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Rupee to remain under pressure in near term: D&B

Last Updated: Tuesday, June 18, 2013, 21:05

The rupee is expected to remain under pressure in the near term, given the strengthening of the dollar against major global currencies and widening of the trade deficit, says a report.

Foreign investors see Rupee trade at 55-level against dollar in 6 months

Last Updated: Friday, May 17, 2013, 19:42

Foreign investors expect the rupee to trade below 55-level against the US dollar in the next six months even as India's large current account deficit is seen as a major risk.

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

Last Updated: Thursday, February 28, 2013, 10:14

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

Last Updated: Wednesday, January 23, 2013, 09:54

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

Last Updated: Thursday, August 30, 2012, 10:13

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

Last Updated: Thursday, June 28, 2012, 10:01

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

Last Updated: Wednesday, June 27, 2012, 10:09

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

Last Updated: Tuesday, June 26, 2012, 10:04

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

Last Updated: Tuesday, May 29, 2012, 21:46

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

Last Updated: Monday, May 28, 2012, 19:08

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

Last Updated: Monday, May 21, 2012, 10:02

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

Last Updated: Tuesday, May 15, 2012, 10:10

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.