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Rupee snaps 2-week gaining streak, ends at 59.93 Vs dollar

Rupee snaps 2-week gaining streak, ends at 59.93 Vs dollar

Last Updated: Saturday, July 12, 2014, 17:46

The Indian rupee snapped its two-week gaining streak and slipped by 21 paise to close at 59.93 against the greenback.

Rupee rebounds 26 paise to 59.93 Vs dollar

Rupee rebounds 26 paise to 59.93 Vs dollar

Last Updated: Friday, July 11, 2014, 17:49

The rupee on Friday bounced back by 26 paise to end at 59.93 versus dollar as exporters and some banks sold the greenback, but steep losses in previous sessions forced the local currency to log its first weekly drop in three.

Union Budget 2014-15: Rupee logs worst drop in a month, down 44p at 60.19 vs dollar

Last Updated: Thursday, July 10, 2014, 19:00

Thuesday's fall of 44 paise, or 0.74 percent, is the worst drop of since the 52 paise plunge on June 13, 2014.

For every Re in govt kitty, 24 paise to come from borrowing

Last Updated: Thursday, July 10, 2014, 16:29

For every rupee in government kitty, as much as one-fourth will come from market borrowing in 2014-15 while 20 paise would be spent towards interest payment.

Rupee up 12 paise to 59.63 against Dollar

Last Updated: Thursday, July 10, 2014, 09:46

Rising for the third straight day, the rupee strengthened by 12 paise to 59.63 against the dollar in early trade Thursday at the Interbank Foreign Exchange market on sustained selling of the US currency by exporters amid a higher opening of the domestic equity market.

Dubai bourse to relist Indian rupee options contract

Last Updated: Wednesday, July 09, 2014, 17:55

The new EOS platform will help the exchange to support high volumes in innovative products such as Indian rupee options. 

Economic Survey: India lost competitiveness in key markets for stocks, rupee

Last Updated: Wednesday, July 09, 2014, 15:24

India has lost competitiveness in key international markets for stocks and rupee due to adverse tax treatment of overseas investors as also bureaucratic and procedural issues, the government said Wednesday.

Rupee down 14 to 59.92 paise against dollar in early trade

Last Updated: Wednesday, July 09, 2014, 10:15

The rupee weakened by 14 paise to 59.92 against the US dollar in early trade on Wednesday at the Interbank Foreign Exchange market on high demand for the American currency from importers.

Rupee rebounds 23 paise Vs US dollar to end at 59.78

Last Updated: Tuesday, July 08, 2014, 19:32

In contrast to falling equities, the rupee on Tuesday recovered 23 paise to end at 59.78 against the dollar after exporters and some banks sold the US currency.

Rupee appreciation, wage hike may impact margins of IT players: Barclays

Last Updated: Tuesday, July 08, 2014, 17:21

"Margins are expected to be negatively impacted due to rupee appreciation (100bps impact) and also by wage hikes at TCS, Infosys and Wipro," Barclays said.

Iraq crisis led to rupee depreciation: Govt

Last Updated: Tuesday, July 08, 2014, 16:32

The hardening of international oil prices and market expectations on the same could be the main reason that led to the depreciation of the rupee.

Rupee recovers 8 paise to 59.93 Vs dollar

Last Updated: Tuesday, July 08, 2014, 09:55

The rupee Tuesday recovered by 8 paise to 59.93 against the US dollar in early trade at the Interbank Foreign Exchange market on increased selling of the American currency by exporters.