RUPEE

  • Rupee snaps 4-day fall, ends at 61.36 vs US dollar on strong stocks 13 hours 54 minutes ago

    Mumbai: Robust capital inflows and good show by local equities helped the Indian rupee today snap a four-day losing trend and end nine paise higher at 61.36 against the Greenback. Fresh dollar selling by exporters and some banks also aided the rupee rise while a strong dollar overseas after forecast-beating US...
  • Rupee drops to 2-week low vs US dollar after Fed sticks to low rates Yesterday

    Mumbai: Moving in opposite direction to stocks, the rupee on Thursday fell for the fourth day, dipping 10 paise to close at two-week low of 61.45 against the Greenback after US Federal Reserve kept in place its plans to maintain record low interest rate for some more time. While the Fed's...
  • Rupee up 7 paise against dollar in early trade 2 days ago

    Mumbai: The rupee strengthened by seven paise to 61.25 against the dollar in early trade on at the Interbank Foreign Exchange on increased selling of the US currency by exporters and banks. Besides, the dollar's weakness against other currencies overseas as investors await news from the US Federal Reserve about interest...
  • Rupee slips 2 paise Vs dollar, ends at 61.32 in dull trade 3 days ago

    Mumbai: The rupee on Tuesday slipped further by two paise to close at 61.32 against the US dollar due to some demand for the American unit in a lacklustre trade. There was some dollar demand from importers, mainly oil refiners, as brent crude for December delivery was trading low near USD...
  • Sensex rebounds 128 points to over one month high closes at 3 days ago

    Mumbai: The benchmark Sensex on Tuesday rebounded about 128 points to end at over one-month high and Nifty reclaimed the 8,000-mark on the back of good corporate earnings and rising hopes of a cut in interest rates. Pharma, banking and power shares led the rise, amid positive cues from global markets...
  • Rupee up 8 paise against dollar in early trade 4 days ago

    Mumbai: Maintaining its gaining streak for the fifth straight day, the rupee appreciated by eight paise to 61.19 against the US dollar in early trade at the Interbank Foreign Exchange on Monday on increased capital inflows amidst selling of the American currency by exporters. Besides, strengthening of the euro against the...
  • 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 5 paise vs dollar, ends at over 1-week high of 61.31 October 21, 2014

    Mumbai: The Indian rupee gained for the third session on Tuesday, surging by another five paise against US dollar to end at over one-week high of 61.31 on sustained selling of the greenback by banks and exporters in view of strong equity market and capital inflows. The domestic unit resumed...
  • Rupee gains for second day; election results cheer October 20, 2014

    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 snaps two-day fall, rebounds 39 paise Vs US dollar to end at 61.44 October 17, 2014

    Mumbai: Tracking a recovery in local shares, the Indian rupee on Friday snapped a two-day declining trend and bounced back by 39 paise to end at 61.44 against the Greenback on fresh dollar selling by exporters and some banks. At the Interbank Foreign Exchange (Forex) market, the domestic unit commenced higher...
  • Rupee tumbles to over 7-month low, down 42 paise vs US dollar October 16, 2014

    Mumbai: Indian rupee on Thursday plummeted to 61.93 and closed 42 paise down at over seven-month low of 61.83 against the greenback on heavy capital outflows and a spike in demand for US dollars. The dollar index was up by a whopping 0.45 per cent against basket of six major...
  • Rupee falls 31 paise vs US dollar to one-week low of 61.41 October 14, 2014

    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...
  • Photocopies, food, condoms, and a cleaner city: 19 important things you can buy for just 1 rupee in India October 13, 2014

    What can 1 rupee buy you in India? The question isn't rhetoric, there are actually things you can buy for just a rupee! You may not be able to buy lavish things, but the stuff you can grab in 1 rupee is not any less significant.You can keep your city...
  • 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 jumps 31 paise against dollar in early trade October 9, 2014

    Mumbai: Extending its rising streak for the fourth straight day, the rupee surged by 31 paise to trade at two-week high of 61.09 against the dollar in early trade on Thursday at the Interbank Foreign Exchange on sustained selling of the US currency by exporters and banks. Forex dealers said besides...
  • 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...
  • Rupee gains 22 paise against dollar in early trade October 7, 2014

    Mumbai:After a long weekend, the rupee strengthened by 22 paise to 61.39 against the dollar in early trade at the Interbank Foreign Exchange on Tuesday on increased selling of the US currency by exporters and banks. Forex dealers said besides increased selling of the American currency by exporters and banks, the...
  • 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 loses 22 paise to end at 7 month low of 61.75 against dollar September 30, 2014

    Mumbai: The rupee on Tuesday lost 22 paise to end at almost seven-month low of 61.75 against the dollar as month-end demand for the US currency from oil importers weighed on the local unit. Sluggish local equities after the Reserve Bank on Tuesday kept key rates unchanged in its monetary policy...
  • 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 down 7 paise versus dollar in early trade September 24, 2014

    Mumbai: The rupee lost 7 paise to 61.01 against the dollar in early trade at the Interbank Foreign Exchange market 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 but dollar's weakness against other units...
  • Rupee falls to 1-week low of 60.94 Vs US dollar as stocks drop September 23, 2014

    Mumbai: The Indian rupee on Tuesday depreciated by 12 paise to close at one-week low of 60.94 against the Greenback on month-end dollar demand from importers and steep fall in local equities. At the Interbank Foreign Exchange (Forex) market, the domestic unit commenced lower at 60.93 a dollar from previous close...
  • Rupee ends a paisa down at 60.82 Vs dollar in lacklustre trade September 22, 2014

    Mumbai: In lacklustre trade, the Indian rupee today closed one paisa down at 60.82 against the US dollar on alternate bouts of demand and supply, snapping a fourday rising trend. At the Interbank Foreign Exchange market (Forex), the domestic unit commenced lower at 60.85 a dollar from previous close of 60.81....
  • 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...
  • What the 'peaceful rise of China' means for India part 3: Indian and Chinese economies compared September 17, 2014

    The spectacular rise of China in the last few decades is first and foremost the story of its unparalleled economic growth and development. It is the economic might of China that underpins its national strength. It is thus crucial to have a dispassionate look at China's rise as an economic...