Iceland to lift capital controls in place since 2008 crisis

Iceland`s government on Monday launched a programme aimed at lifting the capital controls put in place to stabilise the economy during the country`s 2008 financial crisis.

Companies with external borrowings stand to gain

The strengthening of rupee against the dollar should now help these companies to stem their forex losses.

Forex reserves down at USD 285.742 bn

India`s foreign exchange reserves
fell by USD 1.632 billion for the week ended December 11, to
USD 285.742-billion against USD 287.374-billion in the
previous week.

Rupee steady as stocks offset weaker dollar

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

Forex reserves up at USD 287.37 bn

India`s foreign exchange reserves
rose by USD 651 million for the week ended December 4 to USD
287.374 billion from USD 286.723 billion in the previous week.

Rupee up 14 paise at 46.20 a dollar in early trade

The rupee strengthened by 14 paise
to 46.20 against the US currency in early trade on Thursday on
expectations of fresh capital inflows and dollar selling by
exporters.

Dhaka`s forex reserves jumps by 91% in a yr; cross $10 bn

Bangladesh`s foreign exchange reserves have crossed the USD 10 billion mark, the highest ever, an official said.

Rupee at one-week high, up 20 paise at 46.80 a dollar

The Indian rupee on Friday appreciated by
20 paise to touch a week-high of 46.80 against the US dollar
in early trade on dollar selling by exporters.

Rupee rises by 30 paise against dollar in early trade

The Indian rupee strengthened by another 30 paise to trade at one-year high of 46.36 a dollar in opening trade Thursday, extending its rally for the fifth straight session, as corporates and exporters continued to sell dollars.

Rupee depreciates by 30 paise at 48.25 in opening trade

The Indian rupee on Friday fell by 30 paise against the dollar in opening trade on expectation of fresh capital outflows as markets may open with losses in line with other Asian bourses.

Rupee hits 1-1/2 mth low; at 49.18 a dollar

The Indian rupee Wednesday fell by another 15 paise to hit one-and-a-half month low of 49.18 against the US currency in early trade, extending its slide for the third straight day.

IMF to inject $250 bn into members` forex reserves

The International Monetary
Fund on Thursday said it would inject USD 250 billion into foreign
exchange reserves of member nations to boost liquidity amid
the global economic crisis.

Rupee down 14 paise at 47.66 a dollar in opening trade

The Indian rupee on Thursday plunged by 14
paise against the US currency in opening trade as stock
markets are expected to open on a weak note in line with other
Asian bourses amid some dollar demand from importers.