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Pound, euro, yen down; USD flat

Mumbai, May 22 (UNI) Following are the indicative currency notes and travellers' cheques buying and selling rates per unit as supplied by Thomas Cook India Ltd here today: (figure in rupees) Currencies Buy Sell US dollar 43.90 47.20 Sterling pound 82.40 87.95 Euro 55.70 59.80 Australian dollar 33.15 35.55 Bahrain dinar 114.15 126.90 Canadian dollar 38.15 41.90 Danish kroner 7.20 8.215 Egyptian pound 6.15 8.50 Hongkong dollar 5.45 6.25 Japanese yen/100 38.50 41.70 Jordan dinar 57.80 65.70 Kuwait dinar 144.15 163.65 Malaysian ringgit 11.40 13.55 New Zealand dollar 26.25 29.65 Norwegian kroner 6.90 7.80 Omani rial 111.70 124.30 Qatar rial 11.80 13.15 Saudi rial 11.50 12.75 Singapore dollar 26.50 30.65 South African rand 6.30 7.30 Swedish kroner 5.75 6.50 Swiss francs 35.40 39.20 Syrian pound 0.50 0.90 Thai baht/ 100 110.60 127.35 UAE dirham 11.75 13.00 Chinese Yuan 4.75 6.15 UNI VD SSS AW1305

India should tap USD 75 billion new molecule market: Experts

Panaji, May 22: With skills in biotechnology and low cost human resources in drug manufacturing, India should explore the USD 75 billion offshore market potential in innovator life science molecules through global partnerships in different pharmaceutical applications, business experts are of the view. Participating in the two-day global partnership summit in South Goa today to evolve growth strategies for Indian companies, for exploring multi-million USD market in new drug discovery, experts said the key challenges included availability of sufficient talent to.....

ED to submit third report to Pathak Committee

New Delhi, May 22: The Enforcement Directorate (ED) will submit its third report to the Justice Pathak Committee which is probing the Iraq oil-for-food scam, in the next few days, Finance Minister P Chidambaram announced in the Rajya Sabha today.The Minister also said that the Committee had assured that it would not seek a further extension beyond three months. Replying to the charges levelled by Mr Amar Singh (Samajwadi Party) during zero hour that the panel had been.....

Rupee falls to 45.75/78 USD as equity markets crash

Mumbai, May 22: The rupee fell sharply by 20 paise at 45.75/78 per US dollar as compared to the last close of 45.55/57 due to 1,100 points fall in the sensitive index (Sensex) of the Bombay Stock Exchange (BSE), a forex dealer here said.The Indian currency earlier opened six paise weaker at 45.6150/6400 per USD in the morning.Stock market's benchmark index BSE Sensex fell below 10,000 mark falling by 1,100 points this morning leading to slide in the.....
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