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Weekly Review: Rupee continues strong recovery momentum for 2nd consecutive week

Weekly Review: Rupee continues strong recovery momentum for 2nd consecutive week

A spectacular performance on domestic equities further supported the rally.

Rupee ends steady at 64.45 against dollar

Rupee ends steady at 64.45 against dollar

Asian and emerging market currencies breathed a sigh of relief overnight after Fed Chair Janet Yellen indicated monetary policy tightening policy will be gradual.

TCS upbeat on client spending after first-quarter profit dip

TCS upbeat on client spending after first-quarter profit dip

Top Indian software services exporter Tata Consultancy Services (TCS) said on Thursday it was optimistic about client spending on technology even as a cautious global environment and a stronger rupee dented first-quarter profit.

State Bank of Pakistan says 3% currency drop to address external pressures, help economy

State Bank of Pakistan says 3% currency drop to address external pressures, help economy

Pakistan`s central bank said on Wednesday a sudden 3 percent weakening of the rupee against the dollar would help the country`s external account and shore up economic growth.

Weekly Review: Rupee stretches downward trend for second-straight week

Weekly Review: Rupee stretches downward trend for second-straight week

Rupee depreciated by a modest 9 paise to end at 64.52 against the US currency in a highly volatile week on the back of renewed dollar demand from importers and banks.

Weekly review: Rupee loses steam; ends week with a loss of 19 paise at 64.43 against dollar

Weekly review: Rupee loses steam; ends week with a loss of 19 paise at 64.43 against dollar

The most powerful central bank in the world - the US Federal Reserve announced a quarter-point increase in the target range for the federal funds target range of 1.00 to 1.25 percent.

Rajiv Gandhi's famous 15 paise remark finds mention in SC verdict

Rajiv Gandhi's famous 15 paise remark finds mention in SC verdict

Former prime minister Rajiv Gandhi's famous remark in 1985 that only 15 paise of every rupee meant for welfare of downtrodden reaches them has found mention in the judgement of the Supreme Court which said this "malaise" can be taken care of by Aadhaar scheme.

Weekly review: Rupee makes roaring comeback to hit its highest level in three-week

Weekly review: Rupee makes roaring comeback to hit its highest level in three-week

Keeping its edge against the beleaguered dollar, the home currency ended higher by a solid 20 paise at 64.24.

Weekly Review: Rupee ends the week virtually stable

Weekly Review: Rupee ends the week virtually stable

The rupee ended the week virtually stable at 64.44 against the US dollar after witnessing a bit of roller coaster ride even as equities continued their record- breaking rally.

New one rupee notes to be in circulation soon

New one rupee notes to be in circulation soon

New one rupee notes with predominantly pink-green on obverse and reverse in combination with other colours will be soon put into circulation.

Weekly Review: Rupee bounce-back from a near one-month low against dollar

Weekly Review: Rupee bounce-back from a near one-month low against dollar

The rupee staged a striking bounce-back from a near one-month low against US currency in a volatility marked trading and ended at 64.44 on bouts of dollar selling by banks and exporters even as stocks climbed to new milestones.

Rupee recovers from 7-week low, up 16 paise at 64.73

Rupee recovers from 7-week low, up 16 paise at 64.73

The rupee on Wednesday reclaimed some lost ground by rebounding 16 paise to 64.73 following fresh bouts of dollar selling by banks and exporters.

Weekly Review: Rupee suffered major setback; plunges to fresh one-month low

Weekly Review: Rupee suffered major setback; plunges to fresh one-month low

The resurgent rupee suffered a major setback during the week as the home currency crumbled under heightened US political instability fears and plunged to end at a fresh one-month low of 64.64 against the greenbank.

Rupee off to cautious start, recoups 16 paise at 64.68 against USD

The rupee made a tentative recovery of 16 paise at 64.68 against the dollar at the start of the session today after banks and exporters hit the sale button for the US currency.

Rupee pauses after 3-day rally, retreats from 21-month high

Catching its breath after a spectacular three-day rally, the rupee surrendered some gains against the US currency and settled lower by 3 paise at 64.08 on fresh bouts of dollar demand.

Weekly Review: Rupee stages a spectacular recovery against dollar

Weekly Review: Rupee stages a spectacular recovery against dollar

The forex market sentiment also got a boost from the domestic equities' which scaled their life highs and also expectation of good monsoon reviving rural demand, soft interest rates and strong lending growth for the region's third largest economy.

Weekly review: Rupee fell back from a near 21-month high against dollar

Weekly review: Rupee fell back from a near 21-month high against dollar

Snapping a brief recovery, the home currency ended the week with a loss of 14 paise.

Rupee rise shows economic power, govt not targeting level: Das

Rupee rise shows economic power, govt not targeting level: Das

The domestic currency has been Asia's best performer this year and its rising clout against the US dollar has been aided by a hands-off approach by the RBI.

Weekly review: Rupee makes strong comback against dollar; ends at a near 21-month high

Halting a two straight weeks of downfall, the rupee made a strong comback against the US currency and ended at a near 21-month high of 64.24 - surging by a good 37 paise on heavy dollar selling by exporters and corporates.

Rupee slides for 2nd day, down 8 paise at 64.24

The rupee lost further ground on Friday and finished lower by 8 paise at 64.24 a dollar on sustained month-end demand for the US currency from importers and banks.