currency

Currency printing presses running at full capacity to sustain demand: RBI

Currency printing presses are running at "full capacity" to sustain demand for new notes, RBI said on Saturday, while asking people to switch to other modes of payment such as debit and credit cards to reduce strain on bank branches.

Nov 12, 2016, 18:59 PM IST

AIIMS to exempt OPD and clinical charges for two days - Read why

PM Narendra Modi had on Tuesday announced that hospitals, railway, bus and airlines ticket counters will continue to accept Rs 500 and Rs 1,000 notes for the next 72 hours.

Nov 09, 2016, 18:40 PM IST

Burnt currency notes found in Uttar Pradesh town

Prime Minister Narendra Modi on Tuesday evening announced demonetisation of Rs 500 and Rs 1,000 denomination currency notes

Nov 09, 2016, 17:56 PM IST

Kolkata people in fix over refusal to accept high denomination notes

People were in a quandary here on Wednesday over the reluctance on the part of many outlets to accept demonetised notes of Rs 500 and Rs 1,000.

Nov 09, 2016, 17:14 PM IST

India's foreign exchange reserves move up by $16 million to reach $367 billion

India`s foreign exchange reserves inched up by $16.6 million to $367.15 billion as on October 28, the Reserve Bank of India (RBI) has said.

Nov 05, 2016, 18:20 PM IST

Capital flows out of China slowing: Beijing

The flood of billions of dollars out of China slowed dramatically in the second quarter, official figures showed today, despite the yuan's persistent weakness making it less attractive to hold.

Jul 21, 2016, 17:28 PM IST

Russian President Putin calls for measures to strengthen national currency ruble

 Russian President Vladimir Putin has asked the government to consider measures needed to strengthen the national currency, the ruble, the president's official website said Wednesday.

Jul 20, 2016, 20:56 PM IST

What does Brexit mean for India?

Britain on Thursday holding a crucial referendum vote to decide whether the country should remain with the European Union (EU) or part ways.

Jun 23, 2016, 16:46 PM IST

Dollar in lower 109 yen zone in early Tokyo trade

At 9 a.m., the dollar was quoted at 109.13-14 yen compared with 108.95-109.05 yen in New York and 108.92-94 yen at 5 p.m. in Tokyo on Thursday.

May 13, 2016, 07:40 AM IST

US dollar snaps six-day winning streak

The greenback was also supported by recent upbeat remarks from several Federal Reserve officials about the US economy.

May 12, 2016, 06:30 AM IST

Singapore unexpectedly eases policy as growth stalls, currency tumbles

Singapore`s central bank unexpectedly eased policy on Thursday after growth stalled in the first quarter, darkening the outlook for the trade-dependent economy and triggering the worst fall in the local dollar in eight months

Apr 14, 2016, 11:47 AM IST

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

Mar 28, 2016, 19:35 PM IST

ECB plays down effects of negative interest rates on banks

The European Central Bank on Wednesday sought to counter claims by eurozone banks that negative interest rates are hurting their profitability.

Mar 02, 2016, 17:33 PM IST

Nigeria not to devalue currency: Vice President Yomi Osinbajo

Nigeria's currency will not be devalued despite pressures, Vice President Yomi Osinbajo said.

Feb 28, 2016, 09:24 AM IST

How market performed in 2015- Dalal Street, Rupee, Gold

India's stock market ran out of steam in calendar 2015 after rallying about 30 percent in the previous calendar, weighed down by both global as well as local factors.

Dec 16, 2015, 16:52 PM IST

Rupee gains 12 paise at 65.29 against dollar

The dollar also weakened against other major global currencies as the International Monetary Fund trimmed its global economic growth forecast and the US trade deficit widened, dealers said.

Oct 07, 2015, 09:56 AM IST

Rupee strengthens 9 paise at 65.49 against US dollar

The rupee appreciated by 9 paise to 65.49 against the dollar in early trade on Thursday on sustained selling of the American currency by exporters and banks amid increased foreign fund inflows.

Oct 01, 2015, 09:39 AM IST

Rupee gains 19 paise at 65.77 against US dollar

The rupee rose by 19 paise at 65.77 against the US dollar in early trade on Wednesday at the Interbank Foreign Exchange after the Reserve Bank cut interest rates by 0.50 per cent yesterday.

Sep 30, 2015, 10:00 AM IST

Rupee declines 5 paise at 66.38 against US dollar

Besides, a weak opening in the domestic equity market weighed, dealers said. A weakness in the US dollar against major world currencies in the global market, however, limited the rupee fall.

Sep 15, 2015, 09:33 AM IST

Rupee gains 14 paise at 66.40 against US dollar

Forex dealers said that besides selling of the American currency, a higher opening in the domestic equity market and weakness of the dollar against other currencies supported the rupee.

Sep 14, 2015, 09:44 AM IST