currency

Rupee plunges 32 paise at 66.73 against dollar

Forex dealers said besides dollar strengthening against other currencies, fresh demand for the American unit from importers and a lower opening in the domestic equity market put pressure on the rupee.

Sep 10, 2015, 09:43 AM IST

Rupee strengthens 24 paise at 66.31 against US dollar

Dealers said apart from increased selling of the US currency by exporters and banks, weakening of dollar overseas also supported the domestic currency.

Sep 09, 2015, 09:35 AM IST

Rupee recovers 8 paise at 66.74 against US dollar

The rupee had plunged by 36 paise to settle at two-year low of 66.82 against the American currency yesterday on persistent dollar demand from banks and importers due to sustained foreign capital outflows.

Sep 08, 2015, 09:38 AM IST

Rupee weakens 17 paise to 66.63 against US dollar

Forex dealers said persistent demand for the dollar from importers and sustained capital outflows by foreign funds also weighed on the rupee.

Sep 07, 2015, 10:09 AM IST

Yuan weakens despite firmer midpoint, less intervention seen

"Dollar sales by state-owned banks on behalf of the central bank eased today," said a dealer at a European bank in Shanghai.

Sep 07, 2015, 09:52 AM IST

G20 vows to boost fragile growth, nudges China on currency

G20 finance ministers and central bank chiefs on Saturday pledged to act decisively to shore up stuttering global growth and to refrain from unsettling currency moves after China`s controversial devaluation last month.

Sep 05, 2015, 20:32 PM IST

Global safety nets to check currency, market volatility needed: FM Jaitley

Jaitley also sought a well-designed and quickly-triggered safety nets under IMF like strengthening of liquidity arrangements via multilateral swap arrangements between member countries.

Sep 05, 2015, 17:41 PM IST

Rupee strengthens 8 paise at 66.14 against dollar

Forex dealers said domestic equity markets opening with gains supported the rupee, but dollar's strength against other currencies overseas capped the gains.

Sep 02, 2015, 09:39 AM IST

Rupee recovers 10 paise at 66.38 against US dollar

The rupee had lost 34 paise to close at one-week low of 66.48 against the US dollar yesterday on persistent month-end demand for the American currency from importers.

Sep 01, 2015, 10:03 AM IST

Rupee down 16 paise at 66.30 against dollar in early trade

Besides, a lower opening of the domestic equity market weighed on the domestic currency but dollar's weakness against other currencies capped the losses, forex dealers said.

Aug 31, 2015, 10:09 AM IST

Rupee trims initial losses, still down 59 paise at 66.42

The domestic currency resumed sharply lower at 66.47 per dollar as against last weekend's level of 65.83 at the Interbank Foreign Exchange (Forex) market.

Aug 24, 2015, 11:36 AM IST

Rupee slumps to two-year low, crashes to 66.49 against US dollar

A strong dollar demand from importers and banks, and heavy losses in domestic equity markets weighed on the local currency, forex dealers said.

Aug 24, 2015, 09:51 AM IST

Rupee sinks to 2-year low at 65.40 against US dollar

Forex dealers said apart from sustained demand for the US currency from importers and dollar's gain against other currencies overseas, lower opening in domestic equity markets put pressure on the rupee.

Aug 19, 2015, 10:06 AM IST

Dollar up on rate hike hopes, baht falls after Bangkok blast

The dollar broadly rose on Tuesday as strong housing data bolstered hopes for a US interest rate hike, while the Thai baht slumped to a fresh six-year low after a deadly Bangkok bombing.

Aug 18, 2015, 11:32 AM IST

Rupee back at over two-year lows, falls 21 paise to Rs 65.21

The domestic currency on Thursday had plummeted by 32 paise to 65.10 against the dollar, hitting its weakest level last seen in September 2013, as China further devalued yuan.

Aug 17, 2015, 09:39 AM IST

China's move to devalue currency could reverberate globally

China's surprise move on Tuesday to devalue its currency has intensified concerns about the world's second-largest economy, whose growth has reached a six-year low.

Aug 12, 2015, 01:55 AM IST

Govt expenditures must be within means: FM Jaitley

Speaking at the first Indian Cost Accounts Service Day celebration here, Jaitley said what happened in Greece recently was a direct consequence of the fact that governments there decided "not to live" within their means.

Aug 09, 2015, 20:28 PM IST

Rupee weakens by 6 paise to 64.10 against dollar

Besides, month-end demand for the American currency from importers weighed on the rupee but a higher opening in the domestic equity market capped the losses, forex dealers said.

Jul 31, 2015, 09:56 AM IST

Dollar rally takes breather in Asia

In Tokyo, the greenback bought 123.98 yen against 124.15 yen in New York, where it briefly jumped to 124.50 yen.

Jul 31, 2015, 09:39 AM IST

Rupee down 7 paise at 63.98 against dollar

Besides, month-end demand for the US currency from importers also weighed on the rupee. Early gains in the stock markets, however, capped the rupee fall, dealers said.

Jul 30, 2015, 10:01 AM IST