LOW MARGINS

  • Rupee off early high as stocks falter December 3, 2008

    Mumbai: The rupee strengthened past 50 per dollar in early trade on Wednesday on hopes of some foreign inflows into the local share market, but then eased as stocks failed to follow overseas leads. At 10:15 am, the partially convertible rupee was at 49.98/50.00 per dollar, off an early high...
  • Rising rupee hurting commodity exports May 17, 2007

    New Delhi: Indian exporters of major farm commodities, including rice, soymeal, sugar and cotton, are being hit by a rising rupee, and traders urged the government to intervene to protect their margins. The rupee has gained more than 8 per cent this year, powered by strong capital inflows into the...