Gowda blames UPA for rupee hitting all-time low

HD Deve Gowda on Wednesday blamed UPA II for the Rupee tanking to a lifetime low of 68.85 against the US Dollar.

S&P maintains negative outlook on India`s rating

Amid rupee sliding below 64 to a dollar, Standard & Poor`s on tuesday said it will maintain negative outlook for the country as currency depreciation is adversely impacting investor confidence.

Gold prices hit near 3-month low as dollar weighs

India gold futures edged lower on Thursday morning to hit a near three-month low, weighed by a stronger dollar overseas, dimming the yellow metal`s appeal as an alternative investment, analysts said.

Asia stock slide deepens; tech shares weak

Asian stocks fell on Monday after Wall Street suffered its worst three-day slide in 10 months, but losses were muted, and high-yielding currencies edged up as some investor appetite for riskier assets surfaced.

Rupee gains seven paise at 45.57 a dollar

The rupee today appreciated by sevenpaise to 45.57 a dollar in early trade in line with other firming Asian currencies amid higher capital inflows by foreign funds.

Oil prices bounces above 83 dollars

The price of oil briefly struck a 15-month high close to USD 84 on Tuesday in the wake of positive Chinese energy data and as a cold snap raised demand for heating fuel, analysts said.

November trade deficit of US increases to $36.4 billion

The US trade deficit jumped to the highest level in 10 months as an improving U.S. economy pushed up demand for imports.

Rupee slips; tracking dollar`s rise vs majors

The rupee weakened on Tuesday, retreating from the previous session`s more than 15-month high, on the back of the dollar`s broad gains versus major currencies and tracking a choppy sharemarket.

World stocks recover from US jobs disappointment

Stock markets and the dollar bounced back from earlier losses Friday as investors said weaker than expected US December jobs figures did little to alter predictions for ongoing economic growth this year.

Rupee drops tracking choppy stocks; mixed peers

The rupee weakened in early trade on Friday tracking mixed cues from other regional peers with a choppy start to the domestic share market providing little clarity on the direction of fund flows.

Asian shares up on resources, eyes on U.S. jobs

Asian shares edged up on Thursday, buoyed by resource shares, while the dollar was on the defensive after Fed Reserve`s latest policy meeting suggested the possibility of more stimulus measures for the US economy.

Rupee hits 15-month high, gains 10 paise against dollar

The rupee on Thursday appreciated by 10 paise to hit a 15-month high of 45.74 a dollar in early trade, tracking other firming Asian currencies.

RBI Reference rate for US dollar and euro

The Reserve Bank of India fixed the Reference rate for the US currency at Rs 46.51 per
dollar and the single European unit at Rs 66.48 per euro from
Rs 46.65 per dollar and Rs 66.83 per euro respectively, as on
January 1.

Rupee gains 7 paise against dollar in early trade

The Indian rupee today gained 7 paise
against the US currency in early trade on increased capital
inflows into stock markets in line with firming global cues.

Gold ends at $1,096.20, up 24.8 percent in 2009

Gold prices sealed their biggest yearly gain in three decades, rising for an unprecedented ninth consecutive year as dollar-hedging traders and central banks joined the rally.

Rupee falls by 13 paise to 46.85/86 on firm dollar

In a range-bound trading today, the Indian rupee lost 13 paise to close at 46.85/86 against the US dollar on fresh outflows and firm American currency that held near its three-month highs.

Rupee steady as stocks offset weaker dollar

The rupee was trading slightly stronger than 47 per dollar on Friday.

US stocks tumble over concern for global recovery

US stocks tumbled across the board on Thursday over concern about global recovery as the US dollar rose.

Rupee weakens by 18 paise against dollar

The Indian rupee on Thursday weakened by 18 paise to 46.85 against the US dollar in early trade.

Rupee down 20 paise at 46.73 a dollar

The rupee on Monday depreciated by 20 paise to 46.73 against the US dollar in opening trade largely on fears of fresh capital outflows by foreign funds amid a bearish trend in other Asian markets.