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Rupees News

14 Dec 2018

Nepal bans higher denomination Indian currency notes

The Nepal government has banned the use of Indian currency notes of Rs 2,000, Rs 500 and Rs 200 denominations, according to a media report.

currency shortage

17 Apr 2018

No currency shortage, printing of notes ramped up, says RBI

An unusual spurt in currency demand in states like UP, MP, AP as well as poll-bound Karnataka led to dry ATMs in several parts of the country.

12 Oct 2016

Abolish Rs 500, 1,000 notes to curb black money: Chandrababu Naidu

Andhra Pradesh Chief Minister N Chandrababu Naidu on Wednesday reiterated his demand for immediately abolishing currency notes of Rs 500 and Rs 1,000 denominations to check black money in the country.

09 Apr 2016

Forex reserves surge to record high of $359.759 bn

India's foreign exchange reserves surged by a whopping USD 4.2 billion to touch a record high of USD 359.759 billion in the week ended April 1, mainly on account of rise in foreign currency assets, the Reserve Bank said today.

22 Oct 2014

Rupee trims initial gains, still up 8 paise

The domestic unit resumed higher at 61.15 per dollar as against yesterday's level of 61.31 at the Interbank Foreign Exchange market.

21 Oct 2014

Rupee gains 8 paise to 61.28 against dollar in early trade

The domestic currency had gained 8 paise to close at a one-week high of 61.36 against the dollar in yesterday's trade in line with rally in stocks.

20 Oct 2014

Rupee gains 25 paise to 61.19 against dollar in early trade

The domestic currency had bounced back by 39 paise to close at 61.44 against the dollar on Friday.

16 Oct 2014

Rupee down 15 paise to 61.56 against dollar

The rupee lost 15 paise to 61.56 against the US dollar in early trade today at the Interbank Foreign Exchange due to increased demand for the US currency from importers amidst capital outflows.

13 Oct 2014

Rupee up 8 paise to 61.27 against dollar in early trade

The rupee recovered by 8 paise to 61.27 against the US dollar in early trade on Monday at the Interbank Foreign Exchange market on fresh selling of the American currency.

10 Oct 2014

Rupee trims initial losses, still down by 8 paise vs dollar

The rupee had gained 35 paise to close at over one-week high of 61.05 against the dollar yesterday.

08 Oct 2014

Rupee down 5 paise to 61.48 against dollar in early trade

The rupee yesterday appreciated by 18 paise to close at 61.43 against the Greenback.

07 Oct 2014

Rupee up 18 paise Vs dollar at 61.43

The rupee on Tuesday ended higher by 18 paise to 61.43 against the dollar on sustained selling of the US currency by banks and exporters.

03 Sep 2014

RBI allows ECB lenders to extend loans in rupees

Relaxing norms for external borrowings, the RBI Wednesday allowed ECB lenders can now extend loans in Indian Rupees to domestic businesses.

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