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Rupee opens at 60.05 per dollar in early morning trade

Rupee opens at 60.05 per dollar in early morning trade

Last Updated: Thursday, July 24, 2014, 09:36

The Indian Rupee on Thursday opened at 60.05 per dollar, as compared with Wednesday's closing of 60.09 versus the US dollar.

Rupee rises 12 paise at 60.12 against US dollar

Last Updated: Wednesday, July 23, 2014, 09:58

On Tuesday, the rupee rose six paise to end at 60.24 against the dollar on fresh selling of the American currency by exporters and positive cues from a strong domestic stock market.

Rupee opens at 60.14 vs US Dollar; gains 10 paise

Last Updated: Wednesday, July 23, 2014, 09:29

The Indian rupee on Wednesday opened at 60.14 in the early morning trade. It gained 10 paise as compared to Tuesday's closing of 60.24 per dollar.

Residents, non-residents allowed to carry up to Rs 25k abroad

Last Updated: Thursday, June 19, 2014, 21:14

The Reserve Bank on Thursday permitted residents and non-residents, except Pakistanis and Bangladeshis, to carry up to Rs 25,000 in Indian currency notes while leaving the country.

Pak-printed fake currency notes smuggling to India increases

Last Updated: Sunday, March 09, 2014, 09:33

Smuggling of Fake Indian Currency Notes (FICN) from abroad has shown an increase prompting financial intelligence agencies to keep a strict watch anticipating surge with Lok Sabha elections round the corner.

Indian rupee to face higher volatility in 2014: HSBC

Last Updated: Wednesday, January 08, 2014, 15:42

This year is likely to be "no easier" than 2013 for most Asian currencies including the Indian rupee and they will be exposed to periods of higher volatility, an HSBC report said Wednesday.

Rupee closes 2013 as Asia's third weakest currency, down 11%

Last Updated: Tuesday, December 31, 2013, 18:23

The rupee ended with gains on Tuesday, but posted a 11 percent fall in 2013, ending a tough year marked by a descent to a record low and suffering from continued concerns about its outlook next year.

Rupee on course to be one of Asia laggards in 2013

Last Updated: Monday, December 30, 2013, 22:54

Although the rupee is well above its all-time trough of 68.85 hit on August 28, the currency is still down 11.2 percent in 2013, making it Asia`s worst performer after the Indonesian rupiah and the Japanese yen.

Oil import needs return to haunt weakening rupee

Last Updated: Wednesday, November 13, 2013, 15:39

Barely a month after the rupee hit a two-month high and showed signs of stabilising after its brutal fall this year, the currency is at risk from a re-emergence of heavy demand for dollars from oil importing firms.

HSBC raises rupee forecast on flows, current account

Last Updated: Friday, October 11, 2013, 12:12

HSBC cuts its USD/INR forecast for the end of the year to 62 from 65 previously, citing improvements in the current account deficit and measures to attract inflows.

Rupee value should be 59-60 to a dollar: Chidambaram

Last Updated: Friday, September 27, 2013, 18:14

"We think that based on the REER (real effective exchange rate) value, that (59-60) is the right level of the rupee and it should not overshoot its mark.

Rupee gains for first time in four days, ends 31 paise higher

Last Updated: Wednesday, September 25, 2013, 21:35

The rupee advanced for the first time in four sessions on Wednesday, ending 31 paise higher at 62.44 against the dollar as exporters and some banks sold the US currency, which weakened in the overseas market.