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USD, Euro, Yen costlier; Pound flat

Mumbai, Mar 14 (UNI) Following are the indicative currency notes and travellers' cheques buying and selling rates per unit as supplied by Thomas Cook India here today.

(Figures in Rupees) Currencies Buy Sell US dollar 42.20 46.25 Sterling pound 81.65 88.90 Euro 55.45 60.85 Australian dollar 33.35 35.80 Bahrain dinar 110.95 123.30 Canadian dollar 35.40 38.95 Danish kroner 7.25 8.25 Egyptian pound 6.00 8.25 Hongkong dollar 5.30 6.10 Japanese yen/100 36.05 39.10 Jordan dinar 56.20 63.85 Kuwait dinar 140.10 159.15 Malaysian ringgit 11.45 13.60 New Zealand dollar 28.25 31.90 Norwegian kroner 6.65 7.55 Omani rial 108.60 120.85 Qatar rial 11.50 12.75 Saudi rial 11.15 12.40 Singapore dollar 26.75 30.90 South african rand 5.30 6.15 Swedish kroner 5.85 6.60 Swiss francs 34.50 38.15 Syrian pound 0.45 0.85 Thai baht/100 117.35 135.10 UAE dirham 11.45 12.65 Chinese yuan 4.60 5.95 UNI NV PM SKB1229

RBI to take all measures possible to tame inflation

Mumbai, Mar 14 (UNI) Rakesh Mohan, Deputy Governor, Reserve Bank of India (RBI) today said that the RBI would take all possible monetary measures to keep inflation under control. Addressing an investors' seminar here, he said that maintenance of macroeconomic stability and financial stability was important for the Central Bank. Agreeing to the fact that the flow of capital has increased tremendously due to the massive economic growth the country had witnessed in recent past, he outlined the need for.....

Copper eases on sluggish demand by stockists

Mumbai, Mar 14 (UNI) Copper eased on sluggish demand by stockists, even as the London Metal Exchange remained steady, traders at the Bombay Metal Exchange said today. In ferrous segment, copper heavy and copper utensils declined by Rs 200 and Rs 100 per quintal due to thin buying support. Brass cuttings hiked by Rs 100 on increased of fresh demand. In non-ferrous category, aluminium ingot and zinc slab fell by Rs 100 each on poor demand, while copper wire bar slashed.....

Spice Telecom to dilute 20 pc via IPO in April-June

New Delhi, Mar 14 (UNI) Spice Telecom, a regional mobile operator, will offload 20 per cent equity through an initial public offer in second quarter of the current calendar year. ''We will dilute 20 per cent equity via the offer. The IPO will hit the market somewhere in between April-June this year,'' Hot Spot Vice-Chairman Dilip Modi told reporters on the sidelines of a press conference here today. Mr Modi added the company will dilute 20 per cent equity into the.....
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