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Rupee to strengthen as dollar seen weak after jobs data: Experts

Last Updated: Sunday, August 4, 2013, 16:52

Treasury officials of various banks see the rupee appreciating to the 60 levels this week. The rupee fell 67 paise on Friday to record closing low of 61.10 against the dollar.

Take urgent steps to contain CAD or risk further Re fall: RBI

Last Updated: Tuesday, July 30, 2013, 15:36

The CAD, which widened to an all-time high of 4.8 percent of GDP in FY13, has brought the external payments situation under increased stress.