Rupee

  • Rupee gains 14 paise against dollar at 61.61 -277331494 minutes ago

    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 2 days ago

    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 3 days ago

    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 6 days ago

    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 1 week ago

    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...
  • 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 16, 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 down 9 paise against dollar in early trade September 12, 2014

    Mumbai: The rupee depreciated by 9 paise to 61.02 against the US dollar in early trade at the Interbank Foreign Exchange market due to increased demand for the American currency from importers. The dollar's gains against other currencies overseas also put pressure on the local unit but a higher opening in...
  • 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 dips below 61mark vs US Dollar, ends at 60.95 September 10, 2014

    Mumbai: In line with weak stocks, rupee on Wednesday fell below 61mark against dollar and ended at a fourweek low of 60.95, down 35 paise, on growing concern that US hiking interest rates soonerthanexpected will hit inflows. Continued dollar demand from importers and some banks too weighed on the rupee value...
  • 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 logs sixweek peak of 60.29 vs US dollar, up 10 paise September 8, 2014

    Mumbai: The Indian rupee on Monday appreciated by ten paise to end at a nearly sixweek high of 60.29 against the Greenback tracking a solid rally in local shares and continued dollar selling by exporters and some banks. Good inflows also helped the rupee even as the widely tracked dollar index...
  • Rupee logs fifth straight weekly rise against US dollar September 5, 2014

    Mumbai: The rupee fell back by three paise to end at 60.39 against the US dollar but managed to log its fifth straight weekly rise on account of recent gains. The rupee commenced lower at 60.44 a dollar from previous close of 60.36 at the Interbank Foreign Exchange (Forex) market. It...
  • Sensex ends 59 points lower at 27,026.70 September 5, 2014

    Mumbai: The benchmark Sensex on Friday fell 59.23 points to end at 27,026.70, its second straight session of decline after logging new highs earlier this week, on losses in bluechips including HDFC, ICICI Bank, Hero MotoCorp and Tata Motors amid a weak global trend. Domestic stock markets opened on a better...
  • Rupee closes at 1month high of 60.39 Vs USD; up 13 paise September 4, 2014

    Mumbai: Rising for the second day, the rupee today closed at onemonth high of 60.36 paise, up 13 paise against the dollar on sustained selling of the US currency by exporters and some banks amid heavy capital inflows. At the Interbank Foreign Exchange (Forex) market, the local currency resumed better at...
  • RBI allows ECB lenders to extend loans in rupees September 3, 2014

    Mumbai: Relaxing norms for external borrowings, the RBI today allowed ECB lenders can now extend loans in Indian Rupees to domestic businesses. "With a view to providing greater flexibility for structuring of external commercial borrowings (ECB) arrangements, it has been decided that recognised nonresident ECB lenders may extend loans in...
  • Rupee hits 1 month high at 60.33; closes up by 19 points at 60.49 Vs USD September 3, 2014

    Mumbai: Snapping the foursession losing trend, the rupee hit onemonth high of 60.33 during the day before closing higher by 19 paise at 60.49 against the dollar on weakening of the US currency amid reports of Russia and Ukraine agreeing to a ceasefire. Also, continuing rise in local equities and sustained inflows...
  • 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...
  • Rupee recovers 7 paise against dollar in early trade August 28, 2014

    Mumbai: The rupee recovered by 7 paise to trade at 60.38 against the US dollar in early trade on selling of the American currency by banks and exporters amid sustained foreign capital inflows. Besides, a higher opening in the domestic equity market and strengthening of the euro against the dollar overseas...
  • Rupee softens by 2 paise vs USD to end at 60.45 in dull trade August 27, 2014

    Mumbai: The Indian rupee on Wednesday edged two paise lower and ended at 60.45, near its fourweek high levels, against the Greenback on dollar demand from importers. However, bullish local equities, sustained capital inflows and a weak dollar overseas helped check the rupee fall, a forex dealer said. At the Interbank...
  • Rupee logs 4week closing high of 60.43 vs dollar, up 13 paise August 26, 2014

    Mumbai: The Indian rupee on Tuesday appreciated by 13 paise to end at nearly fourweek high of 60.43 against the American currency following fresh dollar selling by exporters and sustained investments by foreign funds. However, some hesitancy in local equities and weak dollar overseas kept the rupee in a tight range. The...
  • Rupee falls nine paise Vs US dollar to end at 60.56 August 25, 2014

    Mumbai Retreating from over threeweek highs, the Indian rupee on Monday fell nine paise to close at 60.56 against the Greenback on late profit booking in local equities and fresh dollar demand from oil importers. However, sustained capital inflows and a weak dollar overseas limited the rupee fall, a forex dealer...