Last Updated: Wednesday, July 23, 2014, 18:45
Kotak Mahindra Bank on Wednesday said it expects the rupee to be stable in the 58-61 against the US dollar range in the short-term and that "the days of volatility in the currency are behind us."
Last Updated: Wednesday, July 23, 2014, 17:44
The rupee strengthened to its strongest level in a week and half on Wednesday as continued foreign fund inflows into the domestic share and debt markets aided while gains in other Asian units also helped.
Last Updated: Wednesday, July 23, 2014, 09:58
On Tuesday, the rupee rose six paise to end at 60.24 against the dollar on fresh selling of the American currency by exporters and positive cues from a strong domestic stock market.
Last Updated: Wednesday, July 23, 2014, 09:29
The Indian rupee on Wednesday opened at 60.14 in the early morning trade. It gained 10 paise as compared to Tuesday's closing of 60.24 per dollar.
Last Updated: Tuesday, July 22, 2014, 17:58
The rupee had lost 37 paise, or 0.62 percent, in the previous six sessions.
Last Updated: Tuesday, July 22, 2014, 09:37
Dealers said besides dollar selling by exporters, gains in other currencies against the American unit overseas and a higher opening in the domestic equity market supported the rupee.
Last Updated: Monday, July 21, 2014, 18:23
The Indian rupee on Monday washed out its initial gains against the American currency and finished two paise down at over one-month low level of 60.30 on fag-end dollar demand from banks and importers.
Last Updated: Monday, July 21, 2014, 09:44
The benchmark BSE Sensex rose 173.83 points, or 0.68 percent, to trade at 25,815.39 in early trade on Monday.
Last Updated: Monday, July 21, 2014, 09:28
Traders expect the rupee to trade between 60.20-60.45 vs the US dollar.
Last Updated: Saturday, July 19, 2014, 14:00
The Indian rupee depreciated further by 35 paise to close at one-month low of 60.28 against the greenback on sustained dollar demand from importers, despite smart recovery in local equities and sustained capital inflows.
Last Updated: Friday, July 18, 2014, 18:39
Heavy capital inflows in local equities, however, restricted the rupee fall, said forex brokers.
Last Updated: Friday, July 18, 2014, 10:34
The rupee weakened by 27 paise to trade at six-week low of 60.45 against the US dollar in early trade Friday.
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