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:

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

Print 05:32, 18 Dec 2012 - Asian News - Source: Newswires