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Exchange rate reflecting true value of rupee: Chidambaram

Last Updated: Thursday, November 21, 2013, 17:20

Volatility and speculation have been largely contained in the currency market and it is reflecting the true value of the rupee, Finance Minister P Chidambaram said on Thursday.

ADB warns of asset price bubbles risk

Last Updated: Monday, March 18, 2013, 14:49

The Asian Development Bank (ADB) warned Monday of risk of asset price bubbles as local currency bond markets in East Asia expanded by 12.1 percent last year.

Rupee plunges by 36 paise to Rs 54.56 against dollar

Last Updated: Thursday, November 08, 2012, 10:20

The rupee had appreciated by a robust 23 paise to close at 54.20 yesterday.

Rupee gains 54 paise; claws back to 55-level Vs dollar

Last Updated: Friday, June 01, 2012, 10:00

Moving up for the second straight day, the rupee on Friday gained a whopping 54 paise to end at 55.54 against the dollar on persistent dollar-selling by exporters amid RBI hinting at opening a separate dollar window for oil firms.

Rupee weakens after 3-day rally, down 49 paise vs dollar

Last Updated: Tuesday, May 29, 2012, 10:24

After three days of relief rally, the rupee on Tuesday came under pressure touching a low of 55.88 on heavy month-end dollar buying by oil companies amid the US dollar gaining strength globally but RBI intervention helped the domestic currency finally close 49 paise lower at 55.67.

Rupee rises for 2nd day; RBI action helps unit gain 27 paise

Last Updated: Friday, May 25, 2012, 13:25

Rising for second day in a row, the rupee on Friday gained 27 paise to close at 55.37 against the dollar after RBI intervened on currency breaching the 56-level in early trade.

No respite for rupee, slumps to new record low of 56.38 Vs dollar

Last Updated: Thursday, May 24, 2012, 09:45

The rupee slumped to a fresh low of 56.38 against US dollar in early trade Thursday, extending its losses for the seventh day as RBI's multiple attempts to prop up the currency did not have the much impact with fund outflows intensifying on renewed Greece concerns.

Rupee free-fall continues, hits new low of 56.22 Vs dollar

Last Updated: Wednesday, May 23, 2012, 10:37

The rupee slumped to a fresh low of 56.22 on Wednesday but closed at 56 against the dollar, extending its losses for the sixth day.

No end to rupee's free-fall; hits new low of 55.47 vs dollar

Last Updated: Tuesday, May 22, 2012, 16:00

Continuing its free-fall for the fifth day in a row, rupee set a new low of 55.47 before ending at 55.39 against the dollar.

Rupee stages recovery after touching new low of 55.07

Last Updated: Tuesday, May 22, 2012, 10:29

The Indian rupee recovered by four paise to 54.99 after touching all-time low of 55.07 against the American currency in early trade due to mild selling of dollars by banks following following measures taken by RBI to curb the local currency's fall.

Rupee recovers from record low, up 29 paise against dollar

Last Updated: Thursday, May 17, 2012, 10:07

The rupee had plunged against the US dollar to a historic low of 54.56 before closing at 54.50 in yesterday's trade, the lowest closing ever.

Rupee at historic low levels; govt says don't panic

Last Updated: Wednesday, May 16, 2012, 13:53

The rupee on Wednesday plunged against the the dollar to a historic low of 54.56 before closing slightly better at 54.50 despite RBI's intervention, raising widespread concerns about the health of the economy.