Rupee lower ahead of key WPI data

Tags: Rupee, News
The rupee is trading lower at 62.18/19 versus Friday's close of 62.125/135. Dealers are

RELATED ARTICLES

awaiting wholesale price-based inflation data due for release at 11.30 am for cementing views on the likely outcome of the Reserve Bank of India's monetary policy review on Wednesday.

Fed taper fears also weighing on INR with outcome due on Wednesday after RBI meet.

Last week, retail inflation spiked to its highest on record, raising expectations of another rate hike by the central bank and adding to the woes of the embattled government.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • 49 per cent FDI in defence should pave the way for modernisation

    There is one industrial sector in India that has been kept out of the purview of the normal cycle of investment and production — defence.

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Tushar Gandhi

Welfare must be humanitarian not political

We are a very political people. We politicise and corrupt ...

Purnendu Ghosh

How to distinguish a need from a want?

The day when the annual budget is announced is one ...

Shona Adhikari

Decades apart, yet a common ground in fine art

Today’s column is about two artists born many decades apart, ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture