Rupee free fall continues, plunges 26 paise to 67.75

Rupee free fall continues, plunges 26 paise to 67.75

The rupee continued its incessant free fall for the ninth straight day Tuesday by dropping 26 paise to end at a fresh 2-1/2 month low of 67.75 on sustained demand for the American currency.

Rupee hits 2-week closing low of 66.58 against US dollar

Rupee hits 2-week closing low of 66.58 against US dollar

The rupee surrendered its morning gains and ended lower by 4 paise at the close, hitting 2-week low of 66.58 on fag-end dollar demand from banks and importers amid higher greenback in the global markets, despite a sharp recovery in domestic equities.

Fake currency notes of Rs 100, Rs 1,000 increased over last three years

Fake currency notes of Rs 100, Rs 1,000 increased over last three years

The fake currency notes of Rs 100 and Rs 1,000 are on a rise over the last three years as per the latest Finance Ministry data presented in the ongoing Lok Sabha. 

Rupee snaps 2 weeks gaining spree against on fresh dollar demand

Snapping its last 2-week gaining spree against the American currency, the rupee dropped by 21 paise to 66.54 per dollar on fresh dollar demand from banks and importers.

Rupee falls 11 paise to 66.44 Vs US dollar

Rupee falls 11 paise to 66.44 Vs US dollar

In line with equities, the rupee Monday fell by 11 paise to close at 66.44 on fresh demand for the US currency from banks and importers despite weaker dollar in the overseas market.

RBI cuts minimum maturity period for offshore rupee debt

Reserve Bank of India said on Wednesday it would lower the minimum maturity period for rupee debt issued abroad by Indian companies to three years from five years, in line with foreign investment in corporate bonds.

Rupee continues upward march, ends at 66.43

The rupee on Tuesday ended marginally higher by one paisa to close at 66.43 against the American currency and continued its upward march for the third day today on selling of dollars by banks and exporters in view of sustained foreign capital inflows.

Rupee snaps 2-day losing streak vs dollar, up 19 paise

Snapping its two-day losing streak, the rupee today gained 19 paise to close at 66.47 a dollar on fresh selling of dollars by banks and exporters as the US currency weakened in global markets.

Move towards 4% inflation to contain rupee volatility: Raghuram Rajan

Move towards 4% inflation to contain rupee volatility: Raghuram Rajan

Seeking to guard investor returns from excessive exchange rate movements, RBI Governor Raghuram Rajan today said a move towards an inflation target of 4 per cent will help contain the currency market volatility

Rupee drops further by 20 paise vs dollar, ends at 66.66

Higher crude oil prices in global market also afftected the market sentiment.

Rupee changes track, slips 11 paise to 66.57 against dollar

Rupee changes track, slips 11 paise to 66.57 against dollar

Rupee slipped from initial gains and was trading down by 11 paise at 66.57 against the US currency in late morning trade on bouts of dollar demand from banks and importers.

Rupee snaps 2-week rise; down 25 paise to 66.46

Snapping its nearly 2-week winning spree against the American currency, the rupee on Tuesday dropped by 25 paise to end at 66.46.

Rupee hits 3-month high of 66.26 against US dollar, up 11 paise

Rupee hits 3-month high of 66.26 against US dollar, up 11 paise

The rupee continued to rule firm for the fifth day Thursday to close at a fresh 3-month high of 66.26, rising 11 paise on persistent selling of US dollars by banks and exporters in view of sustained foreign capital inflows.

Rupee extends gains for 2nd day, up 7 paise vs dollar

Rupee extends gains for 2nd day, up 7 paise vs dollar

The rupee extended its gains for the second day on Monday against the US currency, moving up by 7 paise to close at 66.57 a dollar even as stock markets fell

Rupee sinks 24 paise to 66.88 vs dollar in early trade

Rupee sinks 24 paise to 66.88 vs dollar in early trade

The dollar was firm against some global currencies, boosted by optimism over the US economy after GDP figures were revised upwards which also weighed on the rupee, dealers said.

Rupee to moderately fall towards 69 in 9-12 months: Citi

Rupee to moderately fall towards 69 in 9-12 months: Citi

The rupee is likely to "moderately depreciate" towards the 69 level in the next 9-12 months on the back of higher crude prices in the second half of next fiscal, a Citigroup report says.

Rupee stays on shaky wicket, slips 8 paise to 66.79 against dollar

Extending its slide for the third straight day, the rupee shed another 8 paise to 66.79 against the dollar in early trade on Wednesday on appreciation of the American currency against others overseas.

Rupee hits over 2-month high of 66.75 against dollar, up 47 paise

Rupee hits over 2-month high of 66.75 against dollar, up 47 paise

The rupee Thursday closed at an over two-month high of 66.75 per dollar by gaining 47 paise on persistent selling of the American currency by banks and exporters after the US Fed indicated a slower pace on rate hike.

Rupee sinks 15 paise at 67.26 vs dollar in early trade

The dollar was firm against some global currencies which also weighed on the rupee, dealers said.

Rupee extends gains for 3rd day against dollar, ends at 67.05

Extending gains against the American currency for the third consecutive day, the rupee Friday ended at 67.05 per dollar, higher by 2 paise on persistent selling of the greenback by banks and exporters in view of sustained foreign capital inflows into equities.