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Rupee snaps 2-week gaining streak, ends at 59.93 Vs dollar

Rupee snaps 2-week gaining streak, ends at 59.93 Vs dollar

Last Updated: Saturday, July 12, 2014, 17:46

The Indian rupee snapped its two-week gaining streak and slipped by 21 paise to close at 59.93 against the greenback.

Forex reserves up $614.6 mn at $316.4 bn

Forex reserves up $614.6 mn at $316.4 bn

Last Updated: Friday, July 11, 2014, 18:52

The forex reserves rose USD 614.6 million to touch USD 316.393 billion in the week to July 4, on account of rise in currency assets.

Rupee rebounds 26 paise to 59.93 Vs dollar

Rupee rebounds 26 paise to 59.93 Vs dollar

Last Updated: Friday, July 11, 2014, 17:49

The rupee on Friday bounced back by 26 paise to end at 59.93 versus dollar as exporters and some banks sold the greenback, but steep losses in previous sessions forced the local currency to log its first weekly drop in three.

RBI net buys $1.86bn in spot forex market for 2nd month in May

Last Updated: Friday, July 11, 2014, 16:41

The Reserve Bank became net purchaser of dollars for the second consecutive month in May this fiscal buying USD 1.786 billion from the spot market.

Rupee up 12 paise to 59.63 against Dollar

Last Updated: Thursday, July 10, 2014, 09:46

Rising for the third straight day, the rupee strengthened by 12 paise to 59.63 against the dollar in early trade Thursday at the Interbank Foreign Exchange market on sustained selling of the US currency by exporters amid a higher opening of the domestic equity market.

Economic Survey 2013-14: CAD likely to fall to 2.1% in FY15; to be fully financed

Last Updated: Wednesday, July 09, 2014, 19:06

India's current account deficit (CAD) is likely to fall to 2.1 percent of the GDP in 2014-15 and will be fully financed in the current year, the government Wednesday.

Economic Survey: India lost competitiveness in key markets for stocks, rupee

Last Updated: Wednesday, July 09, 2014, 15:24

India has lost competitiveness in key international markets for stocks and rupee due to adverse tax treatment of overseas investors as also bureaucratic and procedural issues, the government said Wednesday.

Rupee down 14 to 59.92 paise against dollar in early trade

Last Updated: Wednesday, July 09, 2014, 10:15

The rupee weakened by 14 paise to 59.92 against the US dollar in early trade on Wednesday at the Interbank Foreign Exchange market on high demand for the American currency from importers.

Rupee rebounds 23 paise Vs US dollar to end at 59.78

Last Updated: Tuesday, July 08, 2014, 19:32

In contrast to falling equities, the rupee on Tuesday recovered 23 paise to end at 59.78 against the dollar after exporters and some banks sold the US currency.

Iraq crisis led to rupee depreciation: Govt

Last Updated: Tuesday, July 08, 2014, 16:32

The hardening of international oil prices and market expectations on the same could be the main reason that led to the depreciation of the rupee.

Rupee drops most in nearly 3 weeks, down 29p Vs dollar

Last Updated: Monday, July 07, 2014, 19:11

The rupee Monday slipped 29 paise, logging its biggest drop in nearly three weeks, to end at 60.01 versus the dollar on rising demand for the US currency from custodian banks.

Rupee extends losses; lack of dollar supplies hurts

Last Updated: Monday, July 07, 2014, 14:59

Asian currencies trading mixed versus the dollar.