RUPEE

  • Rupee falls 10 paise against dollar in early trade on Friday Yesterday

    Mumbai: The rupee weakened by 10 paise to 61.85 against the US dollar in early trade at the Interbank Foreign Exchange due to rise in the Greenback's value against other currencies overseas. Forex dealers attributed the rupee's fall to month-end demand for the American currency from importers as well as the...
  • Rupee hits fresh 3-week high, gains 22 paise to end at 61.75 vs US dollar 2 days ago

    Mumbai: Bucking a weak trend in Indian stocks, the rupee on Thursday surged by 22 paise to close at a fresh three-week high of 61.75 against the US currency on persistent selling of dollars by banks and exporters. Debt-related inflows also continued to support the rupee which rose for the third...
  • Rupee surges 23 paise to 3-week high of 61.97 vs US dollar 4 days ago

    Mumbai: The rupee extended its gains against the American currency for the second consecutive day, surging 23 paise to end at nearly three-week high at 61.97 on Wednesday on Budget optimism and sustained dollar selling by banks. Good foreign capital inflows also helped the rupee maintain its gains at closing, forex...
  • Markets riding for a fall unless budget delivers 4 days ago

    Mumbai: Investors in India say the government's first full budget must find a way to boost capital spending while exercising fiscal restraint, or a subsequent sell-off in debt and equities could destabilise the rupee, risking a return to levels seen in 2013. Prime Minister Narendra Modi's election victory nine months ago...
  • Rupee bounces back by 11 paise against US dollar, ends at 62.20 5 days ago

    Mumbai: The rupee recouped by 11 paise to close at 62.20 against the US currency on fresh selling of the dollar by banks and exporters on hopes of more foreign capital inflows into equity market. The rupee resumed higher at 62.25 per dollar as against the last close of 62.31...
  • Sensex ends below 29,000, down 256 points; SBI, ONGC drop 2 per cent 6 days ago

    Mumbai: The market extended losses, falling 0.9 per cent on the first day of Budget week, dragged by banking & financials, FMCG and oil stocks. It was a second straight day loss for the market. The 30-share BSE Sensex broke 29000 level, down 256.30 points to 28975.11 while the 50-share...
  • Rupee gains 7 paise against dollar in early trade on Monday 6 days ago

    Mumbai: The rupee strengthened by seven paise to 62.15 against the US dollar in early trade today at the Interbank Foreign Exchange on increased selling of the American currency by exporters and banks. Forex dealers said besides selling of the US currency by exporters and banks, a higher opening in domestic...
  • Lapse by Finance Ministry: Rs 10 notes printed using defective security threads February 20, 2015

    In a huge embarrassment for the previous UPA regime, an internal enquiry report has revealed that during the printing of Indian currency, security features were compromised. The lapses were kept under wraps by senior officials working under the Ministry of Finance. The incident happened in 2012. ...
  • Rupee gains 12 paise against US dollar, closes at 62.22 February 20, 2015

    Mumbai: Bucking the weak trend in Indian shares, the rupee on Friday closed with a gain of 12 paise against the American currency at 62.22 on selling of dollars by banks and exporters. Forex traders said participants bet against the dollar ahead of talks between Greece and Eurozone on bailout...
  • Sensex snaps 7-day rally, down 231 points; BHEL jumps 5 per cent February 20, 2015

    Mumbai: The market lost ground on Friday, for the first time in last eight sessions, especially ahead of Union Budget week. Profit booking in banking & financials, technology and select oil stocks dragged the market. The 30-share BSE Sensex declined 230.86 points to 29231.41 and the 50-share NSE Nifty slipped...
  • Major lapses in currency printing kept under wraps, UPA government ignored national security February 19, 2015

    In a major security breach that could embarrass the previous Congress-United Progressive Alliance government, an internal enquiry report has revealed that certain security features were allegedly compromised during the printing of Indian currency, and the lapses were kept under wraps by senior officials working under Ministry of Finance. The incident...
  • Sensex gains for seventh straight session; metals, miners surge February 19, 2015

    Mumbai: The BSE Sensex gained for a seventh straight day on Thursday in a volatile session that saw metals and mining companies such as Hindalco Industries (HALC.NS) and Jindal Steel and Power (JNSP.NS) surging after the successful completion of the country's first auction to sell mines. The auction follows a court...
  • Rupee snaps two-session uptrend vs US dollar, down 18 paise February 18, 2015

    Mumbai: The Indian rupee snapped its two-session uptrend against the American currency on Wednesday, falling 18 paise to close at 62.34 on fresh dollar demand from banks and importers. The dollar was trading up in global markets on caution ahead of the US Federal Reserve's January policy meeting minutes release. The rupee...
  • Sensex up 184 points, capital goods surge February 18, 2015

    Mumbai: A benchmark index of the Indian equities markets, the 30-scrip Sensitive Index (Sensex), closed on Wednesday's trade 184 points or 0.63 per cent up as capital goods stocks surged. The wider 50-scrip Nifty of the National Stock Exchange (NSE) also closed the day's trade with healthy gains. It ended on...
  • Rupee ends higher for the 2nd consecutive day vs US dolla, up 3 paise February 16, 2015

    Mumbai: The rupee on Monday ended higher for the second consecutive day, moving up by another 3 paise to close at 62.16 against the dollar on continued selling of the US currency by banks and exporters. The rupee resumed higher at 62.15 per dollar as...
  • RBI to soon put one rupee notes in circulation again February 14, 2015

