RUPEE

  • How to survive in less than Rs 100 at the Sector 18 market in Noida 12 hours 43 minutes ago

    Summers are here and there is no good reason for anyone to step outside in this ghastly heat. Barring a few. We at IBNLive decided to crank it up a notch. Bot only would we have to survive the cruel sun, we would also have to do that with only...
  • Rupee rebounds 26 paise against dollar; snaps 2-day losses Yesterday

    Mumbai: Snapping its two-day losing streak, the rupee today recovered 26 paise to end at 62.41 against the American currency on fresh selling of dollars by banks and exporters amid weakness in the greenback overseas. The rupee resumed lower at 62.80 as against the yesterday's closing level of 62.67 on...
  • Rupee falls 31 paise against dollar in early trade 2 days ago

    Mumbai: The rupee weakened by 31 paise to 62.64 against the US dollar in early trade on Thursday at the Interbank Foreign Exchange on month-end demand for the American currency from banks and importers. Forex dealers attributed the fall in the rupee to increased demand for the dollar from importers and...
  • Rupee weakens by 6 paise against dollar in early trade on Wednesday 3 days ago

    Mumbai: The rupee fell by six paise at 62.32 against the dollar in early trade on Wednesday at the Interbank Foreign Exchange due to appreciation of the US currency overseas. Fresh demand for the dollar from importers also weighed on the local currency but a higher opening in the domestic...
  • Rupee ends at 62.26 vs dollar; logs longest run of gains since 2011 4 days ago

    Mumbai: The Indian rupee on Tuesday inched up by a paisa against the American currency to end at 62.26, extending its winning streak to seventh straight session, the longest string of gains since June 2011. The rupee opened higher at 62.20 per dollar as against Monday's closing level of 62.27 per...
  • Rupee up 19 paise vs dollar; logs longest winning streak since 2012 5 days ago

    Mumbai: The Indian rupee on Monday strengthened by 19 paise against US dollar in its sixth straight day of rise -- its longest winning run since 2012 -- to end at 62.27 on sustained selling of the greenback by banks and exporters amid foreign capital inflows. The rupee resumed slightly higher...
  • Rupee in green for 5th straight day as dollar loses strength March 20, 2015

    Mumbai: The Indian rupee on Friday rose for the fifth straight session against the Greenback and ended at 62.46 with a gain of six paise on sustained selling of dollars, wrapping up its best week in about two months. Besides the US Federal Reserve's signal that it will raise rates at...
  • Sensex, Nifty end lower; NTPC tanks 6 per cent March 20, 2015

    Mumbai: The market ended lower dragged mostly by capital goods and FMCG stocks. The Sensex is down 208.59 points or 0.7 per cent at 28261.08. The Nifty is down 63.75 points or 0.7 per cent at 8570.90. About 770 shares have advanced, 2104 shares declined, and 168 shares are unchanged....
  • Rupee gains for the 4th day vs US dollar, up 17 paise on Federal stance March 19, 2015

    Mumbai: Extending its string of gains to the fourth straight session, the Indian rupee on Thursday appreciated by 17 paise to end at 62.52 against US dollar after the Federal Reserve's dovish stance on rates eased outflow concerns. Persistent selling of dollars by banks and exporters due to weakness of dollar...
  • Rupee ends almost flat vs dollar ahead of Fed policy outcome March 18, 2015

    Mumbai: The Indian rupee on Wednesday ended almost flat against the dollar at 62.69 ahead of the US Federal Reserve's monetary policy statement that could shed light on the timing of interest rate hikes. The rupee resumed slightly higher at 62.68 per dollar as against the last closing level of 62.70...
  • Sensex rebounds 299 points on hopes US Fed won't hike rates soon March 17, 2015

    Mumbai: Tracking positive global cues, the benchmark Sensex on Tuesday logged its first rise in three days, gaining about 299 points to end at 28,736.38 as a batch of tepid US economic indicators triggered hopes that Fed will not raise interest rates soon. In a highly volatile session, initial sharp...
  • Rupee strengthens by 11 paise against US dollar ahead of US Fed meet March 17, 2015

    Mumbai: The Indian rupee on Monday extended gains for the second consecutive session, rising 11 paise against the American currency to 62.70 amid a good show by stocks and on selling of dollars by banks and exporters ahead of the two-day US Fed monetary policy meet. At the Interbank Foreign...
  • Rupee rises by 16 paise to end at 62.81 against US dollar March 16, 2015

    Mumbai: Bucking a fall in stocks, the Indian rupee on Monday gained 16 paise to end at 62.81 against the American currency on fresh selling of dollars by banks and exporters. While the US dollar hit 12-year high against the Euro earlier in the day ahead of Fed policy meet,...
  • Rupee breaches 63-mark against, ends 47 paise down at 62.97 on weak stocks March 13, 2015

    Mumbai: The Indian rupee on Friday breached the the 63-mark intra day against the Greenback and ended with a sharp loss of 47 paise at 62.97 on sustained dollar demand from importers amid weakness in local shares. It crossed the 63-level after two months as it hit a low of...
  • Rupee rebounds 28 paise against US dollar to end at 62.50 on recovery in stocks March 12, 2015

