On February 05, 2016 18:44 (IST)
After a day's breather, the rupee on Friday fell by 9 paise to 67.64 per dollar on fresh demand for the American currency from banks and importers.
On February 03, 2016 09:46 (IST)
After a brief spell of buying, the Dalal Street has come under renewed stress, with stock markets falling sharply for a second consecutive session on Wednesday. The Nifty slipped below the key 7,400 levels, while the Sensex traded below 24,500. Sanjeev Bhasin, executive vice chairman (markets & corporate affairs) of domestic brokerage IIFL says inv...
On February 01, 2016 12:39 (IST)
The rupee appreciated further from early gains and was trading higher by 14 paise against the US dollar to Rs 67.64 in late morning deals on Monday, on the back of sustained bouts of selling fo the American currency by banks and exporters amid rallying local equities.
On January 22, 2016 12:22 (IST)
The rupee appreciated further from early gains, up 30 paise to quote at 67.72 against the US currency in late morning deals on continued bouts of selling from banks and exporters amid higher local equities.
On January 22, 2016 10:03 (IST)
The rupee firmed up by 24 paise to trade at 67.78 against the US dollar in early trade at the Interbank Foreign Exchange on fresh selling of the American currency by exporters and banks.
On January 20, 2016 19:26 (IST)
With the rupee breaching the 68 mark against US dollar, the Finance Ministry on Wednesday said it is keeping a close watch, along with the Reserve Bank of India (RBI), on the domestic currency's movement and hoped that market volatility will stabilise soon.
On January 20, 2016 18:07 (IST)
The rupee on Wednesday fell over 50 paise to hit an intraday low of 68.17 per dollar, its lowest since September 2013, when the country was struggling with sluggish growth and high deficits.
On January 20, 2016 14:48 (IST)
The rupee fell to a more than two-year low on Wednesday, inching closer to a record low of 68.85 hit in August 2013, as a continued fall in global oil prices raised concerns about the global economy.
On January 17, 2016 11:59 (IST)
Asserting that the slide of the rupee was a good sign for India, Assocham on Sunday said the country must allow the currency to depreciate to help exports remain competitive.
On January 15, 2016 19:12 (IST)
With the rupee falling to 67.38 against US dollar, the Finance Ministry on Friday said it and the Reserve Bank of India are keeping a close watch on the currency movement and asserted that current account deficit will remain well under control.
On January 11, 2016 22:23 (IST)
The rupee ended lower by 18 paise to 66.81 against the US currency on fresh dollar demand from banks and importers in view of foreign capital outflows amidst a fall in equity market.
On January 11, 2016 09:33 (IST)
Indian markets fell sharply on Monday as Asian markets tumbled as another round of tepid data added to concerns about China's economy, which is already responsible for sparking a rout across global markets at the start of the year.
On January 08, 2016 19:29 (IST)
With China growth concerns spooking world financial markets, Finance Minister Arun Jaitley on Friday said domestic institutions needed to be strong and resilient to withstand global headwinds.
On January 08, 2016 19:05 (IST)
The rupee staged a smart recovery from three-week lows and gained 30 paise to end at 66.63 against the American currency on Friday following a heavy dollar selling by banks and exporters.
On January 08, 2016 08:14 (IST)
Indian markets fell sharply on Thursday amid a crash in China stocks. The Sensex tumbled over 500 points to below 25,000 while Nifty breached 7,600 - their lowest level in over three weeks. The rupee also fell to inch towards 67/dollar.
On January 07, 2016 12:09 (IST)
Indian markets fell sharply on Thursday amid a crash in China stocks. The Sensex tumbled over 450 points to below 25,000 while Nifty breached 7,600 - their lowest level in over three weeks. The rupee also fell to inch towards 67/dollar.
On January 07, 2016 10:58 (IST)
Indian markets fell sharply today amid a crash in China stocks. The Sensex tumbled over 300 points while Nifty plunged below 7,650.
On January 07, 2016 09:05 (IST)
Indian stocks markets are poised to open sharply lower amid a crash in China stocks. The Nifty futures trading on Singapore stock exchange was trading nearly 1 per cent lower, indicating a lower opening for Indian markets.
On January 06, 2016 20:10 (IST)
After a brief overnight calmer, the rupee once again turned shaky against the US dollar and closed at 66.82 - its lowest level in more than two-weeks - on the back of frantic demand for the American currency.
On January 05, 2016 15:43 (IST)
State-owned banks were likely selling dollars on behalf of the Reserve Bank of India (RBI) to cap losses for the local currency, three FX traders told Reuters.