CURRENCY

  • Rupee gains 9 paise against dollar in early trade 4 days ago

    Mumbai: The rupee strengthened by 9 paise to 61.60 against the US dollar in early trade, extending its rising streak for the fifth straight day at the Interbank Foreign Exchange on selling of the US currency by exporters and banks. The rupee settled two paise higher at 61.69 against the...
  • Rupee rises to over 1-month high, up 19 paise Vs US dollar at 61.87 January 16, 2015

    Mumbai: The Indian rupee on Friday appreciated for the second straight session and rose 19 paise to log its over one-month closing high of 61.87 against the Greenback following sustained dollar selling by exporters and capital inflows in local shares. However, a strong dollar overseas after Switzerland's unexpected move to lift...
  • Rupee snaps five-day uptrend vs US dollar January 14, 2015

    Mumbai: The Indian rupee on Wednesday snapped its five-day uptrend against the greenback, ending four paise lower at 62.18 on fresh dollar demand from banks and importers in view of fall in crude oil prices. The rupee resumed higher at 62.08 per dollar as against the last closing level of 62.14...
  • Rupee up 9 paise against dollar in early trade January 8, 2015

    Mumbai: The rupee strengthened by 9 paise to 63.08 against the dollar in early trade at the Interbank Foreign Exchange on increased selling of the US currency amid a higher opening in domestic equity market. Forex dealers said besides continued selling of the American currency by exporters and banks, a higher...
  • Rupee logs best gain in 3 weeks, up 40 paise vs US dollar January 7, 2015

    Mumbai: Bucking the weak trend in stocks, the Indian rupee on Wednesday bounced back by 40 paise in its sharpest single-day gain in three weeks to end at 63.17 against the Greenback on fresh dollar selling by exporters and some banks. Besides, talk of foreigners buying domestic debt also helped the...
  • Rupee falls 16 paise Vs US dollar to over one-week low on weak stocks January 6, 2015

    Mumbai: Tracking a steep fall in local share market, the Indian rupee on Tuesday washed out initial gains and ended with a loss of 16 paise at over-one week low of 63.57 against the Greenback. Besides, the euro sank against the dollar to the lowest level in nearly nine years...
  • Rupee drops to one-week low of 63.41 vs dollar, down 12 paise January 5, 2015

    Mumbai: The Indian rupee on Monday reacted downwards by 12 paise to log nearly one-week closing low of 63.41 against the Greenback on weakness in local equities amid fresh dollar demand from importers. A firm dollar overseas too weighed on the rupee even as participants took heart from renewed capital inflows...
  • Rupee loses 23 paise against dollar at 63.51 against dollar December 24, 2014

    Mumbai: Month-end dollar demand from oil companies and persisting selling by foreign funds in stocks dragged the rupee down by 23 paise to 63.51 at close against the US currency on Wednesday. At the Interbank Foreign Exchange (Forex) market, the rupee commenced lower at 63.43...
  • Rupee recovers after hitting over 10-month low, ends at 62.29 vs dollar December 12, 2014

    Mumbai: The Indian rupee on Friday fell to over ten-month low of 62.50 against the greenback but bounced back to end at 62.29 on selling of dollars by state-run banks on behalf of the RBI. The rise on Friday helped the rupee snap four days of decline where it cumulatively lost...
  • Rupee tumbles to 10-month low vs dollar, down 31 paise at 62.33 December 11, 2014

    Mumbai: The rupee on Thursday plummeted to 10-month low of 62.33 versus the greenback, down 31 paise, on strong dollar demand due to oil firms stepping up purchases of crude oil trading near 5-year lows and a weak trend in shares. Logging its fourth consecutive session of decline, the local currency...
  • Rupee falls to over 1-week low vs US dollar, down 14 paise at 62.02 December 10, 2014

    Mumbai: Falling for the third day, Indian rupee on Wednesday weakened by 14 paise to close at over one-week low of 62.02 against the Greenback on sustained dollar demand from importers and fresh capital outflows. Some hesitancy in local equities and a stable dollar overseas had no major impact on the...
  • Rupee down 7 paise against dollar in early trade December 9, 2014

    Mumbai: The rupee depreciated by another 7 paise to 61.90 against the US dollar in early trade on Tuesday at the Interbank Foreign Exchange on sustained demand for the American currency from banks and importers amid a weak opening in the equity market. Besides, widening current account deficit to $10.1 billion...
  • Rupee down 17 paise against dollar in early trade December 8, 2014

    Mumbai: The rupee weakened by 17 paise to 61.94 against the US dollar in early trade on Monday on fresh demand for the American currency from banks and importers. Gains in the US dollar against major global currencies after data last week showed a better-than-expected jump in US jobs creation put...
  • Rupee down 10 paise against dollar in early trade November 11, 2014

    Mumbai: The rupee weakened by 10 paise to 61.60 against the dollar in early trade on Tuesday at the Interbank Foreign Exchange due to increased demand for the US currency from importers. Forex dealers attributed the rupee's weakness to increased demand for the US currency from importers and its strength against...
  • Man charged with with passing counterfeit $20 bills at yard sale run by a bank teller, police say November 11, 2014

    Kittanning, Pa.: State police say a western Pennsylvania man has been charged with passing counterfeit $20 bills at a yard sale run by the wrong woman - a bank teller. Trooper Terry Geibel says the teller is trained to know the look and feel of real money. The (Kittanning) Leader-Times reports that...
  • Rupee gains 12 paise against dollar, ends at 61.50 November 10, 2014

