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 snaps 2-day losing streak vs dollar, up 19 paise

Snapping its two-day losing streak, the rupee today gained 19 paise to close at 66.47 a dollar on fresh selling of dollars by banks and exporters as the US currency weakened in global markets.

Move towards 4% inflation to contain rupee volatility: Raghuram Rajan

Move towards 4% inflation to contain rupee volatility: Raghuram Rajan

Seeking to guard investor returns from excessive exchange rate movements, RBI Governor Raghuram Rajan today said a move towards an inflation target of 4 per cent will help contain the currency market volatility

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 extends gains for 2nd day, up 7 paise vs dollar

Rupee extends gains for 2nd day, up 7 paise vs dollar

The rupee extended its gains for the second day on Monday against the US currency, moving up by 7 paise to close at 66.57 a dollar even as stock markets fell

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 hits over 2-month high of 66.75 against dollar, up 47 paise

Rupee hits over 2-month high of 66.75 against dollar, up 47 paise

The rupee Thursday closed at an over two-month high of 66.75 per dollar by gaining 47 paise on persistent selling of the American currency by banks and exporters after the US Fed indicated a slower pace on rate hike.

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 dominance continues, ends at 7-week high of 67.34 Vs USD

Rupee dominance continues, ends at 7-week high of 67.34 Vs USD

The rupee has gained by 138 paise, or 2.01 percent in five days - the longest winning run this year so far.

 

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.

Asia shares scale 7-week peak, commodities on the mend

Asia shares scale 7-week peak, commodities on the mend

Asian shares were bound for a third straight session of gains on Thursday as upbeat data on U.S. jobs and a rally in a range of commodities whetted risk appetites globally.