- Apr26By PTI
Rupee weakened by 17 paise to 66. 79 against the US dollar in early trade at the Interbank Foreign Exchange market on sustained demand for the American currency from banks
- Apr20By PTI
Rising for the second straight day the rupee on Wednesday advanced by another 33 paise to close at 66. 22 on sustained selling of US dollars by banks and
The rupee volatility related to around $30 billion of foreign currency non-resident (FCNR) bank deposits maturing in September will be tackled by healthy forex reserve position, the Reserve Bank of
- Mar03By PTI
The rupee rose for the fifth straight session to close at a fresh 7-month high of 67. 34 strengthening by another 20 paise on sustained selling of dollars by
- Mar02By PTI
Continuing its upward march for the fourth consecutive day, the rupee on Wednesday surged by another 31 paise to end at a nearly seven-week high of 67.54 on persistent
- Feb11By PTI
The rupee on Thursday plummeted by 45 paise to end at an over 29-month low of 68. 30 a dollar on fresh demand for the US currency from banks and
- Jan20By PTI
The rupee tumbled 30 paise to trade over 28-month low at 67. 95 against the dollar in early trade on Wednesday mainly due to strong demand for the American
The rupee touched the lowest level in two years on mid-month dollar demand from importers and banks, and a global sell off spurred outflows from the domestic equity market.
After its recent intervention in the exchange-traded currency futures markets, the Reserve Bank of India (RBI) seems to be wanting more control over the market to check rupee volatility.
Ignoring US Fed rate hike and resultant strengthening of dollar in overseas markets, the rupee on Thursday rose to by 31 paise to its three-week high of 66.44 against