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Rupee trims initial gains vs dollar, still up by 15 paise

Weakness of dollar in the overseas market and persistent foreign capital inflows mainly boosted the rupee value, a forex dealer said.

Rupee washes out initial gains vs dollar; still up 3 paise

The rupee Wednesday failed to maintain initial gains, but was still quoted higher by three paise to 53.79 against the American currency in the late morning trade on mild selling of dollars from banks on the back of persistent capital inflows amid weak global cues.

Rupee sheds 12 paise to 55.74 against dollar

The rupee declined by 12 paise to 55.74 against the dollar in early trade on Thursday at the Interbank Foreign Exchange market on month-end demand from oil importers for the American currency.

Rupee remains firm on PM's pushing for economic revival

The rupee remained firm by rising 17 paise to 56.98 per dollar in midsession trading Thursday as Prime Minister Manmohan Singh signalled his keenness to boost economy after taking charge of the finance portfolio.

Rupee falls further to 57.14 against the dollar

The rupee was down 12 paise to 57.14 against the dollar Wednesday on persistent demand for the American currency from banks and importers.

Rupee fails to keep initial gains, drops 7 paise against dollar

The rupee failed to maintain initial gains and slipped 7 paise to 57.08 against the dollar on fresh demand for the American currency from banks and importers.

Rupee fall will not last very long: PM

Dismissing any comparison with the 1991 external debt crisis, Prime Minister Manmohan Singh today said the fall of rupee is a matter of concern but was confident it will not last very long.

Re closes at a week's high; overall sentiment improves

Coming as a relief to the country's ballooning oil import bill, the rupee today extended gains for the third day in a row closing at a one-week high of 55.18 against the dollar as global investors returned to riskier assets as worries over Greece receded.

Rupee down 30 paise against dollar in late morning trade

The rupee dropped by 30 paise to 54.72 against the US dollar in late Monday morning trade, due to on fresh demand for the American currency from banks and importers despite a weak global trend.

Re tests 54-level before closing at 53.79; RBI comes to rescue

The rupee on Tuesday breached the psychologically crucial 54-level against the US currency but recouped losses to end higher at 53.79 on "huge" dollar selling after RBI intervened in the forex market to prop up the local unit.

Rupee up 4 paise against dollar in early trade

The rupee moved up marginally by 4 paise to trade at 53.59 against the dollar on the Interbank Foreign Exchange market in early trade Monday on increased foreign fund inflows amid a higher opening in the equity market.

Rupee remains sluggish for sixth week in a row

In a highly volatile trade, the Indian rupee this week ended lower by 16 paise at 53.63/64 against the US unit, and remained sluggish for the sixth straight week.

Rupee notches up 56-paise gain; GAAR postponement lifts mood

Recouping from sharp early losses, the rupee gained an impressive 56 paise at 52.91/92 against dollar, to snap four-day losing string as hopes of strong fund flows got a boost from Finance Minister Pranab Mukherjee's deferring the controversial GAAR by one-year.

Rupee recovers after initial losses vs dollar in late morning

The rupee recovered after initial losses against the US dollar in the late morning trade due to fresh selling of the American currency by banks and exporters.

Rupee ends at nearly 4-mth low vs dollar, down 19 paise

The rupee Monday dropped by 19 paise to close at nearly four-month low of 52.73/74 against the US currency on continued capital outflows and month-end dollar demand from importers.

Rupee snaps 2-day losing streak; up 18 paise vs dollar

Snapping its two-day losing streak, the rupee Wednesday recovered by 18 paise to 52.50 against the US dollar in late morning trade on fresh selling of the American currency by banks and exporters in view weak global cues.

Re declines by 42 paise vs dollar; ends at over 3-month low

The rupee lost a hefty 42 paise to close at three-and-a-half-month low of 52.50/51 against the American currency on strong dollar demand from banks and importers amidst a sharp fall in equity markets.

Structural issues to keep rupee weak in near-term: Analysts

The rupee is likely to remain weak in the near-term as factors like low capital inflows and high current account deficit are expected to take their toll on the currency, say industry experts.

Rupee gains 4 paise against dollar in early trade

The rupee rose marginally by 4 paise to 51.10 against the US dollar in early trade Tuesday on the Interbank Foreign Exchange market as the American currency weakened against the euro and some other currencies overseas.

Rupee pares early lows on some dollar selling

The rupee on Monday recovered most of its early losses but still ended 3 paise down at 51.14/15 against the US currency due to late dollar selling by exporters.