Rupee

  • What the 'peaceful rise of China' means for India part 3: Indian and Chinese economies compared 12 hours 23 minutes ago

    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 10 hours 44 minutes ago

    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 sell-off...
  • Rupee up 11 paise against dollar in early trade Yesterday

    Mumbai: The rupee recovered from over one-month 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 1-month low of 61.13 vs US dollar 2 days ago

    Mumbai: The Indian rupee on Monday plunged 48 paise, logging its biggest fall in more than five weeks, to close at over one-month 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 5 days ago

    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 6 days ago

    Mumbai Snapping a two-day 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 mid-session gains. Dollar demand from importers and some banks on hopes of further rise in...
  • Rupee dips below 61-mark vs US Dollar, ends at 60.95 1 week ago

    Mumbai: In line with weak stocks, rupee on Wednesday fell below 61-mark against dollar and ended at a four-week low of 60.95, down 35 paise, on growing concern that US hiking interest rates sooner-than-expected 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 six-week 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 six-week 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 six-week 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 1-month high of 60.39 Vs USD; up 13 paise September 4, 2014

    Mumbai: Rising for the second day, the rupee today closed at one-month 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 non-resident 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 four-session losing trend, the rupee hit one-month 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 two-week 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 two-and-half year high of 5.7 per cent in the April-June 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 four-week 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 4-week 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 four-week 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 three-week 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...
  • Rupee rebounds 20 paise to end over 3-week high Vs US dollar at 60.47 August 22, 2014

    Mumbai: The Indian rupee on Friday rebounded 20 paise to end at over three-week high of 60.47 against the Greenback following strong local equities and capital inflows. After falling six paise on Thursday, the sentiment was in favour of the rupee today and helped it shrug off a better dollar in...
  • Rupee snaps three-day rise, ends 6 paise down Vs US dollar at 60.67 August 21, 2014

    Mumbai: Breaking its three-session string of gains, the Indian rupee today retreated from three-week highs and ended six paise down at 60.67 against the greenback on importer demand for US currency, amid a firm dollar overseas. However, a marginal recovery in local equities and continued capital inflows restricted the rupee fall....
  • Rupee washes out early losses, ends up 6 paise vs US dollar at 60.61 August 20, 2014

    Mumbai: Recouping early losses, the Indian rupee on Wednesday closed six paise higher at almost a three-week high of 60.61 against the American unit on constant dollar selling by exporters and some banks, amid increased inflows. However, weakness in local stocks and strong dollar overseas confined the rupee rise, a forex...
  • Rupee up 7 paise against dollar in early trade August 19, 2014

    Mumbai: Extending its rising streak for the second session, the rupee strengthened by seven paise to trade at fresh two-week high of 60.69 against the US dollar in early trade on Monday amid sustained foreign capital inflows. Increased selling of dollars by banks and exporters amid soaring equity markets on heavy...
  • RBI to issue Rs 1,000 banknotes within MG series-2005 August 15, 2014

    Mumbai: The Reserve Bank will soon issue Rs 1,000 denomination banknotes with inset letter R in the Mahatma Gandhi Series-2005. "The Reserve Bank will shortly issue Rs 1,000 denomination Banknotes incorporating rupee symbol, with 'R' inset letter, in the Mahatma Gandhi Series-2005," the RBI said in a notification. The year of printing...
  • Rupee rises nine paise to 1-week high of 61.08 vs US dollar August 14, 2014

    Mumbai: The Indian rupee on Thursday rose by nine paise to end at one-week 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 1-week high of 61.08 vs US dollar August 12, 2014

    Mumbai: The Indian rupee on Tuesday rose by nine paise to end at one-week 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...
  • Not rupee value, other factors impacting exports: Nirmala Sitharaman August 8, 2014

    New Delhi: It is not the exchange rate of the rupee but 'other factors' that are impacting the country's exports, the government said on Friday. "In India as the exchange rate of the rupee has remained bi-directional in a general depreciating trend and there are other factors affecting exports, there...