MUMBAI, Feb 15 (Reuters) – The Indian rupee fell to its
lowest in nearly a month on Friday, hurt by weaker local shares
and a slump in the euro following weak economic growth data.

The weakness in the stock markets ahead of the budget has
raised concerns about future capital inflows, which has been
crucial to the rupee’s fortunes, making it one of Asia’s top
winners in 2013 so far.

MUMBAI (Reuters) – The rupee fell the most in over a month on Friday, extending its losses for a third session, as continued weakness in local shares and prospects of a worse-than-expected slowdown in the economy weighed down the currency.

Local stocks declined for a seventh successive session, its longest losing streak in over a year, raising concerns about the future of continued fund flows into now expensive equities.

MUMBAI, Feb 8 (Reuters) – The Indian rupee fell the most in
over a month on Friday, extending its losses for a third
session, as continued weakness in local shares and prospects of
a worse-than-expected slowdown in the economy weighed down the
currency.

Local stocks declined for a seventh successive session, its
longest losing streak in over a year, raising concerns about the
future of continued fund flows into now expensive equities.

MUMBAI (Reuters) – The rupee fell on Thursday after a government projection estimated economic growth in the fiscal year will be worse than expected, raising concerns about how it would fund its fiscal and current account deficits.

The government said the country’s slowest growth in a decade could be much worse than earlier projections. Preliminary data released on Thursday showed the economy set to have grown 5.0 percent in the fiscal year ending next month, underscoring the urgent need for reforms to boost growth.

MUMBAI, Feb 7 (Reuters) – The Indian rupee fell on Thursday
after a government projection estimated economic growth in the
fiscal year will be worse than expected, raising concerns about
how it would fund its fiscal and current account deficits.

The government said the country’s slowest growth in a decade
could be much worse than earlier projections. Preliminary data
released on Thursday showed the economy set to have grown 5.0
percent in the fiscal year ending next month, underscoring the
urgent need for reforms to boost growth.

MUMBAI (Reuters) – The rupee retreated from an over three-and-a-half month high to end marginally lower on Wednesday as continued weakness in local stocks and oil refiner demand to meet crude payments outweighed dollar inflows ahead of the government’s stake sale in a state-run utility.

Onshore dollar premiums rose to their highest in 14 years as foreign funds hedged their spot inflows in the forwards markets as the country gears up to raise around $2.25 billion in a share sale in NTPC Ltd (NTPC.NS: Quote, Profile, Research) on Thursday.

MUMBAI, Feb 6 (Reuters) – The Indian rupee retreated from an
over three-and-a-half month high to end marginally lower on
Wednesday as continued weakness in local stocks and oil refiner
demand to meet crude payments outweighed dollar inflows ahead of
the government’s stake sale in a state-run utility.

Onshore dollar premiums rose to their highest in 14 years as
foreign funds hedged their spot inflows in the forwards markets
as the country gears up to raise around $2.25 billion in a share
sale in NTPC Ltd on Thursday.

MUMBAI (Reuters) – The rupee fell on Monday, retreating from a three-and-a-half-month high touched earlier in the session, hit by a fall in domestic shares although inflows from an upcoming government stake sale could support the local currency this week.

The government is looking to raise about $2 billion through a stake sale, likely on Thursday, in state-run power producer NTPC Ltd (NTPC.NS: Quote, Profile, Research), with dealers expecting foreign fund inflows between $300 million and $500 million for the transaction.

MUMBAI, Feb 4 (Reuters) – The Indian rupee fell on Monday,
retreating from a three-and-a-half-month high touched earlier in
the session, hit by a fall in domestic shares although inflows
from an upcoming government stake sale could support the local
currency this week.

The government is looking to raise about $2 billion through
a stake sale, likely on Thursday, in state-run power producer
NTPC Ltd, with dealers expecting foreign fund inflows
between $300 million and $500 million for the transaction.

MUMBAI, Feb 1 (Reuters) – Indian government bond yields rose
to a near one-month high on Friday as the cash deficit in the
banking system seemed likely to prolong with the government
clamping down on spending in a month which will see sustained
debt sales.

The government, which already has held back on spending,
resulting in its cash balances with the central bank swelling,
will further cut expenses.