On June 24, 2016 09:07 (IST)
Indian stock markets and the rupee are likely to open gap down, tracking huge volatility in global financial markets today. The British pound sank over 9 per cent, its biggest fall in living memory as Brexit vote led in UK referendum. A vote for Brexit will unleash volatility not seen in a quarter of a century, analysts say.
On June 23, 2016 19:11 (IST)
It also affirmed its preliminary 'BBB-' long-term issue rating on the company's proposed issuance of Indian rupee-denominated senior secured notes.
On June 22, 2016 19:09 (IST)
Dismissing doomsday theories, industry body CII on Wednesday said the exit of RBI Governor Raghuram Rajan will not cause a panic reaction as the Indian economy is very strong and robust.
On June 22, 2016 12:56 (IST)
The Reserve Bank of India said on Wednesday it is monitoring developments ahead of Britain's referendum on whether to leave the European Union and would step in as needed to ensure order in financial markets.
On June 21, 2016 12:22 (IST)
The domestic unit yesterday ended lower by 23 paise to close at an over two-week low of 67.31 on heavy bouts of dollar demand.
On June 21, 2016 11:51 (IST)
The Indian rupee slumped as investors reacted to the news that Reserve Bank of India Governor Raghuram Rajan will return to academia in early September.
On June 20, 2016 18:09 (IST)
India's rupee fell to a near one-month low on Monday after Reserve Bank of India governor Raghuram Rajan, whose reforms have been credited for much of the economy's success in recent years, announced he would quit when his term ends in September.
On June 20, 2016 13:38 (IST)
Indian equity and forex markets underperformed their global peers on Monday, following Reserve Bank Governor Raghuram Rajan's surprise announcement to not seek a second term.
On June 19, 2016 09:19 (IST)
Indian markets are set to open lower on Monday after Reserve Bank of India (RBI) Governor Raghuram Rajan unexpectedly said he would step down in September, though the central bank is likely to step in to support the rupee, analysts and traders said.
On June 14, 2016 18:54 (IST)
Continuing its weakening trend for a fourth straight session, the rupee on Tuesday fell by 13 paise to end at 67.27 per dollar on Tuesday, on persistent demand for the American currency from banks and importers on the back of a higher greenback in the overseas market.
On June 12, 2016 12:32 (IST)
The rupee could turn volatile due to possible dollar shortages when NRIs redeem a large chunk of FCNR (B) deposits held in Indian banks, economists say.
On June 08, 2016 23:19 (IST)
Continuing its gains against the US dollar for a fifth trading session, the rupee on Wednesday firmed up by another 12 paise to close at a four-week high of 66.65 against the American currency, on sustained selling of the greenback by banks and exporters amid persistent foreign capital inflows.
On June 06, 2016 18:30 (IST)
Extending gains against the American currency for a third straight session, the rupee firmed up by 28 paise to close at a three-week high of 66.97 per dollar on Monday, on sustained selling of the greenback by exporters on the back of strong foreign capital inflows.
On June 02, 2016 22:36 (IST)
The rupee made a smart recovery against the US currency after falling for three straight days, and ended 16 paise higher at 67.29 against the US dollar on Thursday, on fresh bouts of selling of the American currency by banks and exporters.
On June 02, 2016 14:31 (IST)
Indian shares edged lower on Thursday, heading for a second session of declines in eight, as a stronger rupee hit exporters and investors booked profits after indexes rose to the highest since late October during the week.
On June 01, 2016 19:06 (IST)
The rupee continued its fall for a third day against the US currency, settling 19 paise lower at 67.45 on Wednesday, on sustained demand for the dollar despite robust macro data.
On May 31, 2016 18:42 (IST)
Falling for a second straight day, the rupee on Tuesday lost 10 paise against the US dollar to settle at 67.26 per dollar due to sustained demand for the American currency from banks and importers.
On May 30, 2016 17:52 (IST)
The Reserve Bank of India (RBI) has capped weekly dollar purchases by oil refiners to pay off their debts to Iran in order to avoid pressure on the rupee, three sources said on Monday.
On May 29, 2016 20:09 (IST)
Foreign investors pulled out close to Rs 6,000 crore from the Indian debt market in May after pumping in huge money in the preceding month.
On May 24, 2016 15:55 (IST)
The Sensex and Nifty edged lower in the opening deals on Tuesday tracking weakness in Indian rupee against the US dollar.