Rupee Low

  • News 360: Govt presses panic button as rupee continues slide July 9, 2013

    The Manmohan Singh government is pressing the panic button as the rupee continues its slide and the growth slows. A high level meeting chaired by PM Manmohan has charted out a 12-month plan to revive the manufacturing sector. ...
  • Sebi tightens currency derivative rules to tame volatile rupee July 9, 2013

    Mumbai: With an aim to help in government efforts to stem falling rupee, Sebi has tightened the exposure norms for currency derivatives to check large scale speculative activity in the market. The decision, taken on Monday, came after consultations with banking regulator RBI. Securities and Exchange Board of India (Sebi)...
  • Rupee extends losses, hits 60.21 vs dollar July 3, 2013

    Mumbai: The rupee slumped on Wednesday to approach a record low, falling for a third consecutive session, as fears of continued foreign selling kept the focus on how to finance the country's record current account deficit. The rupee tracked other emerging market currencies as new signs of a slowing Chinese growth...
  • Rupee marginally stronger; still around record low June 25, 2013

    Mumbai: The rupee was marginal stronger in early trades on Tuesday, consolidating from recent losses, although it was still in sight of record lows. At 9:01 am, the rupee was at 59.63/64 to a dollar versus 59.68/69 Monday close. The currency hit a record low of 59.9850 on Thursday. India is due...
  • Rupee hits new all-time low of 59.98 per dollar June 20, 2013

    Mumbai: A cautious Reserve Bank of India (RBI) with limited foreign exchange reserves stands as India's main line of defence against a currency at record lows - and markets are fretting it can't stand strong enough unless the government moves firmly to boost foreign inflows. The RBI stepped in to...
  • Rupee nears record low; jobs data eyed for cues June 7, 2013

    Mumbai: The rupee hit a near one-year low on Friday and was at a striking distance of an all-time low, but dollar selling by some exporters and state-run banks helped the unit recover some ground. The rupee has been falling sharply since the start of May on concerns about the...
  • Rupee trims initial losses against dollar, still down 22 paise May 10, 2013

    Mumbai: The rupee trimmed its initial weakness on Friday but was quoted still down by 22 paise to 54.47 per dollar on heavy demand of the US currency from banks and importers as it was strong overseas despite good capital inflows into equities. The rupee resumed lower at 54.57 per...
  • Rupee down 18 paise against dollar in early trade May 7, 2013

    Mumbai: The rupee today lost 18 paise to Rs 54.36 against the US dollar in early trade on the Interbank Foreign Exchange due to appreciation of the American currency against the euro overseas. Increased demand for the dollar from importers and banks also put pressure on the rupee. Dealers attributed...
  • Rupee up 6 paise vs dollar in early trade April 29, 2013

    Mumbai: The rupee on Monday gained six paise to 54.31 against the dollar in early trade at the Interbank Foreign Exchange market on increased selling of the US currency by exporters. Strengthening of euro and yen against the dollar in overseas market and a higher opening in the equity market also...
  • Rupee up 4 paise against dollar in early trade April 26, 2013

    Mumbai: The rupee rose by 4 paise to 54.18 against the dollar in early trade at the Interbank Foreign Exchange market on Friday on increased selling of the US currency by exporters. Strengthening of the euro against the dollar overseas, also supported the rupee. The rupee had gained 16 paise to close...
  • Rupee up 15 paise against dollar in early trade April 18, 2013

    Mumbai: The rupee on Thursday rose by 15 paise to 54.06 against the dollar in early trade on the Interbank Foreign Exchange as the US currency weakened against euro overseas amid a higher opening in the domestic equity market. Forex dealers said strength in euro against the US dollar overseas...
  • Rupee down 25 paise against dollar in early trade February 21, 2013

    Mumbai: The rupee on Thursday depreciated by 25 paise to 54.32 against the dollar in early trade on the Interbank Foreign Exchange due to renewed demand for the US currency, amid weak equities. Forex dealers said dollar's gain against other currencies overseas also weighed on the rupee sentiment. The local...
  • Rupee up 22 paise against dollar in early trade December 13, 2012

    Mumbai: The rupee on Thursday rose by 22 paise to 54.10 against the dollar in early trade at the Interbank Foreign Exchange (forex) market on selling of US currency by exporters and banks. Forex dealers said strengthening of euro against the US dollar overseas and a higher opening in the...
  • Rupee erases gains against dollar; steady at 54.36 November 9, 2012

    Mumbai: The rupee erased initial gains and was quoting steady at 54.36 against the dollar today on fresh demand for the American currency from banks as it strengthened in the overseas forex markets. The rupee resumed stronger at 54.30 a dollar as against the last closing level of 54.36 at...
  • Rupee plunges by 36 paise against dollar November 8, 2012

    Mumbai: The rupee lost a hefty 36 paise to Rs 54.56 against the US dollar in early trade at the Interbank Foreign Exchange market on strengthening of the American currency against the euro overseas. Forex dealers said dollar rose against the euro after the European Union cut its economic growth...
  • Rupee advances 24 paise against dollar November 7, 2012

    Mumbai: The rupee advanced further by 24 paise to 54.19 against the US currency on selling of dollars by banks and exporters after the greenback weakened against against major world currencies. Dealers said dollar slipped against the euro and yen after President Barack Obama was re-elected in a knife-edge US...
  • Rupee recovers from initial losses against US dollar November 1, 2012

    Mumbai: The rupee recovered from early losses and was trading at 53.79 a dollar on fresh selling of the American currency by banks on hopes of more capital inflows from foreign funds into equity market. The rupee resumed lower at 53.85 per dollar as against the last closing level of...
  • Rupee off lows as stocks gain; oil demand key October 18, 2012

    Mumbai: The rupee rises to 52.95/96 from a session high of 53.1050, as gains in the domestic shares hurt sentiment for the dollar. The cross closed at 52.87/88 on Wednesday. Traders say dollar demand from oil firms could cap any broader losses in USD/INR. The Sensex is up 0.7 per cent,...
  • Rupee trims initial gains against dollar October 17, 2012

    Mumbai: Moving in line with the equity market, the rupee failed to maintain its earlier gains, although it was still quoting 8 paise stronger against the US dollar. The American currency saw selling from banks amid its losing some ground in the overseas market. The rupee resumed higher at 52.75 a...
  • Rupee rises to a fresh 5-month high of 52.28 against dollar October 3, 2012

    Mumbai: The rupee rose by 12 paise to fresh over five-month high of 52.28 against the American currency in early trade on Wednesday at the Interbank Foreign Exchange on continued dollar selling by exporters and some banks. Besides, a higher opening in the equity market also supported the rupee, forex...
  • Rupee rebounds from record low; snaps losing run May 24, 2012

    Mumbai: The rupee posted its first gain against the dollar in four sessions on Thursday, recovering from a new record low earlier in the session, after the Reserve Bank of India (RBI) governor did not rule out selling dollars directly to oil importers. Making dollars available for oil companies would remove...
  • Rupee falls 1 per cent to two-year low September 22, 2011

    Mumbai: The rupee fell one percent to its lowest in more than two years on Thursday as the dollar climbed to seven-month highs against major currencies after the Federal Reserve said there were "significant downside risks" to the economy but stopped short of bold monetary easing. At 9:01 am (0331 GMT),...