Indian Rupees

  • Rupee rises 15 paise to end at over one-week high of 60.09 against US dollar July 23, 2014

    Mumbai: Rupee rose 15 paise to end at over one-week high of 60.09 against US dollar on Wednesday. Extending its rising streak for the second straight session, the rupee strengthened by 12 paise to trade at 60.12 against the US dollar in early trade on Wednesday on sustained foreign capital...
  • Rupee closes at 60.31 against dollar July 21, 2014

    Mumbai: The rupee on Monday closed at 60.31 against US dollar. The rupee recovered by 10 paise to 60.18 against the US dollar in early trade at the Interbank Foreign Exchange market on selling of the American currency by exporters amid increased capital inflows. Further, strengthening of the euro and the yen...
  • Government closely monitoring Iraq situation: Arun Jaitley July 18, 2014

    New Delhi: The government on Friday said it is closely monitoring the situation in Iraq and will calibrate policy response to cope with it. "The turmoil in Iraq has the potential to have an impact on international prices of oil. The government closely monitors the emerging situation and calibrates appropriate policy...
  • Rupee falls to 1-month low vs US dollar, down 10 paise at 60.28 July 18, 2014

    Mumbai: The rupee continued its downslide mostly throughout the week and on Friday fell 10 paise to log a one-month closing low of 60.28 against the greenback on dollar demand from importers and rising global risk aversion. Heavy capital inflows in local equities, however, restricted the rupee fall, said forex brokers....
  • Rupee logs worst drop in over 4 months, down 52 paise against US dollar to end at 59.77 June 13, 2014

    Mumbai: Logging its biggest drop in over four months, the rupee on Friday depreciated 52 paise to end at 59.77 against US dollar on rising risk aversion after global oil prices surged on supply concerns over the unrest in Iraq. The local currency also posted its third successive weekly...
  • Rupee closes at 59.90 vs US dollar April 2, 2014

    Mumbai: The rupee on Wednesday ended flat at 59.90 against the dollar after surrendering initial gains on mild dollar selling by exporters. At the Interbank Foreign Exchange (Forex) market, the domestic unit commenced higher at 59.80 a dollar from last weekend's close of 59.91. It shot up further to touch an...
  • Rupee closes higher by 5 paise at 61.17 against US dollar March 13, 2014

    Mumbai: The rupee closed higher by 5 paise or 0.08 per cent at 61.17 against the US dollar on Thursday. Earlier in the day, the Indian rupee opened higher at 61.02 per dollar on Thursday as against previous day's closing value of 61.22 a dollar. It immediately breached 61 level...
  • Rupee closes lower by 12 paise at 62.68 against dollar January 31, 2014

    Mumbai: The rupee on Friday closed lower by 12 paise or 0.20 per cent at 62.68 against the US dollar. The rupee gained 17 paise to 62.39 against the dollar in early trade on Friday. Rupee on Wednesday closed at 62.56 to the dollar. Dollar is at one-week high against a...
  • Rupee hits fresh 1-month high, up 30 paise vs dollar December 5, 2013

    Mumbai: The rupee on Thursday rose by 30 paise to trade at fresh one-month high of 61.75 against the dollar in early trade at the Interbank Foreign Exchange market on increased selling of the US currency by exporters, amid sustained foreign capital inflows. Strengthening of other currencies against the dollar overseas and...
  • Rupee closes at 62.57 vs dollar, first drop in 5 days November 20, 2013

    Mumbai: The rupee fell against the dollar for the first time in five days, losing 21 paise to close at 62.57 on Wednesday, as local stocks declined. Fresh dollar demand from importers, mainly oil refiners, and a firm US currency overseas outweighed support for the rupee from continued foreign fund inflows...
  • Rupee up 6 paise vs dollar in early trade October 28, 2013

    Mumbai: The rupee on Monday gained 6 paise to 61.40 against the dollar in early trade at the Interbank Foreign Exchange market on increased selling of the US currency by exporters. Forex dealers said strengthening of the euro against the dollar in overseas market on expectations that the US Federal Reserve...
  • Rupee down, opens at 61.53 vs $ against Thursday's close of 61.46 October 25, 2013

    Mumbai: Rupee on Friday opened down at 61.53 vs US dollar against Thursday's close of 61.46. This after it rose for the second day in a row and ended 13 paise higher at 61.46 against the dollar after banks and exporters sold the US currency as it weakened overseas. Sustained...
  • Rupee at 61.65 vs US dollar, down 6 paise in early trade October 24, 2013

    Mumbai: The rupee moved down by 6 paise to 61.65 against the dollar in early trade on Thursday on increased demand for the US currency from banks and importers. A higher opening in the domestic equity market and dollar's weakness against other currencies overseas capped the fall, dealers said. The rupee...
  • Rupee trims early losses, still down 39 paise against dollar October 9, 2013

    Mumbai: In line with the equity market, the rupee trimmed early losses and was quoted down 39 paise to 62.18 against the dollar on demand from banks and importers for the US currency as it strengthened overseas. The rupee resumed lower at 62.07 per dollar as against the previous close of...
  • India to stick with austerity despite looming election: P Chidambaram October 8, 2013

