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Mumbai,
Wednesday, May 15, 2013
A strong dollar weighed on rupee but the local currency managed to erase early losses and settle 3 paise higher at 54.78, amid signs of massive capital inflows.
The rupee commenced weak a...
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Mumbai,
Wednesday, May 15, 2013
The rupee on Wednesday rose by five paise to 54.76 against the dollar in early trade at the Interbank Foreign Exchange on selling of the US currency by exporters.Besides, a higher opening i...
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Mumbai,
Tuesday, May 14, 2013
The rupee on Tuesday lost eight paise to 54.81 against the dollar in early trade on the Interbank Foreign Exchange market due to higher demand of the US currency from banks and importers. Fo...
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Mumbai,
May 13, 2013
The rupee on Monday lost 15 paise to hit a fresh over one-month low at 54.95 against the dollar in early trade on the Interbank Foreign Exchange market due to appreciation of the U.S. currency agai...
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Mumbai,
May 2, 2013
The rupee on Thursday snapped its last two days of gain against the American currency and ended marginally down by one paise at 53.81 per dollar on fresh dollar demand from importers amid firm dol...
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April 27, 2013
The World Bank reported recently that remittance flows to developing countries had crossed the $400 billion mark in 2012. With 215 million international migrants across the world, a majority of wh...
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New Delhi,
April 24, 2013
Finance Ministry has opposed creation of a $10 billion Sovereign Wealth Fund (SWF) to acquire oil and gas and fertiliser assets abroad, saying the country did not have sufficient foreign currency...
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Mumbai,
April 23, 2013
The rupee on Tuesday lost 21 paise to Rs 54.35 against the US dollar in early trade on the Interbank Foreign Exchange due to appreciation of the American currency against euro overseas.Incre...
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Mumbai,
April 10, 2013
The rupee on Wednesday rose by 14 paise to 54.44 against the dollar at the Interbank Foreign Exchange market on selling of the US currency by exporters and banks. Forex dealers said a higher...
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MUMBAI,
April 6, 2013
After two consecutive weeks of increase, the country’s foreign exchange reserves fell by $720.3 million to $292.65 billion during the week ended March 20, on a slip in the core currency assets, th...
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Mumbai,
April 4, 2013
Tracking weak stock market, the rupee on Thursday extended its losing run by plunging 44 paise to one-month low of 54.87 on US dollar demand and heavy capital outflows.
At the Interbank F...
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Mumbai,
March 13, 2013
After touching a two-week high in early trade, rupee on Wednesday closed 12 paise lower against the US dollar at 54.30 due to fall in local stock markets and renewed dollar demand from importers....
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Mumbai,
March 8, 2013
Continuing its upward march for the third straight day, the rupee on Friday jumped by 28 paise to settle at over one-week high of 54.28 on robust capital inflows and sustained dollar selling by ex...
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Mumbai,
May 8, 2013
The rupee on Wednesday closed down by a marginal two paise at 54.16 against the dollar due to fag-end demand for the US currency on reports of defence-related payments.
“Dollar demand for...
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Mumbai,
April 30, 2013
The Reserve Bank of India on Tuesday fixed the reference rate of rupee for the US dollar at 54.2190 and the Euro at 70.9775 as against 54.2770 and 70.9030 on Monday.
In a press release is...
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Mumbai,
April 25, 2013
The rupee appreciated by 14 paise to 54.24 against the US dollar in early trade at the Interbank Foreign Exchange on Thursday on increased selling of the American currency by exporters.Stren...
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Mumbai,
April 23, 2013
Heavy dollar demand from banks and importers on Tuesday pulled down the rupee by 24 paise to end at 54.38, extending losses for the second straight session.
However, a stable stock market...
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Mumbai,
April 22, 2013
The rupee on Monday lost 8 paise to 54.04 against the US dollar in early trade on the Interbank Foreign Exchange due to appreciation of the American currency against other Asian currencies oversea...
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Mumbai,
April 8, 2013
The rupee edged higher by 8 paise to 54.73 against the US dollar in early trade at the Interbank Foreign Exchange on Monday on increased selling of the American currency by exporters and banks....
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Mumbai,
April 5, 2013
The rupee on Friday gained seven paise to 54.80 against the dollar in early trade at the Interbank Foreign Exchange on increased selling of the U.S. currency by exporters.The local currency...
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Mumbai,
April 2, 2013
The rupee fell by 5 paise to Rs. 54.34 against the American currency on the Interbank Foreign Exchange in early trade on Tuesday in line with weak local equities.Dealers said besides dollar...
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Mumbai,
March 11, 2013
The rupee on Monday lost 22 paise to 54.50 against the dollar in early trade on the Interbank Foreign Exchange due to strengthening of the US currency overseas. The local unit had gained 28...
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Mumbai,
March 8, 2013
The rupee on Friday strengthened by 10 paise to Rs. 54.46 against the U.S. dollar, extending its rising streak for the third day, on the Interbank Foreign Exchange (Forex) market in the early trad...
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