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USDINR closed at 60.68 against its open at 60.59.
The Sensex rose as much as 0.5 percent to a record high,Nifty is four points short of 8,100
India's balance of payments was in surplus for a third straight quarter boosted by strong Dollar inflows.
Current account deficit widened sharply from the previous quarter due to rising imports
Asian shares slipped as a U.S. holiday robbed markets of momentum, while the Euro hit a fresh one-year low on uncertainty over the European Central Bank's policy decision later this week.
Global Economy weakened on account of persistent geopolitical concerns and weak manufacturing surveys in Asia and Europe
The biggest shift in global monetary policy since 'Abenomics' went into full steam on the appointment of Haruhiko Kuroda to head up the BOJ
The Union government on Monday moved to mitigate the fallout on the energy sector of the 25 August Supreme Court verdict declaring illegal all coal block allocations from 1993 to 2010.
Asian shares slip as a U.S. holiday robbed markets of momentum, while the euro hit a fresh one-year low on uncertainty over the European Central Bank's policy decision later this week
Accommodative policies from global central banks have led to a surge of inflows into Emerging Markets.
The currency markets will also be keeping an eye on the Reserve Bank of Australia's policy review due later in the session, although little Australian Dollar reaction is expected since the chance of a rate change is just about zero.
CAD is still sharply narrower than a year earlier and traders say within sustainable limits.
Gold fell to its lowest level in nearly a week as a stronger Dollar outweighed any safe-haven demand from lower equities and heightened tensions over Ukraine.
The GDP figures and the current account numbers – have raised about the Indian economy, which grew below 5 percent for two consecutive fiscal years.
RBI rule handicaps India’s infrastructure hopes
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