Crude Oil , Currencies Follow Chart

Gold Silver Reports → While Asia imports the bulk of the crudeoil it uses, cheaper crude does little to boost the region’s currencies. Crude Oil rates partly reflect the report for global~growth, which also impacts prospects for Asia’s exports or demand for emerging-market assets. Which tracks the region’s 10 most~used …

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Rupee Depreciation Needed

Rupee Depreciation Needed

Gold Silver Reports – Indian central bank Governor Raghuram-Rajan said that a certain amount of depreciation in the rupee is necessary as he works toward bringing down inflation.

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Sold Dollars to Stem Rupee Slip

Sold Dollars to Stem Rupee SlipGold Silver Reports ~ India’s state-owned banks likely sold dollars on behalf of the Reserve Bank of India to prevent the local currency from weakening further, three FX traders told Reuters on Monday.

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Rupee Bonds Cheaper Than Loans

Rupee Bonds Cheaper Than LoansGold Silver Reports >>> Rupee bond issuance will probably rise to a record this year as notes offer companies savings of as much as 1 percentage point over loans.

Offerings will range between 4 trillion rupees ($60 billion) and 4.5 trillion rupees in 2016, according to nine of 20 bankers surveyed by Bloomberg. Six respondents predicted even higher sales and five forecast lower. ONGC Mangalore Petrochemicals Ltd., a project by India’s biggest energy explorer, is planning a debut sale, while mortgage lender Housing Development Finance Corp. is looking to raise at least 5 billion rupees.

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