Last Updated: Saturday, June 21, 2014, 16:29
Mumbai: The Indian rupee continued to fall against the American currency for the fourth consecutive week by slipping another 41 paise to settle at 60.18 per dollar
Last Updated: Tuesday, June 17, 2014, 10:07
The price rise of essential food items like vegetables, fruits and cereals, pushed up inflation to five-month high of 6.01 percent in May.
Last Updated: Friday, June 13, 2014, 10:28
The rupee is trading at 59.47/48, after hitting 59.4925, its lowest since May 15 and below its close of 59.25/26, tracking weak global cues following tensions in Iraq and downbeat U.S. economic data.
Last Updated: Monday, June 09, 2014, 10:23
The Reserve Bank of India was spotted buying dollars via state-run banks starting around 58.99-59.00, three traders said, continuing its heavy intervention to curb strength in the rupee.
Last Updated: Friday, June 06, 2014, 20:00
Dollar selling by exporters also aided the rupee rise while the dollar index was up marginally.
Last Updated: Thursday, May 22, 2014, 10:10
The rupee on Thursday recovered by 13 paise to 58.64 against the dollar in early trade at the Interbank Foreign Exchange market on fresh selling of dollars by exporters and banks.
Last Updated: Tuesday, May 20, 2014, 17:35
Even as money floods into India, the Reserve Bank is bracing for the worst, building up currency reserves and drafting a game plan to protect the rupee against the sort of rout that alarmed policymakers and investors last year.
Last Updated: Friday, September 27, 2013, 18:14
"We think that based on the REER (real effective exchange rate) value, that (59-60) is the right level of the rupee and it should not overshoot its mark.
Last Updated: Friday, September 27, 2013, 17:09
Rupee value versus US dollar has been affected severely because of high CAD and other global factors.
Last Updated: Monday, September 23, 2013, 10:14
It moved in a range of 62.34-62.60 per dollar during the morning deals.
Last Updated: Friday, September 20, 2013, 10:07
The rupee had surged 161 paise, to close at a more than one-month high of Rs 61.77 against the dollar in yesterday's trade.
Last Updated: Thursday, September 19, 2013, 09:10
The fund manager survey also stated that the investors continue to remain underweight on emerging markets despite the strong rebound in sentiment towards China.
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