The Swing of Indian Rupees are Continuously Running

The swing of Indian rupee  are continuously running at Friday 14 Feb 2014  strengthened to its highest level, rising for a second straight week, tracking gains in the domestic share market and following a sharper-than-expected fall in wholesale price inflation.

On Monday India's finance minister will be presents the interim budget for the coming fiscal year. His more focus to divided more funds to voters and tax cuts to support industry while projecting a lower fiscal deficit before elections.

Data showing wholesale prices-based inflation eased to an eight-month low in January also lifted investors' sentiment, traders said.

1.On Thursday Rupee ends at 61.92/93 per dollar vs 62.42/43
2. Core inflation rises and WPL fall to low.
2.Awaited Interim budget on depend upon govt expenditure plans
3.BSE index gains 0.86 pct, NSE index up 0.79 pct
4.State Bank of India slumps on weak earnings
5.Investors to take cues from Union Budget on Monday

The benchmark BSE index closed up 0.86 percent at 20,366.82, while the broader NSE index ended higher 0.79 percent at 6,048.35.The BSE index fell 0.05 percent on a weekly basis, while the NSE lost 0.2 percent.

The unit closed at 62.42/43 on Thursday. On the week, the rupee rose 0.6 percent, its second straight weekly gain

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