    The government will have to rein in spending and cut subsidies to meet its fiscal deficit target, the country's Finance Minister said on Monday, underlining that an austerity drive will not be blown off course by an election due next year. P Chidambaram told Reuters ahead of a trip to the...
  • Rupee ends at 61.73 versus US dollar October 3, 2013

    Mumbai: The rupee gained 73 paise or 1.17 per cent to end at 61.73 versus US dollar on Thursday. The rupee on Tuesday ended 14 paise up at 62.46 versus US dollar against it close on Monday at 62.60 versus US dollar. Meanwhile, Sensex opened 116.90 points or 0.60 per...
  • Rupee weakens further by 15 paise to 62.75 vs US dollar September 24, 2013

    Mumbai: The rupee on Tuesday weakened for the third straight session, moving lower by another 15 paise to close at 62.75 against the dollar on month-end demand from importers as the US currency strengthened overseas. Fresh capital outflows and some hesitancy in local stocks also weighed on the rupee. The local...
  • Rupee opens 1.69 paise up at 61.69 vs US dollar, at highest level since Aug 16 September 19, 2013

    Mumbai: The rupee on Thursday opened 1.69 paise up at 61.69 against the dollar, as against its previous close at 63.38 vs US dollar on Wednesday. The rupee is at its highest level since August 16. The rupee on Wednesday closed just a paisa lower at 63.38 against the dollar, the...
  • Rupee gains 69 paise, opens at 62.80 vs US dollar September 16, 2013

    Mumbai: The Indian rupee opened with a gap up of 69 paise at 62.80 per dollar versus 63.49 Friday. The dollar slides to 81 levels to hit a four week low after Lawrence Summer's exit from the race for Fed president. The euro retreats a tad after jumping to 1.33...
  • Indian stocks, currency sink as Syrian tension worsens September 3, 2013

    Mumbai: Indian rupee and stock markets plunged on Tuesday, with bechmark Sensex sliding by 650 points on reports that missiles were fired at Syria, raising fears of disruption in oil supply and spike in prices. The Indian rupee slipped below 68 against a dollar, losing more than two percent of its value...
  • Falling factory activity adds to rupee's woes September 2, 2013

    The rupee remained frail after last week's record low, as pessimism generated by dismal economic growth data was compounded on Monday by survey showing factory activity in August shrank for the first time in over four years. Investors want bold reforms to restore confidence in India, spur growth, reduce a record...
  • Rupee slide a concern but no 1991-like crisis: PM August 30, 2013

    Prime Minister Manmohan Singh on Friday said the sharp slide in the value of the rupee caused by external developments was a matter of concern, but India is not heading to a 1991-like crisis when the country was forced to pledge its gold to pay import bills. “There is no reason...
  • Rupee jumps 85 paise, Sensex rises 219 points after PM's hard-talk August 30, 2013

    The rupee on Friday soared 85 paise to 65.70 against dollar and the Sensex jumped nearly 219 points to over two-week high levels after Prime Minister Manmohan Singh promised not to resort to capital controls or reverse economic reforms to tackle turbulence in markets. The financial markets lapped up his detailed...
  • How the rupee fall will impact you August 28, 2013

    The rupee, which reached 68 vs US dollar on Wednesday, hasn't been this bad in over 18 years. It is going to affect the common man in many ways like expensive foreign travel, costlier imported goods and higher EMIs. Here's how the depreciating rupee can affect your wallet: ...
  • Students who wish to study abroad bear the brunt of the falling rupee August 28, 2013

    Chennai: The rupee reached a new low of 67 vs US dollar on Wednesday, witnessing its biggest fall in 18 years. Bearing the brunt of the falling rupee are students who wish to study abroad. "It's like choosing to work for two years in between has become a punishment for me....
  • Rupee hits all-time closing low of 66.24, posts biggest fall in nearly 18 yrs August 27, 2013

    The rupee hit a record low and posted its biggest percentage fall in 18 years on Tuesday after Lok Sabha's approval of a $20 billion plan to provide cheap grain to the poor renewed doubts about government resolve to control spending ahead of elections due next year. The alarm over the...
  • Decisions taken by government in 2008 led to rupee fall, admits Chidambaram August 27, 2013

    New Delhi: As rupee reached a new record low of 66.07 vs US dollar on Tuesday, Finance Minister P Chidambaram admitted that the decisions taken by the government to counter the 2008 economic meltdown are among the reasons why the rupee depreciated. Chidambaram said the stimulus programme announced by the...
  • Govt has not drawn any red line on rupee value, says Montek August 25, 2013

    In the backdrop of the declining value of India's currency, Planning Commission Deputy Chairman Montek Singh Ahluwalia on Sunday said the government has not drawn any red line on the rupee, which he felt has over depreciated. "I don't believe that either the government or the RBI have taken a view...
  • The Last Word: What can the government do to arrest rupee fall? August 22, 2013

    The rupee remained in the doldrums for the sixth session in a row on Thursday as it breached the 65 mark to an all-time intra-day low of 65.56 before recovering to settle at 64.55 against the dollar, still down 44 paise. ...
  • Inflation could accelerate due to rupee fall, says RBI August 22, 2013

    India's inflation could accelerate in the current fiscal year due to the rupee's sharp depreciation, the Reserve Bank of India (RBI) said in a report on Thursday. The Indian rupee touched record low of 65.52/dollar on Thursday and is down 16 percent so far this year despite efforts by policymakers to...