeng...
The Hindu Business Line  May 23  Comment 
The rupee appears to be fast hurtling towards the 58 to the dollar mark. It closed at a record low of 56 to the dollar on Wednesday, against the previous close of 55.39. In intraday trade, the rup...
Reuters  May 23  Comment 
The rupee slumped to another record low against the dollar on Wednesday, ratcheting up pressure on policymakers to restore confidence in the currency at a time when appetite for risky assets is ebbing around the world.
Commodity Online  May 23  Comment 
Indian bourses opened gap down amid weak global cues. Indices extended losses led by Auto, Capital Goods and Metal stocks. Rupee breached key psychological support of 56 against U S dollar which put pressure on indices.
The Economic Times  May 22  Comment 
In an interview with ET Now, Chin Loo of BNP Paribas says measures to control the rupee's fall may not be successful until the root causes of the weakness are addressed.
The Economic Times  May 21  Comment 
In an interview with ET Now, Jayesh Mehta, Country Treasurer, BoA Merrill Lynch, speaks about the rupee. Excerpts:
Sydney Morning Herald  May 21  Comment 
A doctor is facing a committal hearing after he allegedly infected 56 women with hepatitis C at a Melbourne abortion clinic.
Commodity Online  May 21  Comment 
On the back on higher income received by the farmers, India's pulses sowing for 2012-13 reached 13.71 lakh hectare, up 3.56 lakh hectare from last years 10.15 lakh hectare so far with Orissa surpassing target, according to Ministry of Agriculture.
Reuters  May 18  Comment 
Reuters Market Eye - Barclays Capital expects spot rupee to hit 56 in one month and then subsequently rise only to 54 within three months; the USD/INR is currently at 54.85.





 


References

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