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Rupee edges lower after surging to three-week highs

Last Updated: Thursday, July 03, 2014, 19:00

The rupee Thursday surged to three-week highs in early trade but closed four paise lower at 59.73 against the dollar on weakness in local stocks and persistent demand for the American currency from importers, including oil firms.

Rupee rises 38 paise to 59.69 Vs dollar, most is 7 weeks

Last Updated: Wednesday, July 02, 2014, 18:29

The rupee on Wednesday appreciated 38 paise -- its biggest single-day rise in seven weeks -- to close at 59.69 against the US dollar on optimism that the budget next week would contain strong measures to put finances and the economy back on track.

Rupee gains most in over 10 days, ends at 60.07 Vs US dollar

Last Updated: Tuesday, July 01, 2014, 18:15

In line with rise in stocks, the rupee Tuesday rose by 10 paise -- its biggest single-day rise in over ten days -- to end at 60.07 against the dollar after the government hiked fuel and LPG prices to ease subsidy burden.

Rupee recovers from one-week lows to end at 60.12 vs USD

Last Updated: Wednesday, June 25, 2014, 19:29

The rupee Wednesday reversed early losses and ended one paisa higher at 60.12 against the US dollar as sales of the American currency by exporters, including IT firms, helped the local unit bounce back from one-week lows.

Rupee eases two paise Vs US dollar to end at 60.20

Last Updated: Monday, June 23, 2014, 17:48

At the Interbank Foreign Exchange (Forex) market, the domestic unit commenced better at 60.10 a dollar from previous close of 60.18.

Rupee inches up two paise Vs dollar to 59.27

Last Updated: Wednesday, June 11, 2014, 19:59

The rupee Wednesday snapped its two days of losses and edged up two paise to end at 59.27 against the dollar following late selling of the US currency by exporters.

Rupee logs first drop in four days to end at 59.20

Last Updated: Monday, June 09, 2014, 21:27

Bucking the trend in stocks, the Indian rupee on Monday washed out initial gains and logged its first drop in four sessions to end at 59.20 against the dollar on late demand for the American currency from importers.

Rupee up 5 paise on fag-end dollar selling

Last Updated: Wednesday, June 04, 2014, 18:17

Snapping a four-day losing trend, the rupee on Wednesday recovered by 5 paise to close at 59.33 against the US currency on fag-end dollar selling by banks and exporters on hopes of good foreign capital inflows into equities.

Rupee falls for third-straight day, closes at 59.15

Last Updated: Monday, June 02, 2014, 19:32

Ignoring the surge in local stocks, the rupee continued its downfall for the third straight day as it lost four paise against the dollar to end the day at 59.15.

Rupee weakens for 2nd day, falls 19 paise to 58.71 Vs dollar

Last Updated: Monday, May 26, 2014, 18:10

The rupee Monday weakened 19 paise, logging its sharpest drop in over a month, to close at 58.71 against the US dollar, amid demand for the American currency from oil importers and late profit-booking in equities.

Rupee closes at over 11-month peak of 58.47 Vs dollar

Last Updated: Thursday, May 22, 2014, 18:24

The rupee on Thursday rose by 30 paise, its biggest single-day gain in a week, to close at over 11-month peak of 58.47 against dollar following renewed selling of the US currency by exporters and a recovery in local equities.

Rupee snaps 4-day gaining string, ends 4 paise down

Last Updated: Tuesday, May 20, 2014, 18:24

Ending a four-day upmove, the rupee on Tuesday retreated four paise from its 11-month high levels to close at 58.63 against the dollar on fresh demand for the US currency from importers, amid some profit-booking in stocks.