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Our greatest glory is not in never falling, but in rising every time we fall. - Confucius -

  • LOLC Securities – Venture into success
  • LOLC Securities – Venture into success
  • LOLC Securities – Venture into success
  • LOLC Securities – Venture into success
  • LOLC Securities – Venture into success

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2019/08/27

Rupee end tad firmer, CSE down as Central Bank’s surprise rate cut weigh


The rupee ended a tad firmer yesterday, ending a five session losing streak, but worries over further foreign outflows after the Central Bank cut key monetary policy rates weighed on sentiment while stocks closed weaker for the fourth straight session. Foreign investors sold net Rs. 12.9 billion worth of government securities in the week ended 21 August, the worst weekly outflow in eight months, and the year-to-date net foreign outflow was at Rs. 40.9 billion, Central Bank data shows. –  Daily Ft

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