Forex
US payrolls indicate an easing US economy
THE Federal Reserve Board Chairman, Mr. Alan Greenspan, seems to have achieved the impossible. Within a few weeks of the Fed giving the market what it was expecting, the global economic powerhouse (the US economy) has sent enough signals that it is slowi ng down.

RBI should provide a band for Re movement
BOTH the forex and the bond markets witnessed much volatility in the last fortnight. The rupee came under pressure on the back of some genuine importer and FII buying, which saw it hit a low of 44.70 against the dollar.

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