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  • Cash reserve ratio, Lack of efficiency, dollar gains momentum against rupee usd rs 52 85, Overnight indexed swap

    Dollar gains momentum against rupee, USD= Rs.52.85 2011-12-13 09:56:35

    The US dollar gained momentum and gained over its Indian counterpart and an average importer has to now pay roughly 53 rupees to procure a dollar. The surging dollar rate would be the biggest worry for the Reserve Bank of...

    Keywords: Lack of efficiency, overnight indexed swap, balance of trade, market outlook

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