On October 12, 2015 22:32 (IST)
The rupee is set to strengthen its gains towards 64.5 level against the dollar on the back of weakness in the American currency, ratings agency India Ratings said on Monday.
On October 07, 2015 17:29 (IST)
The Indian rupee on Wednesday closed at nearly two-month high of 64.98/dollar by rising 43 points. The rupee had closed at 65.41 yesterday.
On October 05, 2015 12:14 (IST)
China's devaluation of its yuan (renminbi) currency in August led to a sharp selloff in emerging market currencies and impacted equity markets across the globe. The Indian rupee also tumbled to its lowest in nearly two years amid fears of a currency war.
On October 01, 2015 16:43 (IST)
Indian banks are largely cushioned from the recent depreciation of the rupee as they are domestically funded in local currency, Standard & Poor's Ratings Services has said.
On October 01, 2015 14:43 (IST)
Investors increased bearish bets on most emerging Asian currencies in the last two weeks after Federal Reserve officials kept open the possibility of an interest rate hike in 2015 and as worries of a global economic slowdown lingered.
On September 29, 2015 18:36 (IST)
In line with equity market, the rupee on Tuesday ended nine paise higher at 65.96 against dollar on persistent selling of the US currency by banks and exporters amid sustained capital inflows.
On September 28, 2015 08:49 (IST)
Sashi Krishnan, chief investment officer (CIO) of Birla Sun Life Insurance, sees growth returning to the Indian economy after it grew 7 per cent in the June quarter.
On September 24, 2015 21:02 (IST)
Hit by month-end dollar demand from importers, the rupee on Thursday dropped by another 18 paise against the American currency to close at 66.16, extending losses for the fourth straight day, amid mixed global cues.
On September 23, 2015 19:27 (IST)
Continuing its fall for the third consecutive day, the rupee on Wednesday lost another 10 paise to settle at 65.98 per dollar on persistent demand for the American currency from banks and importers in view of heavy foreign capital outflows.
On September 23, 2015 19:17 (IST)
In recent months, global currencies including the Indian Rupee, have seen significant volatility amid global economic concerns.
On September 22, 2015 23:58 (IST)
The Reserve Bank of India will issue Rs 500 and Rs 1,000 bank notes with additional features to aid the visually impaired in identification.
On September 22, 2015 19:18 (IST)
Falling for the second consecutive day, the rupee on Tuesday lost another 15 paise against the US dollar to close at 65.88 on sustained demand for the American currency from banks and importers amid a massive fall in domestic equities.
On September 18, 2015 23:22 (IST)
After two massive successive falls when they cumulatively lost $6.322 billion, the foreign exchange reserves rose by a healthy $2.359 billion in the week to September 11, data from the Reserve Bank of India showed.
On September 18, 2015 14:29 (IST)
The BSE Sensex gained nearly 500 points, while the broader Nifty jumped around 150 points to near the key 8,050 levels on Friday. The Indian rupee strengthened against the dollar and bond prices rallied tracking the US Federal Reserve's overnight decision to hold interest rates near zero.
On September 15, 2015 09:31 (IST)
India's current account deficit is expected to remain "comfortable" in the current fiscal year even as it rose sequentially to $6.2 billion in the first quarter, says a report.
On September 04, 2015 15:39 (IST)
The People's Bank of China sent shockwaves through global financial markets on August 11 by devaluing the currency by nearly 2 per cent, triggering fears of a currency war.
On September 04, 2015 17:28 (IST)
Indian stocks markets sold off sharply on Friday with BSE Sensex falling over 2 per cent to hit 14-month lows.
On September 01, 2015 09:36 (IST)
BSE Sensex and Nifty are set to open lower after data released yesterday showed that Indian economy slowed in the June quarter.
On August 31, 2015 09:33 (IST)
Indian markets are likely to open lower today, tracking weak Asian markets. Uncertainty over Fed rate hike and concerns about China weighed on global markets today.
On August 28, 2015 23:02 (IST)
India's foreign exchange reserves rose by $920.6 million to $355.353 billion in the week to August 21, on account of higher foreign currency assets.