US JOB DATA

  • Rupee at record closing low; worst week in nearly 2 years August 2, 2013

    Mumbai: The rupee fell to a record closing low on Friday, posting its worst week in 22 months, raising concerns the RBI is losing the battle to prop up the currency while the government has yet to take any meaningful measures to bring in inflows. The rupee weakened ahead of key...
  • Rupee off highs; global data disappoints June 4, 2012

    Mumbai: The rupee was marginally weaker on Monday, with the outlook negative as global sentiment, fuelled by weak US nonfarm payrolls and Chinese nonmanufacturing PMI, continued to hurt risk assets. At 9:04 am, the partially convertible rupee was at 55.58/60 per dollar, weaker than its 55.54/55 close on Friday. Europe's debt crisis...