MUMBAI (Reuters) – The rupee recovered from a five-week low hit on Tuesday to end the session with mild gains on the back of a falling dollar, but the outlook for the local currency remains weak after the RBI kept interest rates unchanged.

The disappointment over the Reserve Bank of India (RBI) decision to keep the repo rate on hold at 8 percent was compounded after the central bank signalled no further policy easing would take place until the January-March quarter of next year.

MUMBAI, Oct 30 (Reuters) – The Indian rupee recovered from a
five-week low hit on Tuesday to end the session with mild gains
on the back of a falling dollar, but the outlook for the local
currency remains weak after the central bank kept interest rates
unchanged.

The disappointment over the Reserve Bank of India decision
to keep the repo rate on hold at 8 percent was compounded after
the central bank signalled no further policy easing would take
place until the January-March quarter of next year.

MUMBAI (Reuters) – The rupee rose on Tuesday, snapping a two-session losing streak as demand for global risk assets was bolstered by better-than-expected U.S. and German economic indicators, and talk Spain may soon ask for a bailout.

However, domestic factors capped broader gains, given concerns about whether the Reserve Bank of India will cut interest rates on October 30, thus potentially bolstering growth while increasing foreign investor inflows into Indian assets.

MUMBAI, Oct 17 (Reuters) – The Indian rupee rose on Tuesday,
snapping a two-session losing streak as demand for global risk
assets was bolstered by better-than-expected U.S. and German
economic indicators, and talk Spain may soon ask for a bailout.

However, domestic factors capped broader gains, given
concerns about whether the Reserve Bank of India will cut
interest rates on Oct. 30, thus potentially bolstering growth
while increasing foreign investor inflows into Indian assets.

MUMBAI (Reuters) – The rupee fell for a second successive session on Monday after inflation data was stronger than expected, pushing back hopes for a rate cut that investors had hoped would help boost growth and spark further foreign flows into equity markets.

The wholesale price index rose 7.8 percent in September from a year ago, data on Monday showed, marking a 10-month high and undermining the government’s push for the Reserve Bank of India to lower interest rates.

MUMBAI, Oct 15 (Reuters) – The Indian rupee fell for a
second successive session on Monday after inflation data was
stronger than expected, pushing back hopes for a rate cut that
investors had hoped would help boost growth and spark further
foreign flows into equity markets.

The wholesale price index rose 7.8 percent in September from
a year ago, data on Monday showed, marking a 10-month high and
undermining the government’s push for the Reserve Bank of India
to lower interest rates.

MUMBAI (Reuters) – The rupee fell to its lowest in two weeks on Wednesday, tracking gains in the global dollar and after rating agency Standard & Poor’s said downgrade risks remained even after the current spate of reforms.

The fall in the rupee, exacerbated by the S&P warning, again highlighted the local currency’s vulnerability to its twin deficits – the external account as well as the fiscal deficit.

MUMBAI, Oct 10 (Reuters) – The Indian rupee fell to its
lowest in two weeks on Wednesday, tracking gains in the global
dollar and after rating agency Standard & Poor’s said downgrade
risks remained even after the current spate of reforms.

The fall in the rupee, exacerbated by the S&P warning, again
highlighted the local currency’s vulnerability to its twin
deficits – the external account as well as the fiscal deficit.

MUMBAI (Reuters) – The rupee fell on Friday following large outflows from a private equity firm’s stake sale, climbing down after the government’s push for fiscal and economic reforms had sent the local currency to a six-month high earlier in the session.

The falls on Friday end a five-day winning streak, with analysts warning of some consolidation, especially with U.S. monthly jobs data due later in the day and in the run-up to the Reserve Bank of India’s policy review at the end of the month.

MUMBAI, Oct 5 (Reuters) – The Indian rupee fell on Friday
following large outflows from a private equity firm’s stake
sale, climbing down after the government’s push for fiscal and
economic reforms had sent the local currency to a six-month high
earlier in the session.

The falls on Friday end a five-day winning streak, with
analysts warning of some consolidation, especially with U.S.
monthly jobs data due later in the day and in the run-up to the
Reserve Bank of India’s policy review at the end of the month.