Foreign Exchange
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Rupee snaps 3-day losing trend, ends 6 paise up at 61.59 vs USD
Oct 23, 2013, 09:43 PM ISTNew 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
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Enforcement Directorate finds no violation of FDI guidelines by Walmart
Oct 17, 2013, 11:37 PM ISTNEW 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
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Worst is over for rupee, 60-65 per dollar fair value: Montek Singh Ahluwalia
Oct 08, 2013, 11:41 PM ISTNEW 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
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India's forex reserves jump by $2 bn
Sep 28, 2013, 05:21 PM ISTMumbai: 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
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Rupee gains 28 paise against dollar in early trade
Jan 30, 2013, 11:31 AM ISTMumbai, 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
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RBI asks exporters to repatriate half their foreign exchange earnings
May 10, 2012, 11:12 PM ISTNew 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,
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RBI intervention stems steep Rupee fall
May 04, 2012, 06:59 PM ISTMumbai, 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
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Rupee ends flat at 52.54/55 vs dollar
Apr 27, 2012, 06:37 PM ISTMumbai, 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
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Rupee ends flat at 52.55/56 vs Dollar
Apr 26, 2012, 09:23 PM ISTMumbai, 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
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Rupee Down By 37 Paise Vs Dollar; Ends At 3-Mth Low
Apr 16, 2012, 08:18 PM ISTMumbai, 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
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Rupee Gains 28 Paise To 51.30/31 Against Dollar
Apr 13, 2012, 09:01 PM ISTMumbai, Apr 13: The rupee today rose by 28 paise to 51.30/31 against the American currency on fresh dollar selling by exporters and renewed capital inflows even as stock markets witnessed hectic selling.At the Interbank
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Rupee Up 15 Paise Vs Dollar
Apr 03, 2012, 06:39 PM ISTMumbai, Apr 3: Extending gains for the second straight day today, the rupee today gained 15 paise to close at 50.72/73 against the US dollar amid signs of fresh capital inflows.Forex dealers said sustained selling
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Rupee Gains 44 Paise To Close Below 50-Mark
Mar 09, 2012, 06:45 PM ISTMumbai, Mar 9: The rupee today gained 44 paise to close below the 50-mark at 49.84/85 against the US currency amid a surge in equity markets and sustained selling of the dollar by exporters and
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Rupee Down 3 Paise, Ends 2011 At 53.10/11 Vs Dollar
Dec 30, 2011, 08:29 PM ISTMumbai, Dec 30: The Indian rupee today shed a marginal three paise to settle a roller-coaster 2011 at 53.10/11 against the US dollar.Forex dealers said sluggish dollar overseas and sustained capital inflows restricted the rupee's
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Re Up 74 Paise, Closes At 2-Week High Of 51.46/47 Vs Dollar
Dec 01, 2011, 07:44 PM ISTMumbai, Dec 1: The rupee rose to nearly two-week high of 51.46/47 against the US dollar by gaining a smart 74 paise, buoyed by the rally in local stocks and expectations of more capital inflows.The
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Rupee Down By 18 Paise At 52.20/21 Against Dollar
Nov 30, 2011, 07:20 PM ISTMumbai, Nov 30: The rupee today declined by 18 paise to close at 52.20/21 against the US dollar on sustained demand from importers for the US currency amid signs of continued capital outflows.A late recovery
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Re Plunges To All-Time Low, But Rebounds To End At 52.29/30
Nov 22, 2011, 06:41 PM ISTMumbai, Nov 22: The Indian rupee today hit its all-time low of 52.73 intra day against the US dollar on sustained demand for the US currency from banks and importers, mainly oil refiners, amid signs
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Rupee At 32-Month Low Vs Dollar At 51.34/35
Nov 18, 2011, 08:34 PM ISTMumbai, Nov 18: The rupee today plunged to 32-month low of sub-51 level against dollar on persisting demand for the US currency from banks and importers.At the interbank foreign exchange market, the domestic currency closed
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Rupee Ends Up 5 Paise Vs Dollar At 50.12
Nov 11, 2011, 08:35 PM ISTMumbai, Nov 11: Recovering from its early losses, the rupee closed marginally higher by 5 paise at 50.12 against the US currency on fag-end selling of dollars by banks and exporters after the greenback weakened
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Rupee Up By 16 Paise Vs Dollar
Nov 04, 2011, 11:22 AM ISTMumbai, Nov 4: The Indian rupee was up by 16 paise at Rs 48.98 per US dollar in early trade today on persistent selling of dollars by banks and exporters due to weakness of the