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MARKET WRAP: Sensex ends 356 pts lower on RBI rate hike, trade war fears

Just keep the original documents handy while collecting your Forex. Also can be used for E Commerce transactions. The hike in MSP will have a low inflation impact as the minimum support prices are less than the market price for several kharif crops. Second, the overall performance of the monsoon so far augurs well for food inflation in the medium-term. With the free home delivery of forex, you can save precious time before you fly.

Aug 01,  · Overall inflation rate rose from % to % between May and June, while retail inflation edged up to 5% — significantly higher than the bank's 4% target. The country relies on energy imports, and while oil prices have fallen in recent weeks, the rupee recently hit an all-time low against the US dollar.

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Rupee not to go in for free-fall as RBI raising interest rate to avoid inflation, says former central bank governor Raghuram Rajan.

Rupee breaches Rs mark for the first time: Currency's unabated fall continues for seventh straight session. SC judgment will help to change mindset of law enforcement machinery, says Nambi Narayanan. Donald Trump campaign chief Paul Manafort expected to plead guilty in deal with special counsel Robert Mueller.

SBI denies laxity on its part in dealing with Vijay Mallya case, says taking proactive measures to recover defaulted amount. India Women beat Sri Lanka Women by 7 runs. India Women beat Sri Lanka Women by 9 wickets. England beat India by runs. Latest News Business News. Rupee may decline further against US dollar, prompting RBI to hike interest rate to check fall of local currency: Also See Rupee falls for sixth day in a row to new closing low of At 24, Varun's start-up was worth a million dollars.

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2 days ago · The Government and the RBI will do everything to ensure that the rupee does not depreciate to “unreasonable levels”, the Finance Ministry has said as the currency slid to a lifetime low of 3 days ago · Currency among worst performers in emerging markets ; widening current account deficit weighs, more rate hikes may be on the cards The rupee breached a dollar on Monday and touched all-time. RBI Forex Reference Rates – 30Apr Posted on April 30, by admin Leave a comment. As on Apr Underlying: RBI Reference Rate.