    Mumbai: In step with smart recovery in local equities, the Indian rupee on Thursday rebounded by 28 paise to close at 62.50 against the American currency on fresh dollar selling by exporters. A weak dollar overseas also helped the rupee recover from two-month lows, said forex dealers, adding that IMF...
  • Rupee hits fresh two-month low of 62.78 March 11, 2015

    Mumbai: In line with local equities, the rupee on Wednesday dipped for the third straight session and eased by two paise to close at fresh two-month low of 62.78 against greenback on sustained demand for US dollar from importers. Continued slide in local equities amid fresh withdrawal of funds by...
  • Rupee hits two-month low, down 21 paise against US dollar at 62.76 March 10, 2015

    Mumbai: Tracking weak stocks, the rupee on Tuesday fell 21 paise to end at two-month low of 62.76 against the greenback on sustained dollar demand from importers amid US rate hike concerns. A smart rise in dollar index against its major rivals also put pressure on the rupee. There was...
  • After 20 years, Re 1 note released from Shrinathji temple March 9, 2015

    New Delhi: After a gap of over 20 years, Re 1 note has been released in the country and it bears the signature of Finance Secretary Rajiv Mehrishi. Incidentally, the note was released at Shrinathji temple in Nathdwara, Rajasthan, on March 6 by Mehrishi. Other currency notes in India bear...
  • Rupee hits 2-month low, tanks 39 paise against dollar on US rate hike fears March 9, 2015

    Mumbai: The Indian rupee on Monday fell to two-month low and closed with a sharp 39 paise loss at 62.55 against the US dollar after better-than-expected jobs data spurred expectations of an early hike in US interest rates. Fresh dollar demand from importers amid strong cues in overseas markets and...
  • Rupee rebounds from one-week low, up 9 paise at 62.16 against US dollar March 5, 2015

    Mumbai: Rebounding from one-week low, the Indian rupee on Thursday rose by 9 paise to finish at 62.16 against the dollar, snapping its four-day falling trend, on the back of dollar selling by banks and exporters amid rise in stocks. Moreover, dealers avoided taking any long dollar positions ahead of...
  • After 20 years, RBI to put Re 1 note into circulation March 5, 2015

    New Delhi: One rupee notes are all set to come back into circulation as the government has decided to restart printing the currency after more than two decades. "The Reserve Bank of India will soon put in circulation currency notes in one rupee denomination. The notes will be printed by...
  • Excessively strong rupee undesirable: Raghuram Rajan March 4, 2015

    Mumbai: RBI Governor Raghuram Rajan on Wednesday said that the "excessively strong rupee" is undesirable as it triggers disinflationary pressures. "The rupee has remained strong relative to peer countries. While an excessively strong rupee is undesirable, it too creates disinflationary impulses," Rajan said in a statement announcing cut in interest...
  • Sensex breaches 30,000 mark, Nifty above 9,100 on RBI rate cut March 4, 2015

    Sensex breached the 30,000-mark and the Nifty hit a lifetime high of 9,119.20 in opening trade on Wednesday in a surprise move, cut repo rate by 0.25 per cent. The 30-share index crossed the 30,000-mark by surging 431.01 points, or 1.45 per cent, to trade at an all-time high of...
  • Rupee slips 33 paise to 1-week low against US dollar after Raghuram Rajan's currency comment March 4, 2015

    Mumbai: In line with weak stocks, the rupee on Wednesday slipped by a hefty 33 paise -- its fourth straight daily loss -- to close at 62.25 against dollar amid RBI Governor Raghuram Rajan's comment that an "excessively strong rupee" is undesirable as it triggers disinflationary pressures. Heavy demand for...
  • Sensex falls 644 from top after hitting 30,000 on RBI rate cut March 4, 2015

    Mumbai: Benchmark indices nosedived in the last hour of trade on Wednesday after touching record highs earlier in the day spurred by the 25 basis point repo rate cut. The 30-share BSE Sensex shed 213 points to close at 29380.73, after hitting a new high of 30024.74 intraday. The 50-share...
  • Rupee falls 5 paise against US dollar, ends at 61.92 March 3, 2015

    Mumbai: Continued its slide for the third straight session, the Indian rupee on Tuesday fell 5 paise to end at 61.92 against the Greenback following sustained demand for the American currency from importers and a better dollar in overseas trades. Widening fiscal deficit, which rose to Rs 5.68 lakh crore...
  • Rupee weakens four paise against US dollar March 2, 2015

    Mumbai: Bucking the uptrend in stocks, the Indian rupee on Monday weakened four paise to finish at 61.87 against the US dollar due to sustained demand for the American currency from banks and importers. Some caution adopted by participants ahead of core sector data outcome also impacted sentiments, said forex brokers. The...
  • Rupee falls 10 paise against dollar in early trade on Friday February 27, 2015

    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 February 26, 2015

    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 February 25, 2015

    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...