Rupee is Highly Overvalued at 68/Dollar: A V Rajwade
Jan 20, 2016
Forex Losses Weighed on Q2: Sharda Cropchem
Nov 05, 2015
Maruti Suzuki India Management on Q2 Earnings
Oct 27, 2015
On April 26, 2017 10:04 (IST)
Forex dealers said that apart from weakness in the dollar against other currencies overseas, foreign fund inflows and a higher opening in the domestic equity market supported the rupee.
On April 25, 2017 19:37 (IST)
The rupee continued its firming trend to log a near 21-month high of 64.26, by surging 18 paise against the US currency on Tuesday.
On April 18, 2017 19:14 (IST)
The rupee fell for a second day as sluggish domestic equities along with continued selling by foreign investors kept pressure on the domestic currency.
On April 16, 2017 12:19 (IST)
From April 16, 2017, petrol prices in four metros will be Rs 68.07 per litre in Delhi, Rs 70.66 in Kolkata, Rs 74.42 in Mumbai and Rs 71.16 in Chennai. Also, diesel rates will be Rs 56.83 in Delhi, Rs 59.09 in Kolkata, Rs 62.57 in Mumbai and Rs 60.16 in Chennai.
On April 13, 2017 10:06 (IST)
Besides, weakness of the dollar against other currencies overseas supported the rupee, forex dealers said.
On April 07, 2017 21:40 (IST)
Analysts attribute the rupee's gains to the RBI's decision in two policy reviews this year to keep repo rate unchanged.
On April 06, 2017 18:37 (IST)
The benchmark 10-year bond yield rose 12 basis points to 6.77 percent, its biggest single-day rise since the previous RBI policy on Feb. 8.
On April 05, 2017 19:18 (IST)
Robust foreign portfolio investment inflows and export proceeds continued to give the rupee strong underlying support, despite relatively firm greenback overseas.
On April 03, 2017 18:42 (IST)
Buoyant dollar overseas predominantly impacted trading sentiment, though robust capital flows into equities and debt largely cushioned the fall.
On March 31, 2017 19:07 (IST)
This is the highest closing of the rupee since October 23, 2015, when it had closed at 64.83.
On March 31, 2017 13:25 (IST)
The rupee climbed 0.2 percent to 64.8175 per dollar in Mumbai Friday, taking its gain this month to 2.9 percent. The three-month advance is the biggest for any quarter since the period ended September 2012.
On March 30, 2017 17:09 (IST)
The gains have been more pronounced since February 8, the day the RBI in a surprise move decided to keep interest rate unchanged and also signalled a change in its policy stance from "accommodative" to "neutral" .
On March 28, 2017 17:13 (IST)
The creation of virtual currencies like Bitcoins as a medium of payments is not authorised by RBI Arjun Ram Meghwal, Minister of State for Finance said.
On March 27, 2017 19:18 (IST)
Heightened volatility in greenback characterised foreign exchange market sentiment following the failed passage of the US healthcare reform through the US Congress last weekend.
On March 27, 2017 14:18 (IST)
Rupee also gained from strong $6.1-billion foreign investment into debt and equities this month.
On March 26, 2017 20:22 (IST)
The rupee is trading at around 65.40 as against 67.90 in the beginning of January.
On March 24, 2017 19:50 (IST)
Foreign portfolio investors (FPIs) bought shares worth a net Rs 1,094.44 crore yesterday, as per stock exchanges data.
On March 21, 2017 19:14 (IST)
A weak dollar in overseas markets largely supported the upmove despite a sell-off in local stocks.