On October 22, 2014 17:49 (IST)
The rupee ended flat on Wednesday, as gains in shares amid hopes for more economic reforms from the Narendra Modi government were offset by caution ahead of a long weekend.
On October 14, 2014 17:57 (IST)
The rupee slumped on Tuesday, retreating from a nearly three-week high hit earlier in the day as growing worries about global economic growth sparked a recovery in the dollar, offsetting data showing sharply easing domestic inflation.
On October 13, 2014 17:54 (IST)
The rupee started the week on a winning note after stronger-than-expected China trade data lifted risk appetite for emerging market assets by easing some of the recent concerns about the global economy.
On October 11, 2014 16:12 (IST)
Continuing their downward trend for the fifth consecutive week, India's foreign exchange reserves plunged by $2.754 billion to $311.427 billion in the week to October 3, led by a major fall in non-US currency assets, data from the Reserve Bank of Ind...
On October 11, 2014 13:25 (IST)
After remaining a net purchaser of the US currency for the first four months of the current fiscal year (2014-15), the Reserve Bank of India (RB) sold $511 million in August from the spot market.
On October 10, 2014 17:24 (IST)
The rupee fell on Friday, snapping four sessions of gains as tumbling global markets raised fears about foreign investments while caution also prevailed ahead of key inflation data due next week.
On October 08, 2014 23:34 (IST)
The Reserve Bank of India (RBI) on Wednesday said it will conduct open market operations (OMOs) on Monday to sell government securities worth Rs 10,000 crore.
On October 08, 2014 17:57 (IST)
The rupee gained for a third straight session on Wednesday, largely on the back of heavy foreign fund buying of domestic debt while the International Monetary Fund's upward revision in the country's growth outlook also aided sentiment.
On October 07, 2014 18:16 (IST)
The rupee rose to a more than one-week high on Tuesday on bunched-up dollar inflows following a five-day weekend but losses in the domestic share market and demand for the greenback from importers prevented further gains.
On October 06, 2014 17:04 (IST)
Precious metals seem to have joined the global downturn in commodity prices, with gold tumbling to its lowest level in 15 months on Monday. The fall in commodity prices augurs well for the Indian economy and for also for corporate earnings.
On October 03, 2014 21:44 (IST)
Falling for the fourth week in a row, India's foreign exchange reserves fell by $1.415 billion to $314.181 billion in the week to September 26 on account of a hefty drop in non-US currency assets.
On October 01, 2014 14:58 (IST)
The Indian rupee fell 2.1 per cent in September 2014 in its worst monthly decline since an 8.8 per cent plunge in August 2013. Though the rupee is still up 11.5 per cent since its record low of 68.85 per dollar in August 2013, recent weakness has led...
On September 30, 2014 18:14 (IST)
The rupee fell on Monday, posting its worst month since the record low levels of August 2013, as the dollar continued to strengthen against emerging market currencies over growing bets for an early hike in US interest rates.
On September 29, 2014 18:11 (IST)
The rupee fell on Monday in a volatile session after an upward revision in US quarterly growth data raised concerns about earlier-than-expected interest rate hikes there, while caution also prevailed ahead of the Reserve Bank of India's policy review...
On September 25, 2014 18:35 (IST)
The rupee hit its lowest level in one-and-a-half months on Thursday, weighed down by a sharp fall in the domestic share market and demand for the greenback from importers, but the Reserve Bank of India (RBI) stepped in to limit further losses.
On September 23, 2014 16:55 (IST)
The International Finance Corp (IFC), the World Bank's private sector arm, is in talks with Indian regulators on selling another $2 billion in rupee-denominated bonds overseas, signalling strong foreign interest in gaining exposure to the country.
On September 23, 2014 16:50 (IST)
The sensitivity of Asian currencies including the rupee against the dollar has "fallen" this year and the Indian currency is expected to end 2014 at 61 despite strength in the greenback, according to a report by Bank of America-Merrill Lynch.
On September 19, 2014 17:44 (IST)
The rupee rose for a fourth consecutive session on Friday, boosted by strong foreign fund flows into markets, although the local currency fell against the dollar for the week, in line with losses in other emerging Asian currencies.