Home

 
India Bullion iPhone Application
  Quick Links
Currency Futures Trading

MCX Strategy

Precious Metals Trading

IBCRR

Forex Brokers

Technicals

Precious Metals Trading

Economic Data

Commodity Futures Trading

Fixes

Live Forex Charts

Charts

World Gold Prices

Reports

Forex COMEX India

Contact Us

Chat

Bullion Trading Bullion Converter
 

$ Price :

 
 

Rupee :

 
 

Price in RS :

 
 
Specification
  More Links
Forex NCDEX India

Contracts

Live Gold Prices

Price Quotes

Gold Bullion Trading

Research

Forex MCX India

Partnerships

Gold Commodities

Holidays

Forex Currency Trading

Libor

Indian Currency

Advertisement

 
WSJ:Trader: RBI Selling Dollars 'Aggressively'
 
By CLARE CONNAGHAN

LONDON – The Reserve Bank of India was seen selling dollars "aggressively" Thursday to support the rupee, a person familiar with the situation said.

The Indian currency rose sharply in response to the suspected intervention, pushing the dollar down to 51.52 rupees from around 51.57 rupees.

The rupee was Asia's worst-performing currency in 2011, with the dollar surging to a record high of 54.295 rupees on Dec. 15.

The dollar was trading at 51.83 against the rupee late Wednesday in New York.
Source