THE HINDU BUSINESS LINE
Financial Daily
from THE HINDU group of publications
Wednesday, August 02, 2000
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Money

Forex
Volatile Re impacts securities, call steady
Rupee volatility had its impact in the money market on Tuesday with securities prices falling by around 15 to 20 paise across maturities.

RBI's balancing act has to continue
WPI inflation seems to have stubbornly settled at the level of 6 per cent in the past months. True, it is being argued that, ex-energy, the picture is far less alarming. Nevertheless, the downside risk on the price front remains significant.

Arbitrage equation does not support Re
CHENNAI: At 8 per cent and thereabouts, the overnight call money rates do not seem capable of providing succour to the rupee in the inter-bank market.

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