• The Indian rupee fell to a record low against the dollar and currently trading at 54.91/92 level

• The Indian rupee opens the day weaker at 54.60/61 level compared to its previous close at 54.47/48 level

Western Equities Slump, Precious Metals Rally

• Fri, 18 May 2012 08:27:54 GMT

Gold Rebounded, Awaiting European and Fed Actions

• Fri, 18 May 2012 08:18:40 GMT

• While the market has not recovered from the disappointing US job data

• Financial markets firmed in Asia amid expectations that the RBA would cut interest rates

• Indian consumer price inflation accelerated in April to 10.36 percent

• RBI said that the conversion of exchange earner's foreign currency account

Moody's downgrades Spanish banks

• Thu, 17 May 2012 22:12:10 GMT

European shares knocked by Spain

• Fri, 18 May 2012 08:39:45 GMT

China property prices fall again

• Fri, 18 May 2012 07:19:33 GMT

Spain's cost of borrowing jumps

• Thu, 17 May 2012 10:16:17 GMT