Last Updated: Thursday, October 10, 2013, 19:03
The Reserve Bank of India pumped in USD 3.18 billion in the forex market to arrest the slide of the rupee in August, when it fell to an all-time low against the dollar.
Last Updated: Thursday, September 19, 2013, 09:48
Rupee showed a sharp gain of 142 paise or 2.24 percent from its last close.
Last Updated: Wednesday, September 18, 2013, 09:42
The rupee washed out earlier losses Wednesday and was quoted higher by 19 paise to 63.18 per dollar on fresh selling of the US currency by banks and exporters on the back of its weakness overseas.
Last Updated: Tuesday, September 17, 2013, 14:18
As their currency rates witness a sharp decline against the US dollar, "serious tremors" have been generated in India and many other emerging markets, the Bank for International Settlements (BIS) has said.
Last Updated: Thursday, September 12, 2013, 09:56
The domestic currency has spurted by 425 paise or 6.28 percent in last five straight sessions.
Last Updated: Sunday, September 08, 2013, 17:34
The Reserve Bank was net seller of the dollar twice this year in May and June, according to its monthly data.
Last Updated: Saturday, September 07, 2013, 22:37
"The recent depreciation of rupee, which is more than 18 percent during the last one year, high food inflation and a drop in manufacturing activity are matters of concern.
Last Updated: Friday, September 06, 2013, 09:23
Finance Minister P Chidambaram had yesterday asserted in the Lok Sabha that rupee will correct itself and the growth will bounce back.
Last Updated: Thursday, September 05, 2013, 09:30
The 30-Share barometer Sensex climbed by 392 points to 18,989 with all sectoral indices, except IT, trading in the positive zone rising up to 7.53 percent.
Last Updated: Monday, September 02, 2013, 13:16
Hiring outlook has weakened in most of the Asia Pacific region, particularly in India with the rupee falling against most currencies and experts are of the opinion that the worst is yet to come.
Last Updated: Monday, September 02, 2013, 12:58
The Indian rupee trimmed its initial losses but was still quoted down by 14 paise to 65.84 per dollar on demand for the US currency from banks and importers due to higher global cues amid firm equity market.
Last Updated: Monday, September 02, 2013, 09:32
The 30-share Sensex was trading up at 177 points to 18,791 led by buying in IT, FMCG, banking and healthcare.
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