On May 21, 2015 19:15 (IST)
The rupee on Thursday ended 18 paise higher at 63.64 against the US dollar on fresh selling of the American currency by banks and exporters amidst weakness of the greenback in overseas markets.
On May 21, 2015 23:56 (IST)
The Reserve Bank of India (RBI) is working to liberalise its foreign exchange rules to make it easier to do business with Asia's third-largest economy, Deputy Governor H R Khan said on Thursday, a step that could support flagging exports.
On May 20, 2015 18:05 (IST)
Washing out overnight gains, the rupee on Wednesday closed 15 paise lower at 63.82 against the US dollar on fresh demand for the greenback from importers amidst a firm American currency in the overseas market.
On May 19, 2015 23:40 (IST)
The depreciation of the rupee is due in part to the US dollar's strength and it has fallen less, and in a less volatile fashion, than other currencies, Reserve Bank of India Governor Raghuram Rajan said on Tuesday.
On May 15, 2015 22:48 (IST)
Most emerging Asian currencies rose on Friday to see weekly gains on growing expectations the Federal Reserve will delay interest rate hikes after soft economic data.
On May 15, 2015 22:54 (IST)
India's foreign exchange reserves increased by $262.4 million to touch a new life-time high of $352.131 billion in the week to May 8 on account of a rise in foreign currency assets, the Reserve Bank of India (RBI) said.
On May 15, 2015 19:28 (IST)
Continuing its rising trend for a third straight day, the rupee on Friday rose by another 14 paise against the US dollar to close at 63.51 on sustained selling of dollars by banks and exporters amid gains in equities.
On May 14, 2015 14:34 (IST)
India on Wednesday approved the sale of shares in state-run oil refiner Indian Oil Corp and power producer NTPC as part of its plan to raise $11 billion from asset sales this financial year.
On May 12, 2015 13:02 (IST)
Indian stock markets fell sharply on Tuesday, with the BSE Sensex falling 506 points to 27,000. The broader Nifty slipped 134 points and the rupee corrected over 0.5 per cent to 64.24. The decline in stock markets comes after two days of gains which ...
On May 08, 2015 18:56 (IST)
Snapping its five-session-long losing streak, the rupee on Friday gained 29 paise to 63.94, recovering from a 20-month low against the American currency on fresh selling of dollars by banks and exporters amid rebound in equities.
On May 08, 2015 17:06 (IST)
Indian stock markets rebounded sharply on Friday, with the BSE Sensex gaining 506 points and the broader Nifty rising 134 points. The rupee also rebounded from 20-month lows and hovered around 64 per dollar. The Sensex closed at 27,105, while the Nif...
On May 08, 2015 08:52 (IST)
Indian stock markets and the rupee are likely to open higher on Friday tracking gains across global markets and on the back of some positive news on the tax row that has triggered capital outflows from the stock and bond markets.
On April 24, 2015 19:00 (IST)
The Indian rupee hit a low of 63.50 per dollar on Friday, a level last witnessed in January 7, 2015. Over the last week, the rupee has shed nearly 1.4 per cent; it is now headed for its biggest weekly loss this year.
On April 22, 2015 16:23 (IST)
Indian Railways Finance Corp, the finance arm of Asia's largest rail network, plans to raise up to $1 billion through offshore rupee bonds, making it the first domestic issuer to eye so-called "masala" debt to diversify its source of funds.
On April 22, 2015 14:33 (IST)
Indian rupee slipped past the 63 levels against the US dollar for the second day in a row amid selling pressure in equities.
On April 21, 2015 21:09 (IST)
The rupee recovered from an over three-month low of 63.15 in early trade on Tuesday, on dollar selling by banks to settle six paise higher at 62.85 against the US currency.
On April 19, 2015 15:42 (IST)
Aiming to reduce rupee volatility on account of higher inflows and increase forex reserves to cushion any external shock, the Reserve Bank of India (RBI) bought the highest amount of dollars, after a gap of seven years, at $49.2 billion in April-Febr...
On April 16, 2015 23:38 (IST)
The rupee's stability reflects the strength of the Indian economy and the currency should be able to withstand possible international events such as a rate hike by the Federal Reserve, Finance Minister Arun Jaitley said on Thursday.
On April 13, 2015 19:59 (IST)
The rupee continued its downslide for the second session in a row, depreciating by 20 paise to close at an over one-week low of 62.51 against dollar following sustained demand for the greenback from importers amid strong overseas demand.
On April 11, 2015 15:56 (IST)
India's foreign exchange reserves increased by $1.62 billion to $343 billion for the week ended April 3, Reserve Bank of India data showed.