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Rupee good run continues, gains 4 paise against dollar

The rupee's good run continued into the 8th straight session today as it firmed up by another 4 paise in early trade to 67.33 against the dollar after the US currency saw higher selling by exporters and banks amid foreign fund inflows.

Demonetisation: Rupee touches all-time low, regains to end at 68.73

Demonetisation: Rupee touches all-time low, regains to end at 68.73

As the rupee plunged to a record low today, Finance Ministry said it is closely monitoring the currency movement.

No plans to devalue rupee, market to determine value: Finance Ministry

No plans to devalue rupee, market to determine value: Finance Ministry

As the rupee saw a sudden plunge this morning on reports of currency devaluation, Finance Ministry officials on Thursday said there were no plans to devalue the domestic unit and its value will continue to be determined by the market.

Didn't tell reporter I want devaluation: Nirmala Sitharaman

The government sent mixed messages on Thursday whether it wanted a weaker rupee, with Commerce Minister Nirmala Sitharaman saying she had not told a reporter the government was discussing a devaluation but stopping short of an outright denial.

Rupee falls on report of ministry's call for weaker currency; finance ministry denies

Rupee falls on report of ministry's call for weaker currency; finance ministry denies

The Indian rupee fell below 67 to the dollar on Thursday after a television channel reported that the commerce ministry will propose a devaluation in the unit to the government to promote dwindling exports.

Forex reserves continue to slide, fall to $360.2 bn

In the previous week, the reserves had fallen by USD 121.3 million to USD 360.905 billion.

India's forex reserves down $121.3 mn to $360.90 bn

India's forex reserves down $121.3 mn to $360.90 bn

Total reserves had dipped by USD 968 million to USD 361.02 billion in the previous reporting week ended May 13.

RBI Governor says no reason for government to sell dollar bonds

RBI Governor says no reason for government to sell dollar bonds

"I see no reason for the sovereign to issue dollar bonds across the world," said Rajan, speaking at an event at the Chicago Booth business school in London.

Forex intervention will continue to reduce volatility: Raghuram Rajan

Forex intervention will continue to reduce volatility: Raghuram Rajan

Rajan said India will intervene in the currency market when there`s a sustainable risk in global markets and the country sees a flood of capital coming in.

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 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 inches up 8 paise to 67.13 against dollar

Besides, sustained foreign capital inflows gave the rupee some muscle, dealers said.

Rupee sinks 19 paise to 67.27 vs dollar

A firm dollar against some global currencies overseas weighed on the rupee, but further gains at the domestic equity market capped the losses, dealers said.

Rupee at fresh 3-week high of 67.74 against dollar

Rupee at fresh 3-week high of 67.74 against dollar

Fresh foreign funds inflow supported the local currency, but dollar's strength against others overseas capped the rupee's gain.

Rupee recovers marginally by two paise to 68.59 against dollar

The rupee was marginally higher by two paise to 68.59 against the US dollar in early trade on Tuesday at the Interbank Foreign Exchange market on fresh selling of the American currency by exporters.

Rupee recovers by 13 paise to 68.34 against dollar in early trade

A higher opening in the domestic equity market also helped rupee to strengthen against the dollar.

Rupee down 24 paise to 30-month low of 68.62 against dollar

Rupee down 24 paise to 30-month low of 68.62 against dollar

The rupee weakened by 24 paise to trade at a 30-month low of 68.62 against the dollar in early trade today on sustained foreign fund outflows amid increased demand for the US currency from importers.

Rupee again breaches 68-mark, down 28 paise in early trade

Rupee again breaches 68-mark, down 28 paise in early trade

The rupee again broke below the 68-mark by depreciating 28 paise to trade at 68.26.

Rupee breaches 67-mark, falls 18 paise against dollar

Rupee breaches 67-mark, falls 18 paise against dollar

The rupee had closed 17 paise lower against the US dollar at 66.88 on Friday

Rupee down 9 paise to 66.80 vs dollar in early trade

Dealers also attributed the rupee's fall to fresh demand for the US currency from importers and banks and early losses in domestic stock markets.