    Mumbai: After a gap of about two decades, the RBI will again put in circulation rupee one notes soon. Printing of one rupee note was discontinued about 20 years ago. "These currency notes are legal tender as provided in the Coinage Act 2011. The existing currency notes in this denomination...
  • Rupee gains 26 paise against dollar in early trade February 13, 2015

    Mumbai: The rupee strengthened by 26 paise to 62.05 against the dollar in early trade on Friday at the Interbank Foreign Exchange on fresh selling of the US currency by exporters and banks. Forex dealers said besides selling of the American currency by exporters and banks, a higher opening in domestic...
  • Rupee down 17 paise against dollar in early trade February 12, 2015

    Mumbai: Extending losses for the fourth straight session, the rupee fell by 17 paise to 62.42 against the dollar in early trade on Thursday at the Interbank Foreign Exchange market as the American currency strengthened overseas amid persistent foreign capital outflows. Forex dealers said besides the dollar's gain against other currencies...
  • Sensex surges 178 points, Nifty regains 8600-mark on reform hopes February 11, 2015

    Mumbai: Stock markets on Wednesday rose for the second straight day with the benchmark Sensex rising 178.35 points to end at 28,533.97 and the Nifty index reclaiming the 8,600-mark powered by a rebound in bluechips amid hopes of faster reforms and optimism over the upcoming Budget. After surging to 28,618.91 points...
  • Rupee down for the 3rd day vs dollar, ends at fresh 1-month low February 11, 2015

    Mumbai: The Indian rupee fell for the third consecutive session on Wednesday against the American currency, slipping by six paise to close at fresh one-month low of 62.25 on persistent dollar demand from banks and importers. Talk of persistent foreign capital outflows also affected the market sentiment, said brokers, adding...
  • Rupee falls to over one-month low of 62.19 agaist US dollar February 10, 2015

    Mumbai: The Indian rupee on Tuesday washed out its initial gains against the American currency and ended two paise down at over one-month low of 62.19 on late dollar demand from banks and importers. The Indian currency resumed higher at 62.15 as against Monday's close of 62.17 at the Interbank...
  • Rupee ends at nearly 4-week low of 62.17 vs dollar February 9, 2015

    Mumbai: Snapping its two-day gains, the rupee on Monday declined by 48 paise to settle at nearly four-week low of 62.17 against the US currency due to capital outflows and fresh dollar demand from banks and importers. Persistent fall in equity markets and a strong dollar...
  • Rupee ends higher by another 4 paise vs dollar February 6, 2015

    Mumbai: The rupee firmed up further by 4 paise to close at 61.69 against the American currency on sustained selling of dollars by banks and exporters. The rupee resumed higher at 61.70 at the Interbank Foreign Exchange (Forex) and firmed up further to 61.67 on initial...
  • Sensex falls for 5th day, ends at two-week low on late selling February 5, 2015

    Mumbai: Falling for the fifth straight day, the benchmark Sensex on Thursday reversed gains in the last ninety minutes and ended 32.14 points lower at 28,850.97, its weakest level in over two weeks, on sharp selling in power, realty and consumer durable shares amid weak global cues. After opening in the...
  • Rupee washes out initial losses vs US dollar, edges up two paise February 5, 2015

    Mumbai: The Indian rupee on Thursday washed out initial losses against the greenback to edge up by two paise at 61.73 on fag-end selling of dollars by banks and exporters. The rupee resumed lower at 61.87 per dollar as against the Wednesday's closing level of 61.75 per dollar at the Interbank...
  • Sensex down 117 points; tanks nearly 800 points in 4 days February 4, 2015

    Mumbai: Extending losses for the fourth straight day, benchmark BSE Sensex on Wednesday dropped 117 points to close below 29,000-level at 28,883.11 due to profit-booking, particularly in capital goods and banking shares. In highly volatile trade in the absence of any major cues, metal, realty and healthcare stocks, however, recorded...
  • Rupee snaps 2-day gains against US dollar, down 8 paise February 4, 2015

    Mumbai: Snapping its two-day gaining streak, the rupee closed down by 8 paise at 61.75 per dollar on fresh demand for the US currency from banks amid fall in stock markets. A strong dollar in overseas markets also affected the rupee value against the dollar, a forex dealer said. The rupee...
  • Rupee gains 13 paise to end at nearly 1-week high vs US dollar February 3, 2015

    Mumbai: Bucking the weak trend in stocks, Indian rupee on Tuesday strengthened 13 paise to end at nearly one-week high of 61.67 against the greenback on persistent selling of dollars by banks and exporters on a day the RBI kept interest rates unchanged. The rupee opened higher at 61.65 per...
  • Rupee down 9 paise against dollar in early trade February 2, 2015

    Mumbai: The rupee weakened by nine paise to 61.95 against the dollar in early trade on Monday at the Interbank Foreign Exchange due to high demand for the US currency from importers. Dealers attributed the domestic currency's fall to increased demand for the American currency from importers and a lower opening...
  • Rupee recovers 12 paise against dollar in early trade January 30, 2015

    Mumbai: The rupee recovered by 12 paise to 61.74 against the US dollar in early trade on Friday at the Interbank Foreign Exchange on fresh selling of the American currency by exporters. Forex dealers said the dollar's weakness against other currencies overseas and a higher opening in the domestic equity market...