India rupee seen up on dollar's losses overseas
MUMBAI, June 24 (Reuters) - The Indian rupee could rise on Wednesday, tracking the dollar's fall against the euro ahead of the Federal Reserve's rate-setting meeting.
* The dollar hovered at its lowest levels for a week against the euro on Wednesday after tumbling sharply across the board as the market prepared for the Fed to dampen expectations for higher interest rates. [USD/]
* The Fed's two-day policy meeting ends on Wednesday, and it is widely expected to leave interest rates unchanged. [nFEDAHEAD]
* On Tuesday, the partially convertible rupee INR=IN ended at 48.53/55 per dollar after falling early to 48.90, its lowest since May 15, to be stronger than Monday's close of 48.62/63. (Reporting by Anurag Joshi)
© Thomson Reuters 2009 All rights reserved
UK joins G20 push for world levy on banks
Britain threw its weight behind proposals to impose a global levy on banks to fund future bailouts and called on the G20 to work toward a $100 billion deal to meet the cost of climate change. Full Article | Full Coverage
Galleon case
U.S. insider trading probe widens
Fourteen people were charged with fraud and conspiracy in a dramatic widening of an insider trading scandal. Full Article
India
US
UK
