Rupee snaps 9-day slide, rebounds 42 paise to 67.33 Vs USD

Rupee snaps 9-day slide, rebounds 42 paise to 67.33 Vs USD

Breaking its nine-day slide -- the longest since 2007 -- the rupee turned around in style against the dollar to close at 67.33 after selling in the US currency by exporters accelerated.

Rupee free fall continues, plunges 26 paise to 67.75

Rupee free fall continues, plunges 26 paise to 67.75

The rupee continued its incessant free fall for the ninth straight day Tuesday by dropping 26 paise to end at a fresh 2-1/2 month low of 67.75 on sustained demand for the American currency.

Rupee falls for eight straight session, holds at 2-1/2 month low of 67.49

Rupee falls for eight straight session, holds at 2-1/2 month low of 67.49

Extending its fall for the eighth straight session, the rupee today depreciated by another 5 paise to end at 67.49 per dollar on sustained demand for the US currency from banks and importers.

Rupee at fresh 2-month low, tumbles 39 paise to 67.36

Rupee at fresh 2-month low, tumbles 39 paise to 67.36

Extending losses for the sixth straight session, the rupee Thursday plummeted by 39 paise to hit an over 2-month low of 67.36 per dollar on persistent demand for the American currency from banks and importers amid higher greenback overseas, coupled with sharp fall in equities.

Rupee breaches 67-mark against US dollar, ends 10 paise lower at 66.97

Rupee breaches 67-mark against US dollar, ends 10 paise lower at 66.97

The rupee continued its free fall against the US dollar for the fifth straight session Wednesday and touched the 67-level after a gap of two months, but closed 10 paise lower at 66.97 on sustained demand for the greenback from banks and importers amid fall in domestic equities.

Rupee softens 13 paise to 66.90 Vs US dollar

Rupee softens 13 paise to 66.90 Vs US dollar

The rupee weakened by 13 paise to 66.90 against the US dollar in early trade Monday due to continued demand for the American currency from banks and importers.

 

Encouraging any industry surest way of killing it: Raghuram Rajan

Encouraging any industry surest way of killing it: Raghuram Rajan

In a strong disapproval of sector- specific sops, Reserve Bank Governor Raghuram Rajan has said "encouraging" any industry may be the surest way of killing it and policymakers should refrain from dictating the course of a business.

 

Rupee hits 2-week closing low of 66.58 against US dollar

Rupee hits 2-week closing low of 66.58 against US dollar

The rupee surrendered its morning gains and ended lower by 4 paise at the close, hitting 2-week low of 66.58 on fag-end dollar demand from banks and importers amid higher greenback in the global markets, despite a sharp recovery in domestic equities.

Rupee falls 11 paise to 66.44 Vs US dollar

Rupee falls 11 paise to 66.44 Vs US dollar

In line with equities, the rupee Monday fell by 11 paise to close at 66.44 on fresh demand for the US currency from banks and importers despite weaker dollar in the overseas market.

Notes sans security thread: Govt says matter is serious

Notes sans security thread: Govt says matter is serious

Government has taken incidents related to banknotes being printed without the security thread "very seriously" and disciplinary action against officials concerned is under way, Minister of State for Finance Jayant Sinha said Tuesday.

Rupee drops 14 paise to 66.62 against US dollar

Extending its fall for the third session, the rupee Monday dropped by another 14 paise to close at 66.62 against the US dollar on persistent demand for the American currency from banks and importers amidst lower domestic equities.

Rupee recoups 9 paise to end at 66.55 Vs USD

Rupee recoups 9 paise to end at 66.55 Vs USD

The rupee on Monday recovered by nine paise against the American currency to close at 66.55 on fresh selling of dollars by banks and exporters in view of weakness in greenback in the overseas market.

Rupee rally continues for 6th day, up 5 paise to 66.21

Extending its winning momentum for the sixth straight sessions, the rupee Monday strengthened by 5 paise to close at 66.21 per dollar on persistent selling of the American currency by banks and exporters amid sustained foreign capital inflows.

Rupee hits 3-month high of 66.26 against US dollar, up 11 paise

Rupee hits 3-month high of 66.26 against US dollar, up 11 paise

The rupee continued to rule firm for the fifth day Thursday to close at a fresh 3-month high of 66.26, rising 11 paise on persistent selling of US dollars by banks and exporters in view of sustained foreign capital inflows.

Rupee gains 17 paise to end at 3-month high Vs USD

Rupee gains 17 paise to end at 3-month high Vs USD

Extending its gains for fourth trading day, the rupee on Wednesday surged by 17 paise to close at three-month high of 66.37 per dollar on sustained selling of dollars by banks and exporters amid firm stock markets.

Pent up dollar demand by jewellers to exert pressure on rupee: Experts

Pent up dollar demand by jewellers to exert pressure on rupee: Experts

Pent up demand for US dollars by the jewellery sector, coupled with a weak Chinese yuan, are expected to exert pressure on the Indian rupee during the upcoming week, experts said on Saturday.

Rupee gains 20 paise to 66.55 against dollar in early trade

Moreover, a higher opening in the domestic equity market influenced the domestic unit, according to forex dealers.

Rupee hits over 2-month high of 66.75 against dollar, up 47 paise

Rupee hits over 2-month high of 66.75 against dollar, up 47 paise

The rupee Thursday closed at an over two-month high of 66.75 per dollar by gaining 47 paise on persistent selling of the American currency by banks and exporters after the US Fed indicated a slower pace on rate hike.

Rupee extends gains for 3rd day against dollar, ends at 67.05

Extending gains against the American currency for the third consecutive day, the rupee Friday ended at 67.05 per dollar, higher by 2 paise on persistent selling of the greenback by banks and exporters in view of sustained foreign capital inflows into equities.

Rupee dominance continues, ends at 7-week high of 67.34 Vs USD

Rupee dominance continues, ends at 7-week high of 67.34 Vs USD

The rupee has gained by 138 paise, or 2.01 percent in five days - the longest winning run this year so far.