On September 30, 2016 19:08 (IST)
Forex dealers said apart from selling of the American currency by exporters and banks, expectations of strong capital inflows coming into the country in the long-run due to strong economic fundamentals largely supported the rupee.
On September 30, 2016 12:25 (IST)
Foreign holdings of Indian government and corporate notes jumped by the most in two years Wednesday, amid speculation the surge resulted from the inclusion of funds raised through masala bonds.
On September 29, 2016 17:12 (IST)
Reversing a positive trend in the morning, Indian markets fell sharply after the Army today said it had conducted surgical strikes against terrorists across the Line of Control on Wednesday night.
On September 20, 2016 19:24 (IST)
The rupee turned weaker after two straight days of gains and ended below the key 67 mark in a nervous trading session on Tuesday amid uncertainty over the Federal Reserve's action on interest rate.
On September 16, 2016 18:51 (IST)
After a brief overnight fall, the rupee gained ground against the dollar and ended 5 paise higher at 66.97 on improvement in trade deficit data and easing fears of rate hike by the Federal Reserve.
On September 16, 2016 13:14 (IST)
The rupee which is currently hovering around 67 per dollar level is expected to shift from a depreciation path to a consolidative trend over the next 12 months, says a DBS report.
On September 16, 2016 10:16 (IST)
The rupee firmed up 16 paise to 66.86 against the dollar in early trade on fresh selling of the US currency by exporters and banks amid a higher opening in the domestic equity market.
On September 14, 2016 09:55 (IST)
Extending losses for the third day, the rupee dropped by another 7 paise to 66.99 against the US dollar in early trade at Interbank Foreign Exchange market as the American currency strengthened overseas.
On September 12, 2016 20:26 (IST)
The rupee continued its downtrend for a second straight day, depreciating by 24 paise to end at 66.92 against the US dollar on Monday, on sustained demand for the American currency amid nervousness over the outlook for the US monetary policy.
On September 12, 2016 14:36 (IST)
Global financial services major HSBC has revised year-end forecast for the Indian rupee to 66 against the US dollar from 69, citing "improved domestic backdrop" and said the domestic currency will steadily strengthen against the dollar.
On September 12, 2016 12:59 (IST)
Rupee depreciation between July 2015 and July 2016 has been equal to the rate of Consumer Price Index (CPI) giving no advantage to the exporters on exchange rate whereas the cost of production and transactions had risen, an exporters body said.
On September 09, 2016 19:26 (IST)
In line with domestic stock market, the rupee on Friday tumbled by 26 paise to end at 66.68, posting its biggest single-day drop in five weeks, on renewed demand for the American currency from banks and importers.
On September 08, 2016 09:55 (IST)
The rupee weakened 12 paise to 66.49 against the US dollar in early trade, snapping its six-session gaining spree at the Interbank Foreign Exchange on fresh demand for the American currency from banks and importers.
On September 06, 2016 15:42 (IST)
Bulls on the Dalal Street took Nifty to 8,900 today for the first time in 18 months. The rupee also hit a four-month high of 66.51 against the dollar.
On September 02, 2016 19:12 (IST)
The rupee continued its stellar performance against the US currency for the fourth straight day on Friday ending higher by 13 paise at 66.82 on heavy dollar selling.
On September 01, 2016 19:37 (IST)
The Chinese yuan is expected to weaken more than previously thought in a year from now, as will the rupee, as a slowdown in growth in Asia and rising chances of a near-term interest rate hike in the US boost the dollar, a Reuters poll found.
On September 01, 2016 18:59 (IST)
The rupee on Thursday gained a paisa against the US dollar to end at 66.95, extending its winning streak to the third straight session despite weak macroeconomic data.
On September 01, 2016 10:02 (IST)
The rupee depreciated 10 paise to 67.06 against the US dollar in early trade on fresh demand for the American currency from importers amid weak growth data for April-June quarter.