The rupee remained under pressure on the back of demand for the US dollar from importers. The partially convertible rupee was at 52.89, down 16 paise, against its previous close. It slipped to a low of Rs 53.02 per dollar earlier in the day.
On Wed, May 2, 2012 at 2:47 PM, shama parwana <[email protected]>wrote: > Printing of money in the west is leading to massive speculation in > commodities. > > > On Wed, May 2, 2012 at 2:39 PM, Anish Poojara <[email protected]>wrote: > >> If the Eurozone, the US zone, china, India etc are all slowing down and >> getting into depression then WHY ARE COMMODITIES PRICES GOING UP? Lead, >> Zinc, Nickel, Aluminium, Copper and Crude have all been inching up. >> anish poojara >> >> >> On Wed, May 2, 2012 at 2:35 PM, shama parwana < >> [email protected]> wrote: >> >>> >>> The fall in the markets could be attributed to the fall in the Euro-zone >>> PMI as manufacturing activity across the 17-nation euro zone shrank at a >>> faster pace than previously estimated in April, underlining fears of a >>> deepening recession for the region, according to the final April Market >>> purchasing managers’ index for the sector released Wednesday. The index >>> fell to 45.9 from a reading of 47.7 in March and was below an earlier >>> estimate of 46.0. A reading of less than 50 indicates a contraction in >>> activity, according to MarketWatch. >>> >>> >>> -- >>> Shamaparwana Bazaar >>> >> >> > > > -- > Shamaparwana Bazaar > -- CA. Rajesh Desai -- You received this message because you are subscribed to the Google Groups ""GLOBAL SPECULATORS"" group. To post to this group, send email to [email protected]. To unsubscribe from this group, send email to [email protected]. For more options, visit this group at http://groups.google.com/group/globalspeculators?hl=en.
