close
This ad will auto close in 10 seconds
Weekly Review: Rupee stretches downward trend for second-straight week

Weekly Review: Rupee stretches downward trend for second-straight week

Rupee depreciated by a modest 9 paise to end at 64.52 against the US currency in a highly volatile week on the back of renewed dollar demand from importers and banks.

Weekly review: Rupee loses steam; ends week with a loss of 19 paise at 64.43 against dollar

Weekly review: Rupee loses steam; ends week with a loss of 19 paise at 64.43 against dollar

The most powerful central bank in the world - the US Federal Reserve announced a quarter-point increase in the target range for the federal funds target range of 1.00 to 1.25 percent.

Weekly review: Rupee makes roaring comeback to hit its highest level in three-week

Weekly review: Rupee makes roaring comeback to hit its highest level in three-week

Keeping its edge against the beleaguered dollar, the home currency ended higher by a solid 20 paise at 64.24.

Weekly Review: Rupee ends the week virtually stable

Weekly Review: Rupee ends the week virtually stable

The rupee ended the week virtually stable at 64.44 against the US dollar after witnessing a bit of roller coaster ride even as equities continued their record- breaking rally.

Weekly Review: Rupee bounce-back from a near one-month low against dollar

Weekly Review: Rupee bounce-back from a near one-month low against dollar

The rupee staged a striking bounce-back from a near one-month low against US currency in a volatility marked trading and ended at 64.44 on bouts of dollar selling by banks and exporters even as stocks climbed to new milestones.

FPIs stay bullish on India, pump in $2 billion in May

FPIs stay bullish on India, pump in $2 billion in May

Overseas investors have pumped in more than USD 2 billion so far in the country's capital market this month, helped by stable outlook for the rupee.

Weekly Review: Rupee suffered major setback; plunges to fresh one-month low

Weekly Review: Rupee suffered major setback; plunges to fresh one-month low

The resurgent rupee suffered a major setback during the week as the home currency crumbled under heightened US political instability fears and plunged to end at a fresh one-month low of 64.64 against the greenbank.

Weekly Review: Rupee stages a spectacular recovery against dollar

Weekly Review: Rupee stages a spectacular recovery against dollar

The forex market sentiment also got a boost from the domestic equities' which scaled their life highs and also expectation of good monsoon reviving rural demand, soft interest rates and strong lending growth for the region's third largest economy.

Weekly review: Rupee fell back from a near 21-month high against dollar

Weekly review: Rupee fell back from a near 21-month high against dollar

Snapping a brief recovery, the home currency ended the week with a loss of 14 paise.

Rupee rise shows economic power, govt not targeting level: Das

Rupee rise shows economic power, govt not targeting level: Das

The domestic currency has been Asia's best performer this year and its rising clout against the US dollar has been aided by a hands-off approach by the RBI.

Weekly review: Rupee makes strong comback against dollar; ends at a near 21-month high

Halting a two straight weeks of downfall, the rupee made a strong comback against the US currency and ended at a near 21-month high of 64.24 - surging by a good 37 paise on heavy dollar selling by exporters and corporates.

Rupee at fresh 21-month high of 63.98 against dollar

Rupee at fresh 21-month high of 63.98 against dollar

Robust foreign fund inflows supported the rupee but weakness in domestic equities in early trade capped the gains.

Weekly review: Rupee continues dizzying downward spiral for second-straight week

Weekly review: Rupee continues dizzying downward spiral for second-straight week

The rupee continued its dizzying downward spiral for the second-straight week and depreciated by a whopping 20 paise to end at 64.61 against the US currency.

Rupee to average 66.2 against dollar in 2017-18: Kotak

Rupee to average 66.2 against dollar in 2017-18: Kotak

The appreciation in the rupee is likely to continue for some time and it is expected to average at 66.2 against the US dollar in the current financial year.

Weekly review: Rupee continues its undisputed performance vs USD; at fresh 20-month high of 64.28

Weekly review: Rupee continues its undisputed performance vs USD; at fresh 20-month high of 64.28

The overall forex market sentiment also got a leg-up after the RBI projected India's growth at 7.4 percent for the current fiscal, up from 6.7 percent.

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.