DOLLARS

  • Rupee gains for second day; election results cheer Yesterday

    Mumbai: The rupee gained for a second consecutive session on Monday after the BJP's success in two state elections and the government's removal of diesel subsidies and a hike in natural gas prices sparked hopes for additional reforms. The government lifted diesel price controls and raised the cost of natural gas...
  • Rupee falls 31 paise vs US dollar to one-week low of 61.41 1 week ago

    Mumbai: Tracking equity markets, the Indian rupee on Tuesday wiped out initial gains and ended 31 paise down at a one-week low of 61.41 against the greenback on fresh dollar demand from banks and importers. Persistent foreign capital outflows also affected the the rupee sentiment, forex dealers said. The rupee opened higher...
  • Rupee surges 25 paise vs US dollar to end at 61.10 October 13, 2014

    Mumbai: The rupee on Monday rose 25 paise to end at 61.10 against the greenback on fresh selling of dollars by exporters and banks, in line with other Asian currencies helped by upbeat trade data from China. The rupee resumed higher at 61.25 per dollar as against the last weekend's...
  • Rupee down 15 paise against dollar in early trade October 10, 2014

    Mumbai: The rupee fell by 15 paise to 61.20 against the dollar in early trade on Friday due to fresh demand for the US currency from banks and importers amid a weak opening in local equities. Dealers said besides increased demand for the American currency from importers, the dollar's strength against...
  • Rupee down 5 paise against dollar in early trade October 8, 2014

    Mumbai: The rupee weakened by five paise to 61.48 against the dollar in early trade on Wednesday at the Interbank Foreign Exchange due to increased demand for the US currency from importers. Forex dealers attributed the rupee's fall to increased demand for the US currency from importers and a lower opening...
  • Sensex closes flat; healthcare stocks plunge October 8, 2014

    Mumbai: A day after it fell around 300 points on negative global cues, a benchmark index of Indian equities markets provisionally closed on Wednesday's trade flat down 25.18 points or 0.10 per cent as healthcare, information technology (IT) and technology, entertainment and media (TECK) stocks fell. However, healthy buying was observed...
  • Flipkart sends apology mail to customers after its botched 'Big Billion Day Sale' October 7, 2014

    New Delhi: E-retailer Flipkart's "The Big Billion Day Sale" on Monday started with a roar and ended in a whimper. While many customers failed to log in, others could not book their desired products. A day later, Flipkart admitted that the company was not prepared for the mega rush for...
  • 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...
  • 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...
  • 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...
  • 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...
  • Rupee ends two paise higher at 60.93 vs US dollar September 11, 2014

    Mumbai Snapping a twoday declining trend, the rupee on Thursday managed to end two paise higher at 60.93 against the greenback after late dollar demand and negative cues from stocks washed out a major part of midsession gains. Dollar demand from importers and some banks on hopes of further rise in...
  • Rupee tumbles to biggest loss in a month, down 31 paisa vs US Dollar September 9, 2014

    Mumbai: Tumbling from sixweek highs, Indian rupee on Tuesday saw its biggest daily loss in over a month as it slumped 31 paise to end at 60.60 against dollar on concern US interest rates may rise sooner than investors had anticipated. Weakness in local equities and fresh dollar demand from...
  • Rupee at 2 week low of 60.68 on sustained dollar demand September 2, 2014

    Mumbai: The rupee hit twoweek closing low of 60.68 by losing 15 paise against the dollar on consistent demand for the US currency from importers and some banks on strong global cues, continuing its downward trend for the fourth straight session. The dollar gaining strength against its rivals mainly weighed...
  • Rupee up 3 paise against dollar in early trade September 1, 2014

    Mumbai: The rupee recovered by three paise to 60.47 against the US dollar in early trade on Monday on sustained foreign capital inflows amid the country's economic growth rate improving to twoandhalf year high of 5.7 per cent in the AprilJune quarter. Increased selling of dollars by banks and exporters amid...
  • Ecuador to launch the world's first governmentissued digital currency August 29, 2014

    Quito: Ecuador is planning to create the world's first governmentissued digital currency, which some analysts believe could be a first step toward abandoning the country's existing currency, the US dollar, which the government cannot control. The virtual currency, which Central Bank officials say they expect will start circulating in December, does...
  • London: Indian teachers asked to enter $1 million prize August 27, 2014

    London: A global education foundation has called upon Indian teachers to enter the USD 1 million Global Teacher Prize to be presented to an exceptional teacher who has made an outstanding contribution to the profession. Keralaborn entrepreneur Sunny Varkey, founder of the Dubaibased Varkey GEMS Foundation, launched the prize at the...
  • Rupee rises nine paise to 1week high of 61.08 vs US dollar August 14, 2014

    Mumbai: The Indian rupee on Thursday rose by nine paise to end at oneweek high of 61.08 against the greenback on fresh dollar selling by banks and exporters. The rupee resumed steady at 61.17 per dollar and hovered in a range of 61.07 and 61.22 per dollar before ending at 61.08...
  • Rupee down most in a week vs US dollar to end at 61.21 as inflation rises August 13, 2014

    Mumbai: The rupee on Wednesday fell 13 paise in its biggest drop in a week to end at 61.21 against the Greenback following fresh dollar demand from importers, amid uptick in retail inflation and slowing industrial production growth. However, better local equities and some capital inflows helped restrict the fall...
  • Rupee rises 9 paise to 1week high of 61.08 vs US dollar August 12, 2014

    Mumbai: The Indian rupee on Tuesday rose by nine paise to end at oneweek high of 61.08 against the greenback on fresh dollar selling by banks and exporters. The rupee resumed steady at 61.17 per dollar and hovered in a range of 61.07 and 61.22 per dollar before ending at...
  • Rupee up 13 paise against dollar in early trade August 11, 2014

    Mumbai: The rupee strengthened by 13 paise to 61.02 against the dollar in early trade at the Interbank Foreign Exchange market on Monday on increased selling of the American currency by exporters and banks. Besides, the dollar's weakness against other currencies overseas and a higher opening in the domestic equity market...
  • Gold gains Rs 110 on festive season demand, global cues August 6, 2014

    New Delhi: Gold prices jumped by Rs 110 to Rs 28,500 per 10 grams in the national capital on Wednesday on festive season demand and positive global cues. Besides, depreciating rupee which fell to almost fivemonth low of Rs 61.41 (intraday) against the US dollar, making imports costlier, influenced gold prices. However, silver...
  • Sensex up 185 pts as RBI gives more funds to banks for lending August 5, 2014

    Mumbai: The benchmark Sensex on Tuesday soared 185 points as ratesensitive auto, consumer durables and realty shares notched up handsome gains after RBI Governor Raghuram Rajan enabled banks to provide more credit even as he held interest rates for the third straight meeting. In highly volatile trade, the Sensex opened higher...
  • Rupee crashes 63 paise vs USD to end at over 4month low August 1, 2014

    Mumbai: Weakness in global stock markets and a strong US currency pulled down the rupee by a whopping 63 paise to end at over fourmonth low of 61.18, logging its worst weekly loss since January 24. Importers and some banks bought dollars and shortsellers covered their positions on hopes of further...
  • Rupee rises 7 paise Vs US dollar to end at over 2week high of 60.06 July 30, 2014

    Mumbai: In line with the recovery in local equities, the Indian rupee on Wednesday washed out early losses and closed up by seven paise at over twoweek high of 60.06 against the greenback. Fresh dollar selling by exporters too aided the rupee rise while a firm dollar overseas capped the...