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Kotak Bank sees rupee range bound at 58-61 against US dollar

Kotak Bank sees rupee range bound at 58-61 against US dollar

Last Updated: Wednesday, July 23, 2014, 18:45

Kotak Mahindra Bank on Wednesday said it expects the rupee to be stable in the 58-61 against the US dollar range in the short-term and that "the days of volatility in the currency are behind us."

Rupee hits 1-1/2 week high on continued foreign fund inflows

Rupee hits 1-1/2 week high on continued foreign fund inflows

Last Updated: Wednesday, July 23, 2014, 17:44

The rupee strengthened to its strongest level in a week and half on Wednesday as continued foreign fund inflows into the domestic share and debt markets aided while gains in other Asian units also helped.

Rupee rises 12 paise at 60.12 against 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

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.

Rupee rebounds from 1-month low, up 6 paise at 60.24 Vs US dollar

Rupee rebounds from 1-month low, up 6 paise at 60.24 Vs US dollar

Last Updated: Tuesday, July 22, 2014, 17:58

The rupee had lost 37 paise, or 0.62 percent, in the previous six sessions.

Rupee up 8 paise at 60.22 against US dollar

Rupee up 8 paise at 60.22 against US dollar

Last Updated: Tuesday, July 22, 2014, 09:37

Dealers said besides dollar selling by exporters, gains in other currencies against the American unit overseas and a higher opening in the domestic equity market supported the rupee.

Rupee ends at over 1-month low vs US dollar

Last Updated: Monday, July 21, 2014, 18:23

The Indian rupee on Monday washed out its initial gains against the American currency and finished two paise down at over one-month low level of 60.30 on fag-end dollar demand from banks and importers.

Rupee recovers 10 paise, trades at 60.18 against US dollar

Last Updated: Monday, July 21, 2014, 09:44

The benchmark BSE Sensex rose 173.83 points, or 0.68 percent, to trade at 25,815.39 in early trade on Monday.

Rupee opens flat at 60.29 vs US dollar

Last Updated: Monday, July 21, 2014, 09:28

Traders expect the rupee to trade between 60.20-60.45 vs the US dollar.

Rupee third on fake foreign currency list in Switzerland!

Last Updated: Sunday, July 20, 2014, 16:58

As a debate continues on alleged black money of Indians in Swiss banks, the authorities in Switzerland have come across a significant quantum of fake Indian rupee notes in their country- the third highest for any foreign currency after Euro and the US dollar.

Rupee ends the week at one-month low of 60.28 Vs dollar

Last Updated: Saturday, July 19, 2014, 14:00

The Indian rupee depreciated further by 35 paise to close at one-month low of 60.28 against the greenback on sustained dollar demand from importers, despite smart recovery in local equities and sustained capital inflows.

Rupee falls to 1-month low vs USD, down 10 paise at 60.28

Last Updated: Friday, July 18, 2014, 18:39

Heavy capital inflows in local equities, however, restricted the rupee fall, said forex brokers.