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  Indian forex reserve reaches all-time high with $648.7 billion for the week ending May 17: RBI

  Business | May 24, 2024 18:13 IST

  Following three weeks of successive increase, the Indian foreign exchange reserve registers all time high growth. Earlier in the week ending on April 5, the highest ever forex reserve was achieved with USD 648.562.

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  Further risks to rupee remain; year-end target 65/USD: HSBC

  September 15, 2013 12:21 IST

  New Delhi:  The rupee faces further risks, even after recovering some lost ground, and may hover around 65 against the dollar by the end of this year, HSBC said.Risks such as “further equity outflows, higher

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  Rupee ends at all-time low of 53.84

  May 09, 2012 20:18 IST

  Mumbai, May 9: The rupee today closed at all-time low of 53.84 losing a hefty 72 paise against dollar due to sustained demand for the US currency which rose sharply against major rivals after poll