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  Rupee hits 2-month low, tanks 39 p Vs $ on US rate hike fears

  March 09, 2015 20:22 IST

  Mumbai: The Indian rupee today 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

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  HSBC sets aside $378 million for fine over forex scandal

  November 04, 2014 9:40 IST

  London: HSBC bank yesterday set aside USD 378 million for a potential fine in Britain to settle allegations of foreign exchange market rigging, as it posted mixed third-quarter earnings.The Asia-focused lender said in a results

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  Rupee posts first weekly drop in five on rising dollar demand

  May 30, 2014 20:02 IST

  Mumbai: The rupee today extended losses and fell by eight paise to end at 59.11 against the dollar dragged down by month-end importer demand of the US currency.  It lost 59 paise in the past

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  Rupee up a whopping 119 paise on gush of dollar flows

  June 29, 2012 22:04 IST

  Mumbai, Jun 29: The rupee today logged its second biggest gain in nearly a decade of a whopping 119 paise to settle at a two-week high of 55.61 a dollar on robust capital inflows amid

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  Rupee ends flat in dull trade

  June 26, 2012 20:31 IST

  Mumbai, Jun 26: A day after swinging wildly following RBI's steps to shore up the rupee, the currency today ended flat against the dollar amid alternate bouts of buying and selling of the US currency.At

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  Rupee slumps to record low of 57.92

  June 25, 2012 20:25 IST

  Mumbai, Jun 25: The rupee slumped to fresh record low of 57.92 after RBI measures to stem the currency slide failed to enthuse investors but it managed to recover some ground and closed 14 paise

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  RBI intervention on Rupee when necessary, says Pranab

  May 22, 2012 19:10 IST

  New Delhi, May 22: With rupee falling to record low against dollar, Finance Minister Pranab Mukherjee today said the government is taking steps to arrest volatility in the foreign exchange market and the Reserve Bank

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  No end to rupee's free-fall, hits new low of 55.47 against USD

  May 22, 2012 19:52 IST

  Mumbai, May 22: Continuing its free-fall for the fifth day in a row, rupee set a new low of 55.47 before ending at 55.39 against the dollar on relentless demand for the American currency from