Rupee at fresh 2-month low, tumbles 39 paise to 67.36

Rupee at fresh 2-month low, tumbles 39 paise to 67.36

Extending losses for the sixth straight session, the rupee Thursday plummeted by 39 paise to hit an over 2-month low of 67.36 per dollar on persistent demand for the American currency from banks and importers amid higher greenback overseas, coupled with sharp fall in equities.

Rupee breaches 67-mark against US dollar, ends 10 paise lower at 66.97

Rupee breaches 67-mark against US dollar, ends 10 paise lower at 66.97

The rupee continued its free fall against the US dollar for the fifth straight session Wednesday and touched the 67-level after a gap of two months, but closed 10 paise lower at 66.97 on sustained demand for the greenback from banks and importers amid fall in domestic equities.

Rupee hits 2-week closing low of 66.58 against US dollar

Rupee hits 2-week closing low of 66.58 against US dollar

The rupee surrendered its morning gains and ended lower by 4 paise at the close, hitting 2-week low of 66.58 on fag-end dollar demand from banks and importers amid higher greenback in the global markets, despite a sharp recovery in domestic equities.

Rupee snaps 2 weeks gaining spree against on fresh dollar demand

Snapping its last 2-week gaining spree against the American currency, the rupee dropped by 21 paise to 66.54 per dollar on fresh dollar demand from banks and importers.

Rupee falls 11 paise to 66.44 Vs US dollar

Rupee falls 11 paise to 66.44 Vs US dollar

In line with equities, the rupee Monday fell by 11 paise to close at 66.44 on fresh demand for the US currency from banks and importers despite weaker dollar in the overseas market.

RBI cuts minimum maturity period for offshore rupee debt

Reserve Bank of India said on Wednesday it would lower the minimum maturity period for rupee debt issued abroad by Indian companies to three years from five years, in line with foreign investment in corporate bonds.

Rupee continues upward march, ends at 66.43

The rupee on Tuesday ended marginally higher by one paisa to close at 66.43 against the American currency and continued its upward march for the third day today on selling of dollars by banks and exporters in view of sustained foreign capital inflows.

Rupee drops further by 20 paise vs dollar, ends at 66.66

Higher crude oil prices in global market also afftected the market sentiment.

Rupee changes track, slips 11 paise to 66.57 against dollar

Rupee changes track, slips 11 paise to 66.57 against dollar

Rupee slipped from initial gains and was trading down by 11 paise at 66.57 against the US currency in late morning trade on bouts of dollar demand from banks and importers.

Rupee snaps 2-week rise; down 25 paise to 66.46

Snapping its nearly 2-week winning spree against the American currency, the rupee on Tuesday dropped by 25 paise to end at 66.46.

Rupee hits 3-month high of 66.26 against US dollar, up 11 paise

Rupee hits 3-month high of 66.26 against US dollar, up 11 paise

The rupee continued to rule firm for the fifth day Thursday to close at a fresh 3-month high of 66.26, rising 11 paise on persistent selling of US dollars by banks and exporters in view of sustained foreign capital inflows.

Rupee sinks 24 paise to 66.88 vs dollar in early trade

Rupee sinks 24 paise to 66.88 vs dollar in early trade

The dollar was firm against some global currencies, boosted by optimism over the US economy after GDP figures were revised upwards which also weighed on the rupee, dealers said.

Rupee to moderately fall towards 69 in 9-12 months: Citi

Rupee to moderately fall towards 69 in 9-12 months: Citi

The rupee is likely to "moderately depreciate" towards the 69 level in the next 9-12 months on the back of higher crude prices in the second half of next fiscal, a Citigroup report says.

Rupee stays on shaky wicket, slips 8 paise to 66.79 against dollar

Extending its slide for the third straight day, the rupee shed another 8 paise to 66.79 against the dollar in early trade on Wednesday on appreciation of the American currency against others overseas.

Rupee loses ground, down 11 paise to 66.64 against dollar

Rupee loses ground, down 11 paise to 66.64 against dollar

The rupee had closed 3 paise lower at 66.53 against the dollar at the Interbank Foreign Exchange yesterday on fag-end demand for the American currency.

Rupee sinks 15 paise at 67.26 vs dollar in early trade

The dollar was firm against some global currencies which also weighed on the rupee, dealers said.

Rupee extends gains for 3rd day against dollar, ends at 67.05

Extending gains against the American currency for the third consecutive day, the rupee Friday ended at 67.05 per dollar, higher by 2 paise on persistent selling of the greenback by banks and exporters in view of sustained foreign capital inflows into equities.

Rupee inches up 8 paise to 67.13 against dollar

Besides, sustained foreign capital inflows gave the rupee some muscle, dealers said.

Rupee sinks 19 paise to 67.27 vs dollar

A firm dollar against some global currencies overseas weighed on the rupee, but further gains at the domestic equity market capped the losses, dealers said.

Rupee at a 7-week high of 67.36 against dollar

Rupee at a 7-week high of 67.36 against dollar

Hardening for the fifth consecutive day, the rupee today appreciated another 18 paise to trade at a 7-week high of 67.36 against the dollar on sustained bouts of selling of the US currency by banks and exporters amid foreign capital inflows.