Rupee tumbles to record closing low of 61.43

The rupee on Wednesday fell 24 paise to an all-time closing low of 61.43 against the dollar after July inflation unexpectedly rose to a five-month high, prompting the RBI to announce more measures to support the currency.

Rupee touches record low of 61 against the US dollar

The rupee on Monday plunged to an all-time low of 61 against the US dollar in morning trade surpassing the previous record of 60.76. On Friday, the rupee had closed at 60.23 against the dollar.

Rupee: Govt, RBI, SEBI to take steps at right time, says Rajan

The exchange rate has depreciated by 5.5 percent since January 1 and over 2.5 percent in last two trading session. The rupee is currently trading at around --- to a dollar.

Panic in market about Rupee 'unwarranted': FinMin

With rupee plunging to life-time low of 57.54 verus dollar, the Finance Ministry Monday said there is an unwarranted panic in the market and hoped it will settle down in some time.

Rupee slumps to all-time low of 58.16; all eyes on RBI, govt

A confluence of negative factors including heavy dollar demand and slowdown in capital inflows put pressure on the rupee, which has slumped by 8 percent from 53.80 on April 30.

Rupee hits all-time low of 56.57; RBI intervenes to stem slide

The rupee on Thursday hit all-time low of 56.57 on sustained dollar demand from oil importers amid a sharp fall in crude prices, before the Reserve Bank intervened to help the local currency to recover some ground.

Rupee woes: RBI intervention when necessary says Pranab

With rupee falling to record low against dollar, Finance Minister Pranab Mukherjee on Tuesday said the government is taking steps to arrest volatility in the foreign exchange market and the Reserve Bank of India (RBI) will intervene when necessary.

Oppn fears repeat of 1991 as rupee touches record low

As the rupee touched a record low, opposition on Wednesday questioned the government in the Lok Sabha on the steps being taken to tackle the situation as it feared that there could be a repeat of 1991, when India saw severe balance of payments problem and even had to mortgage gold.