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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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,
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
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
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
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
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