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Indian guru blames rupee symbol for currency woes
The rupee symbol, unveiled in 2010 during happier times for the Indian economy, is inspired by the letter "R" in the Roman alphabet and "Ra" from the ancient Devanagari script used in Hindi. "India managed to withstand a severe global slump in ...  
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Rupee to Help Bharat Heavy Beat Chinese Rivals: Corporate India
The Indian rupee’s tumble to a record low may help Bharat Heavy Electricals Ltd., the nation’s biggest power-equipment maker, regain market share from Chinese rivals as the weaker currency pushes up import costs for generators. The rupee has ...  
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Rupee recovers from record low; Sensex up
Mumbai, May 17 (IANS) On the back of a rebound in equity markets, the Indian rupee recovered by almost 30 paise Thursday from the previous day's record intra-day low of 54.52 against the dollar due to selling of the American currency by banks. The rupee ...  
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Rupee’s Likely Defender: Bond, India Bond
As the Indian rupee hovers near its lowest levels against the U.S. dollar, investors and analysts have been calling for a special bond sale to strengthen the currency. On Monday, the local currency was up from its nadir, trading at 55.36 rupees ...  
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Indian rupee gains for second day; RBI intervenes
MUMBAI May 25 (Reuters) - The Indian rupee headed for a second session of gains on Friday, continuing its recovery from the record lows hit this week, after the central bank stepped in to defend the currency, while exporters and custodian banks ...  
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Indian Rupee Hits Historic Low
The Indian rupee fell to a historic low of 56 to the dollar on Wednesday. Traders warned that the currency could slide even further after having already dropped more than 13 percent from its 2012 peak in February. Global risk aversion, brought on by the ...  
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Nepali rupee weakens further against dollar
The Indian currency also hit its all-time low of 55.47 against the ... announced on Monday measures to target arbitrage and speculation in futures and options markets, with traders saying this market segment was too small to have a big impact.  
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UPDATE 1-Indian rupee hits record low, central bank cautious
Currency traders say the slide in the rupee in recent sessions has been made easier by a cautious Reserve Bank of India, the central bank, which has refrained from heavy dollar selling. "If there is global risk aversion, how can the RBI defend the currency?  
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Indian Rupee's Free Fall Hurts Stock Investors
MUMBAI – India's currency continued a free fall Tuesday -- propelled to new lows over concerns about the country's economic outlook --, exacerbating losses for foreign investors in India's stock and bond markets. The Indian rupee hit a fresh ...  
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Euro area unemployments hits 10.9 percent, highest since currency launched in...
Investment EuropeEuro area unemployments hits 10.9 percent, highest since currency launched in 1999Washington PostBRUSSELS — Unemployment across the 17 countries that use the euro rose to 10.9 percent in March, its highest level since the euro was launched in 1999, official figures show. The rate was up from 10.8 percent in February and 9.9 percent a year ago, ...Eurozone unemployment reaches highest level in currency's historythejournal...  
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Australian currency slips as US manufacturing pace surprises traders
Globe and MailAustralian currency slips as US manufacturing pace surprises tradersThe AustralianCurrency markets were also adjusting to yesterday's surprisingly deep cut in interest rates by the Reserve Bank of Australia, and markets continued to price in further cuts through 2012. The RBA yesterday cut rates by 50 basis points, not the usual ...The OPP Currency Report with Moneycorp: 50 basis point cut for Aussie dollarOverseas Property...  
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Breaking Down the Currency Markets
Breaking Down the Currency MarketsForexrazorHigh-Risk Warning Forex, Futures, and Options trading has large potential rewards, but also large potential risks. The high degree of leverage can work against you as well as for you. You must be aware of the risks of investing in forex, futures, ...and more »  
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China central bank sets yuan at new high, but market unmoved
China Business WatchChina central bank sets yuan at new high, but market unmovedReutersBy Pete Sweeney | SHANGHAI (Reuters) - China's central bank set the yuan's midpoint at a historical high for a third consecutive trading day on Wednesday, but spot yuan prices stayed put, causing the currency to trade well below the fixing for the ...China Yuan Up Late On 3rd Straight Record FixingWall Street JournalChina Yuan Gains on Record Fixing Before...  
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Berko: Coins aren't worth a mint
MarketWatchBerko: Coins aren't worth a mintGoErie.comDear Mr. Berko: During the past 25 years, I purchased over $47000 in collectible silver coins and beautiful nonsilver coins from the Franklin Mint for my retirement because I thought the scarcity and limited edition minting of these coins would drive ...New Canadian coins rejected by machinesMarketWatchExperts say a transition to one-dollar coins would benefit state economyUI The Daily...  
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China Decades Away from a Reserve Currency
China Decades Away from a Reserve CurrencyWashington PostMay. 1, 2012 - Tim Adams, managing director at the Lindsey Group, talks about the outlook for the yuan and political tensions in China. He speaks with Scarlet Fu on Bloomberg Television's "InBusiness." (Source: Bloomberg) (/Bloomberg) Correction: ...and more »  
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