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  • rupee firms up 16 paise against dollar

    Rupee firms up 16 paise against dollar

    June 09, 2015 10:18 IST

    Mumbai:  The rupee appreciated 16 paise to 63.92 against the US dollar in early trade at the Interbank Foreign Exchange today on fresh selling of the American currency by exporters and banks.Besides, strengthening of the

  • depreciating dollar rbi investment returns hike foreign

    Depreciating dollar, RBI investment returns hike foreign reserves

    May 23, 2015 16:50 IST

    Mumbai: Depreciation in dollar value, interest payments on securities held by the apex bank in non-dollar currencies and the rich payouts for its participation in the forwards trading market led to an exponential rise in

  • rupee plunges to over 3 month low of 63.32 vs dollar

    Rupee plunges to over 3-month low of 63.32 vs dollar

    April 23, 2015 19:36 IST

    Mumbai: The rupee today plummeted to an over three-month low of 63.32 by losing 50 paise against the US dollar on renewed demand for the American currency from banks and importers amid foreign capital outflows

  • rupee extends gains up 9 paise against dollar

    Rupee extends gains, up 9 paise against dollar

    March 24, 2015 11:09 IST

    Mumbai: Continuing its rising streak for the seventh straight session, the rupee rose by 9 paise to 62.18 against the dollar in early trade today at the Interbank.Foreign Exchange on sustained selling of dollars by

  • india s forex kitty hits lifetime high at over 322 billion

    India's forex kitty hits lifetime high at over $322 billion

    January 24, 2015 8:16 IST

    Mumbai:  After a gap of four years, India's foreign exchange reserves touched a new lifetime high at USD 322.135 billion for the week ended January 16, driven by higher inflows and lower outgo of forex

  • rupee drops to one week low of 63.41 vs dollar down 12 paise

    Rupee drops to one-week low of 63.41 vs dollar, down 12 paise

    January 05, 2015 19:42 IST

    Mumbai: The Indian rupee today reacted downwards by 12 paise to log nearly one-week closing low of 63.41 against the Greenback on weakness in local equities amid fresh dollar demand from importers. A firm dollar overseas

  • rupee logs worst drop in a month down 44p at 60.19 vs dollar

    Rupee logs worst drop in a month, down 44p at 60.19 vs dollar

    July 10, 2014 18:21 IST

    Mumbai: Moving in tandem with equities, the rupee today tumbled 44 paise, posting its biggest drop in nearly a month, to end at 60.19 against the dollar on a day the Narendra Modi-led government presented

  • rupee up 10 paise against dollar

    Rupee up 10 paise against dollar

    May 06, 2014 18:17 IST

    Mumbai: The rupee today gained 10 paise to end the day at 60.11 against the dollar on fag-end selling of the US currency by banks and exporters .The rupee resumed higher at 60.10 as against

  • rupee hits over one month high ends 10 paise up

    Rupee hits over one-month high, ends 10 paise up

    March 05, 2014 19:13 IST

    Mumbai:  The rupee today rose to its highest level in over a month and closed 10 paise up at 61.75 against the dollar following sustained selling of American currency by exporters and some banks, amid

  • forex reserves rise for 2nd week jump by 1.46 bn to 283.6 bn

    Forex reserves rise for 2nd week, jump by $1.46 bn to $283.6 bn

    November 23, 2013 16:03 IST

    Mumbai: Forex reserves jumped for the second consecutive week by adding $1.459 billion in the week to November 15, taking the overall reserves to a healthy $283.57 billion, on account higher foreign currency assets.In the

  • rupee snaps 3 day losing trend ends 6 paise up at 61.59 vs

    Rupee snaps 3-day losing trend, ends 6 paise up at 61.59 vs USD

    October 23, 2013 21:43 IST

    New Delhi: Snapping a three-day downward move, the rupee on Wednesday ended six paise higher at 61.59 versus the dollar on hopes that weak US jobs data would result in the Fed extending its economic

  • enforcement directorate finds no violation of fdi

    Enforcement Directorate finds no violation of FDI guidelines by Walmart

    October 17, 2013 23:37 IST

    NEW DELHI: The Enforcement Directorate, which probed the alleged contravention of foreign exchange laws by Walmart in its investments in domestic supermarket chain Bharti Enterprises, has found no violation of FDI guidelines by the US

  • worst is over for rupee 60 65 per dollar fair value montek

    Worst is over for rupee, 60-65 per dollar fair value: Montek Singh Ahluwalia

    October 08, 2013 23:41 IST

    NEW DELHI: Planning Commission Deputy Chairman Montek Singh Ahluwalia today said the worst is over for the rupee and the fair value for the currency could be between 60 and 65 against the US dollar.“I

  • india s forex reserves jump by 2 bn

    India's forex reserves jump by $2 bn

    September 28, 2013 17:21 IST

    Mumbai: India's foreign exchange (forex) reserves jumped by $2.03 billion to $277.38 billion for the week ended Sep 20, the biggest weekly gain in nearly two years, on the back of concessional swap facilities offered

  • rupee gains 28 paise against dollar in early trade

    Rupee gains 28 paise against dollar in early trade

    January 30, 2013 11:31 IST

    Mumbai, Jan 30: The rupee today strengthened by 28 paise to 53.49 against the US dollar in early trade on the Interbank Foreign Exchange after the Reserve Bank cut lending rate and cash reserve ratio

  • rbi asks exporters to repatriate half their foreign

    RBI asks exporters to repatriate half their foreign exchange earnings

    May 10, 2012 23:12 IST

    New Delhi, May 10: The Reserve Bank of India, in a bid to shore up the Indian rupee, today directed all exporters to repatriate (read, sell)  within a fortnight  half their foreign exchange earnings. Hitherto,

  • rbi intervention stems steep rupee fall

    RBI intervention stems steep Rupee fall

    May 04, 2012 18:59 IST

    Mumbai, May 4: The rupee today came precariously close to 54 levels but recouped day's most of the losses to end at 53.47/48, down six paise against the US currency, after RBI's suspected intervention in

  • rupee ends flat at 52.54/55 vs dollar

    Rupee ends flat at 52.54/55 vs dollar

    April 27, 2012 18:37 IST

    Mumbai, Apr 27: The rupee today ended flat at 52.54/55 against the US dollar amidst uneven demand and supply of the American currency At the Inter-bank Foreign Exchange, the domestic unit resumed higher at 52.47/48

  • rupee ends flat at 52.55/56 vs dollar

    Rupee ends flat at 52.55/56 vs Dollar

    April 26, 2012 21:23 IST

    Mumbai, Apr 26: The rupee closed flat today at 52.55/56 against the dollar after alternate bouts of selling and buying of the American currency.At the Interbank Foreign Exchange (Forex) market, the rupee resumed slightly higher

  • rupee down by 37 paise vs dollar ends at 3 mth low

    Rupee Down By 37 Paise Vs Dollar; Ends At 3-Mth Low

    April 16, 2012 20:18 IST

    Mumbai, Apr 16: The rupee today fell by 37 paise to close at nearly three-month low of 51.67/68 against the US currency following heavy dollar demand from importers and some banks amid strong dollar overseas.Fresh