News Headline Summary

Indian Repo Cutoff Yield (Dec 18) M/M 8.00% vs. Exp. 8.00% (Prev. 8.00%)

- Reverse Repo Rate (Dec 18) M/M 7.00% vs. Exp. 7.00% (Prev. 7.00%)
- Cash Reserve Ratio (Dec 18) M/M 4.25% vs. Exp. 4.00% (Prev. 4.25%)

Reaction details (23:33)

- USD/INR immediately moved higher by 10 pips from 54.71 to 54.81.

17 Dec 2012 - 23:30 - - Source: Newswires

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