• Sep
    22
    By Press Trust of India

    Indian currency emerged as the worst performer among its global peers with a fall of 8. 7 per cent last month owing largely to economic slowdown and poor investor

  • Sep
    19

    In one of the biggest rallies in recent times, the rupee gained 160 paise against the dollar to reach its highest level in nearly five weeks on Thursday following the

  • Sep
    16

    The rupee rallied to a one-month high against the dollar to close at 62. 83 on Monday following speculation that foreign currency non-resident (banks) accounts would now attract huge dollar

  • Sep
    08

    Though the rupee appreciated by 3. 5 per cent in three sessions after Raghuram Rajan took over as RBI governor on September 4 the coming weeks are likely to

  • Aug
    29

    The Reserve Bank of India (RBI) intervened in the forex market, sharply reversing the downward spiral of the rupee on Thursday. The rupee made a dramatic recovery, closing at

  • Aug
    28

    Prevailing geopolitical risks, the demand for dollars and exporters retaining their dollar hoard abroad conspired to mount more pressure on the rupee, pushing it further down into a bottomless pit.

  • Aug
    27

    The rupee plunged further on Tuesday to touch 66. 25 to the dollar it’s lowest till date breaching the earlier trough of 65

  • Aug
    25

    External events will continue to influence the rupee in the medium term. However as the government embarks on a credible path to fiscal consolidation the currency is

  • Aug
    22

    The rupee continued to be battered and touched another low of 65. 56 to a dollar on Thursday

  • Aug
    21

    The rupee continued to be under pressure and plummeted to 64. 54 to a dollar in intra-day trade on Wednesday but managed to recover somewhat to close at 64