On September 16, 2014 08:45 (IST)
With Federal Reserve poised to indicate monetary stance in next few days, emerging market currencies are seeing stress with Indian rupee also trading above 61.
On September 12, 2014 20:06 (IST)
India's foreign exchange reserves dipped by $1.327 billion to $317.313 billion in the week ended September 5 on a slide in the currency assets and gold stockpile, the Reserve Bank (RBI) said on Friday.
On September 12, 2014 18:00 (IST)
The rupee posted its biggest single-day gain in nearly a month on Friday as custodian banks and corporates sold the greenback aggressively, although broader sentiment remained cautious ahead of key events, including retail inflation later in the day.
On September 10, 2014 17:27 (IST)
The Reserve Bank of India (RBI) bought a net $5.45 billion in the spot foreign exchange market in July, sharply higher than the $597 million in June, data in a bulletin released by the apex bank on Wednesday showed.
On September 09, 2014 17:48 (IST)
The rupee saw its biggest single-day decline in more than a month on Tuesday as investors covered short dollar positions following a Federal Reserve study, while losses in the domestic share market also hurt sentiment.
On September 06, 2014 13:43 (IST)
India's foreign exchange reserves surged by $60.5 million to $318.64 billion during the week ended August 29 as foreign currency assets rose, the Reserve Bank (RBI) said.
On September 05, 2014 15:27 (IST)
The rupee will likely stagnate over the next year as a US dollar rally gathers steam and the Indian economy at best chugs along, while the Chinese yuan will probably appreciate a little, a Reuters poll found.
On September 04, 2014 13:20 (IST)
Maruti, over 56 per cent-owned by Suzuki, currently pays royalties in yen for use of technical know-how and its Japanese parent brand name. The company paid Rs 2,486 crore ($412 million), or nearly 6 per cent of its net sales, in royalties for the ye...
On September 03, 2014 17:48 (IST)
The rupee hit a five-week high and snapped a four-day losing streak on Wednesday as risk was back in favour after Ukraine and Russia agreed on a 'permanent ceasefire' helping local shares hit record highs yet again.
On September 03, 2014 13:43 (IST)
Most traders cited a Japanese bank's dollar-selling as the main reason for the Indian unit's gain. Other foreign banks also stepped in to sell the greenback following the Japanese bank, they added.
On September 02, 2014 17:48 (IST)
The rupee weakened for a fourth consecutive session on Tuesday, dropping the most in three weeks, tracking weaker Asian currencies amid caution ahead of key events including a European Central Bank meeting and US monthly jobs data.
On August 29, 2014 20:54 (IST)
Indias foreign exchange reserves declined by $810.7 million to $318.579 billion for the week ended August 22 on account of a drop in foreign currency assets.
On August 28, 2014 17:50 (IST)
Although foreign investors have remained buyers of Indian shares and bonds through the year, some concerns are emerging about whether the trend can continue, especially since they have now almost reached their purchasing limit in debt markets.
On August 28, 2014 15:48 (IST)
The rupee is trading at 60.37/38 versus its previous close of 60.45/46. The Indian unit's gains are likely to be limited by month-end dollar demand from importers.
On August 28, 2014 00:14 (IST)
Bond sale by non-financial sector firms is seen on course to touch a record $14 billion this year, helped by improved investment climate which has increased investor appetite for Indian papers and sliding hedging costs on the back of a strong rupee, ...
On August 26, 2014 18:27 (IST)
The rupee rose on Tuesday, tracking gains in other Asian currencies, although broader gains were curbed by concerns about the wider economic impact after the country's top court ruled coal blocks awarded since 1993 were illegal.
On August 25, 2014 17:52 (IST)
The rupee fell on Monday, retreating from a three-week high hit last week, as the dollar gained after Federal Reserve Chair Janet Yellen was seen as more hawkish than her European counterpart at a central bankers' meeting.
On August 24, 2014 14:04 (IST)
The sustained weakness in oil, strength in the rupee and improving economic indicators all saw strength returning in the Indian bourses.