On November 27, 2015 10:18 (IST)
The Indian rupee tumbled in line with its Asian peers due to persistent risk-off sentiment on the back of broad dollar strength.
On November 26, 2015 18:49 (IST)
Domestic financial services major Edelweiss Group has tied up with UK-based Sun Global Investments to offer full service solutions in rupee fixed income markets -- primary and secondary -- as well as US dollar denominated Indian debt across UK, Europe and Asia.
On November 24, 2015 18:45 (IST)
The rupee rose by 15 paise to end at 66.32 against the US dollar on fresh selling of the American currency by banks and exporters on the back of a lower greenback in overseas markets.
On November 19, 2015 19:17 (IST)
Snapping its two-day losing streak against the American currency, the rupee recovered by 12 paise to close at 66.18 per dollar on fresh selling of the greenback by banks and exporters amid recovery in the equity market.
On November 16, 2015 22:20 (IST)
HPCL, IOC and Adani Ports and Special Economic Zone (APSEZ) will benefit the most from the rupee's depreciation as their dollar earnings are sufficient to more than offset the negatives of higher debt and capex in dollar terms, says a Fitch Ratings' report.
On November 07, 2015 00:08 (IST)
Reserve Bank of India Governor Raghuram Rajan on Friday said there is a "respectful relationship" between the central bank and the government, though the onus of taking monetary policy decision rests with the RBI.
On November 06, 2015 19:47 (IST)
The rupee closed almost flat at 65.76 against the US dollar on Friday, due to some demand for the American currency from banks and importers despite a steady greenback in the overseas market.
On October 29, 2015 13:30 (IST)
Indian companies will be exempt from paying capital gains taxes for their rupee-denominated bonds sold abroad in case of rupee appreciation, the government said in a statement on Thursday.
On October 28, 2015 18:33 (IST)
Snapping its two-day losing streak, the rupee on Wednesday recovered by 4 paise to close at 64.93 per dollar on fag-end selling of the American currency by banks and exporters amid a lower greenback overseas.
On October 27, 2015 18:59 (IST)
In a choppy trade, the rupee ended barely steady against dollar at 64.97 at the interbank foreign exchange market.
On October 26, 2015 19:24 (IST)
In line with the equity market, the rupee ended 13 paise lower at 64.96 against dollar on month-end demand for the American currency from importers.
On October 23, 2015 18:38 (IST)
Breaking its two-day losing streak, the rupee gained by 29 paise to 64.83 against the US dollar on fresh selling of the American currency by banks and exporters in view of recovery in equity markets.
On October 21, 2015 18:24 (IST)
Extending losses for the second straight session, the rupee on Wednesday fell by another 7 paise to end at 65.12 against the US dollar on persistent demand for the American currency from banks and importers despite sustained foreign capital inflows.
On October 19, 2015 19:40 (IST)
Continuing its rising streak for the fourth straight session, the rupee on Monday ended marginally higher against the American currency at 64.80 on selling of dollars by banks and exporters in view of firm trend in equity market.
On October 14, 2015 20:55 (IST)
Snapping its two-day losing streak, the rupee on Wednesday regained by 15 paise to close at 65.03 per dollar on fresh selling of the American currency by banks and exporters on the back of weakness in the greenback overseas.
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.