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Rupee washes out early losses, ends at 3-week high of 60.61 Vs USD

Rupee washes out early losses, ends at 3-week high of 60.61 Vs USD

Last Updated: Wednesday, August 20, 2014, 18:14

Recouping early losses, the Indian rupee on Wednesday closed six paise higher at almost a three-week high of 60.61 against the American unit on constant dollar selling by exporters and some banks, amid increased inflows.

Rupee strengthens to nearly 3-week high Vs USD

Last Updated: Tuesday, August 19, 2014, 17:57

Extending its winning run to the second straight session, the rupee on Tuesday rose nine paise to end at nearly three-week high of 60.67 against the Greenback on the back of sustained dollar selling by exporters and a surge in local stocks.

Seven junk bond sales raise close to $4 billion this fiscal

Last Updated: Monday, August 18, 2014, 21:27

Seven companies led by Tata Motors and Tata Steel together raised close to USD 4 billion this year, by selling high yielding bonds or below investment grade debt to overseas investors, taking overall forex debt raising by domestic corporates to below a tad USD 15 billion.

Forex market closed today for Parsi New Year

Last Updated: Monday, August 18, 2014, 09:54

The forex and money market will remain closed on Monday on account of 'Parsi New Year'.

Rupee rises for 2nd week; ends at 2-week high of 60.76 Vs USD

Last Updated: Saturday, August 16, 2014, 16:06

The rupee continued its winning streak for the second consecutive week and ended higher by 39 paise to two-week high of 60.76 against the US dollar.

India's forex reserves fall to $319.35 bn as of Aug 8

Last Updated: Friday, August 15, 2014, 19:09

Foreign exchange reserves include India`s Reserve Tranche position in the International Monetary Fund.

Rupee recovers 17 paise to 61.04 Vs dollar

Last Updated: Thursday, August 14, 2014, 10:41

The rupee rebounded by 17 paise to 61.04 against the dollar in early trade Thursday at the Interbank Foreign Exchange market on increased selling of the American currency by exporters and banks.

Rupee trims initial loss, still down 18 paise to 61.26

Last Updated: Wednesday, August 13, 2014, 09:44

Earlier, the rupee resumed sharply lower at 61.29 as against the last closing level of 61.08 at the Interbank Foreign Exchange (Forex) Market.

Rupee rises nine paise to 1-week high of 61.08 vs US dollar

Last Updated: Tuesday, August 12, 2014, 18:59

The Indian rupee on Tuesday rose by nine paise to end at one-week high of 61.08 against the greenback on fresh dollar selling by banks and exporters.

Rupee recovers in late morning deals, up 5 paise at 61.12 Vs dollar

Last Updated: Tuesday, August 12, 2014, 11:31

The rupee recovered against the American currency by five paise to 61.12 in late morning deals Tuesday on bouts of dollar selling by exporters.

Rupee down 5 paise at 61.22 against dollar in early trade

Last Updated: Tuesday, August 12, 2014, 09:44

The rupee had weakened by 2 paise to end at 61.17 in Monday's trade on late dollar demand from importers amid fresh capital outflows.

Rupee up 13 paise at 61.02 against dollar in early trade

Last Updated: Monday, August 11, 2014, 09:53

The rupee had gained seven paise to close at 61.15 on Friday on suspected RBI intervention in the forex market.