Exotics
South African rand, stocks steady in thin trade
…shares as they caught up with recent gains in gold prices. The rand was trapped in a narrow 6.89-95 range for much of the session and traded at 6.9416 by 1602 GMT, just 0.02 percent softer than Friday’s close at 6.94. “It’s been a dead quiet day; no…
EMERGING MARKETS-Brazil’s real firms; Peru sol, Chile peso slip
…tightened ahead of the June 5 presidential election. Chile’s peso CLP= weakened 0.15 percent to 467.40 to the dollar, on track for its first slide in six days. Mexico’s peso MXN= MXN=D2 was little changed from Friday, weakening 0.02 percent to 11….
Rupee gains 8 paise against dollar
… Dealers said that sustained sale of dollars by some banks and exporters due to weakness in the American unit overseas supported the rupee gain. Moreover, expectations of the US dollar’s further fall on the back of last week’s weak US economic da…
Rupee off 1-wk high on choppy shares, but dlr inflows aid
…cues emerging from the policy stance of the ECB (European Central Bank) and the Fed (U.S. Federal Reserve) amid developments in the euro sovereign space,” said YES Bank in a research note written last week. “We expect USDINR to trade in the range 4…
Rupee closes at Rs45.08 per US dollar
The US dollar eased further against the rupee at Rs45.08/09 per dollar and the Pound sterling also improved to Rs74.23/25 per pound at the close of the Interbank Foreign Exchange Market (Forex) here today.
Pakistani stocks end lower; rupee weakens; o/n rates flat
…Salman , volume leader, ended 42.02 percent higher at 3.38 rupees, while Dewan Cement rose 59.88 percent to end at 2.59 rupees. In the currency market, the rupee eased 85.80/85 to the dollar from 85.65/75 on Friday, amid slightly higher dollar dem…
