Indian Capital Markets

Visit GalaTime

Readings: Importers forex bet, Mutual Fund assets & performance

Posted on October 02, 2007

Hindu Business Line: Importers betting on rupee gaining more. . . along with the importers, corporates with external commercial borrowings have also begun reversing their hedges on debt service payments.Bankers said that most importers/corporates have taken the position of a rupee appreciation in the coming weeks. This position was taken on the basis of the current trends in capital flows and expectations of a further reduction in U S interest rates when the Federal Reserve Bank s FOMC meets this month end.Again from HBL: It s flat Sept for asset management firmsAssets under management b...

Original article link


bse , india , nse , nse nifty , sensex