    Mumbai: Snapping the three-day losing streak, the rupee on Monday gained 12 paise at 61.50 against the dollar on fresh selling of the US currency by banks and exporters on the back of strong capital inflows. A weak dollar in the overseas market also boosted...
  • Rupee depreciates four paise vs US dollar to end at 61.40 November 3, 2014

    Mumbai: The Indian rupee on Monday depreciated by four paise to close at 61.40 against the Greenback on moderate dollar demand from importers, amid some hesitancy in equities. A better dollar overseas also weighed on the rupee while sustained capital inflows restricted the rupee fall. At the Interbank Foreign Exchange (Forex)...
  • Rupee up 14 paise against dollar in early trade October 22, 2014

    Mumbai: Maintaining its rising trend for the fourth straight day, the rupee strengthened by another 14 paise to 61.17 against the US dollar in early trade on Wednesday on sustained foreign capital inflows amid government announcing key reforms in the oil and gas sector. In a much-awaited reform, the government recently...
  • Rupee gains 14 paise against dollar at 61.61 October 1, 2014

    Mumbai: Mumbai: Recovering from nearly seven-month low level, the rupee on Wednesday closed 14 paise higher at 61.61 against the US currency amid fresh dollar selling by exporters and some banks ahead of long weekend holidays. At the Interbank Foreign Exchange (Forex) market, the domestic unit commenced lower at 61.92 and...
  • Delhi: CBI arrests person with fake currency September 29, 2014

    New Delhi: CBI has arrested another fake currency racketeer for allegedly possessing fake currency notes having face value of Rs 4.98 lakh. "CBI intercepted one person at Malda Railway Station (West Bengal) and recovered FICNs having face value of Rs 4.98 lakh (approximately) from his possession," a CBI spokesperson said...
  • Rupee down 25 paise against dollar in early trade September 29, 2014

    Mumbai: The rupee depreciated by 25 paise to 61.40 against the US dollar in early trade on Monday at the Interbank Foreign Exchange due to month-end demand for the US currency from importers amid a weak opening in the domestic equity market. Forex dealers said besides the dollar's gains against other...
  • Rupee breaks 4-day losing trend; ends 19 paise higher Vs US dollar September 26, 2014

    Mumbai: Snapping four days of losing streak, the rupee today recovered by 19 paise to close at 61.15 against the dollar in tune with local equities. Forex dealers said late selling of US currency by exporters and some banks helped the domestic unit to rise. At the Interbank Foreign Exchange (Forex)...
  • Rupee down 5 paise against dollar in early trade September 25, 2014

    Mumbai: Extending its losing streak for the fourth straight day, the rupee weakened by five paise to 61.01 against the US dollar in early trade on Thursday at the Interbank Foreign Exchange market on high demand for the American currency from importers. Forex dealers said though increased demand for the US...
  • Rupee gains on foreign flows, but falls for the week September 19, 2014

    Mumbai: The rupee rose for a fourth consecutive session on Friday, boosted by strong foreign fund flows into markets, although the local currency fell against the dollar for the week, in line with losses in other emerging Asian currencies. Scotland's decision to stay in the United Kingdom also eased investor concerns...
  • Watch: Scotland's currency dilemma September 18, 2014

    The people of Scotland will vote on Thursday whether to seek independence from the United Kingdom. In the final few days of campaigning for Scottish independence, currency is one of the big campaign battlegrounds. CNN's Nina Dos Santos takes a look at why it is causing so many disagreements. ...
  • Rupee gains for 3rd day, rises 8 paise vs USD to end at 60.84 September 18, 2014

    Mumbai: Rebounding from onemonth lows, the Indian rupee on Thursday ended eight paise higher at 60.84 against the greenback following late dollar selling by exporters and a strong rally in local shares. A fall in dollar value abroad against major rivals also helped rupee recover from early losses as US Federal...
  • Rupee jumps 13 paisa vs dollar ahead of US Fed policy meet outcome September 17, 2014

    Mumbai: The Indian rupee appreciated for the second day in a row and ended 13 paise higher at 60.92 against the Greenback following sustained dollar selling by exporters ahead of a decision on US interest rates by Federal Reserve. A weak dollar overseas also aided the rupee rise while fresh selloff...
  • Rupee up 11 paise against dollar in early trade September 16, 2014

    Mumbai: The rupee recovered from over onemonth low by rising 11 paise to 61.02 against the dollar in early trade on Tuesday at the Interbank Foreign Exchange market on selling of the American currency by exporters and banks. Forex dealers said besides fresh selling of the American currency by exporters and...
  • Scottish independence: Currency one of the campaign battlegounds September 16, 2014

    In the final few days of campaigning for Scottish independence, currency is one of the big campaign battlegrounds. Scotland surrendered its coinage 307 years ago when it became a part of the United Kingdom. Now with the chance to reclaim its own sovereignty, there's one part of the UK proindependence...
  • Rupee tanks 48 paise to 1month low of 61.13 vs US dollar September 15, 2014

    Mumbai: The Indian rupee on Monday plunged 48 paise, logging its biggest fall in more than five weeks, to close at over onemonth low of 61.13 against the greenback following fresh dollar demand from importers and negative cues from local equities. A strong surge in dollar overseas also kept the rupee...