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Rupee fall

Speculations may have triggered rupee fall: SBI report

The report further said the Reserve Bank of India should have created a special window for oil marketing companies and have taken out USD 400-450 million daily dollar demand.

Nov 29, 2018, 14:38 PM IST

FinMin allows OMCs to borrow $10 billion with 5 years maturity in phased manner

OMCs will not be required to hedge their exposure.

Oct 04, 2018, 14:42 PM IST

Govt steps to boost capital inflow unlikely to reverse Rupee slide: Moody's

The rupee has depreciated more than 10 percent against the US dollar since January 2018 and was at Rs 72.1 against the dollar as of September 21.

Sep 24, 2018, 09:51 AM IST

India considers raising import duty on steel to support rupee

The source said there was no certainty that the proposed duty would be imposed.

Sep 19, 2018, 11:34 AM IST

Rupee ends at fresh record low of 72.97 against dollar

IMF has warned that the rupee depreciation would jack up the prices of imported goods.

Sep 18, 2018, 17:19 PM IST

With Rupee on sticky wicket, PM Modi to hold crucial meeting with officials

The meeting comes in the backdrop of the Indian currency touching its lifetime low.

Sep 14, 2018, 16:21 PM IST

Rupee not to go in for free fall: Former RBI Guv Rajan

The RBI has increased the key lending rate twice in the recent past on inflationary concerns.

Sep 11, 2018, 10:34 AM IST

Rupee falls for 6th day in a row, RBI swings into action

The Indian rupee's unabated fall continued for the sixth straight session Wednesday, hitting yet another closing low of 71.75, down 17 paise against the US currency as surging oil prices and weak trend in emerging market currencies weighed on sentiments.

Sep 05, 2018, 21:26 PM IST

As Rupee plunges to historic lows, Finance Minister Arun Jaitley says ‘no domestic factor’

We must bear in mind that dollar has strengthened against almost every currency, said Finance Minister Arun Jaitley.

Sep 05, 2018, 21:18 PM IST

Rupee to fall to record low over coming year

The rupee is expected to fall further to 69.50 by year-end.

Jan 06, 2017, 15:47 PM IST

Rupee falls for eight straight session, holds at 2-1/2 month low of 67.49

Extending its fall for the eighth straight session, the rupee today depreciated by another 5 paise to end at 67.49 per dollar on sustained demand for the US currency from banks and importers.

May 23, 2016, 18:32 PM IST

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.

Mar 23, 2016, 12:39 PM IST

RBI's defence of rupee depletes Forex by $1.90 billion

The forex reserves of India plunged to USD 351.73 billion, due to the RBI's attempt to stem the fall in rupee value and maintain the currency in it's comfort zone.

Nov 14, 2015, 14:37 PM IST

Rupee must fall more to save exports, prevent China dumping: SBI

As the rupee touched a new 2-year low, State Bank chairperson Arundhati Bhattacharya today said it must fall further to help domestic exporters.

Sep 07, 2015, 20:42 PM IST

Fall in crude prices responsible for dip in exports: Govt

As merchandise shipments continue to fall since last December, a top official in Commerce Ministry today attributed the declines to sharp fall in fuel prices overseas, which led to a dip in petroleum product exports.

Aug 25, 2015, 23:18 PM IST

'No immediate advantage to exporters from rupee fall'

The steep depreciation of rupee will not give an immediate advantage to the country's exporters, trade bodies said Monday.

Aug 24, 2015, 23:04 PM IST

IT stocks gain on rupee fall

IT stocks were in limelight Wednesday, gaining nearly 3 percent, as the stronger US currency boosts the sales of software firms in rupee terms.

May 20, 2015, 19:06 PM IST

Falling rupee may spook rate cut hopes, says SBI

The continued weakening of the rupee driven by external factors is likely to delay any interest rate cut by the Reserve Bank, according to a survey.

Dec 17, 2014, 19:46 PM IST

Rupee extends falls; weaker stocks hurt

The rupee is trading at 58.86/87 versus its Friday`s close of 58.52/53, after falling as low as 58.93 tracking losses in the domestic share market and on some dollar short-covering ahead of Narendra Modi`s swearing-in ceremony.

May 26, 2014, 16:48 PM IST

ECGC net up 48% at Rs 361 cr in FY14

The Export Credit Guarantee Corporation of India (ECGC) on Monday reported a 48 per cent rise in net income at Rs 360.7 crore for the fiscal ending March, driven by rupee fall and business growth.

May 19, 2014, 19:16 PM IST