currency

Rupee down 19 paise at 62.55 against US dollar

Forex dealers said fresh demand for the dollar from importers also weighed on the local currency but a higher opening in the domestic equity market limited the rupee's losses.

Apr 20, 2015, 09:33 AM IST

Dollar dented by more weak US data

The greenback was changing hands at 119.00 yen in Tokyo afternoon trading, slightly down from 119.04 yen in New York and well off the 119.33 yen in Tokyo earlier Thursday.

Apr 17, 2015, 11:47 AM IST

Rupee down 7 paise at 62.37 against US dollar

Forex dealers said apart from fresh demand for the dollar, a lower opening in the domestic equity market also weighed on the local currency.

Apr 17, 2015, 09:45 AM IST

Dollar struggles as weak US data clouds rate-hike picture

The euro lost early gains to trade at $1.0678 from $1.0684, while it rose to 127.49 yen from 127.29 yen in US trade.

Apr 16, 2015, 11:39 AM IST

Rupee marginally up at 62.3 against US dollar

Forex dealers said besides selling of the American currency by exporters and banks, weakness in the dollar against other currencies on worse-than-expected US industrial production data, supported the rupee.

Apr 16, 2015, 09:49 AM IST

Rupee recovers 13 paise at 62.38 against US dollar

Forex dealers said besides increased selling of the US dollar by exporters, a higher opening in the domestic equity market, supported the rupee.

Apr 15, 2015, 09:45 AM IST

IMF to `closely` examine currency swings: German source

Top finance officials from the world`s leading economies are keeping a close eye on exchange rate swings and will discuss developments in China`s currency at talks in Washington this week, a German government source said.

Apr 14, 2015, 23:52 PM IST

Rupee drops 5 paise at 62.36 against US dollar

Forex dealers attributed the fall in the rupee to the dollar's strength against other global currencies and increased demand for the greenback from importers.

Apr 13, 2015, 09:50 AM IST

RBI should use Indian paper, ink to print currency: PM Modi

It is ironic that the photograph of Mahatma Gandhi, who fought for swadeshi, appears on currency printed on imported paper, Modi said.

Apr 02, 2015, 16:11 PM IST

Rupee gains 10 paise at 62.57 against US dollar

The local currency had lost 26 paise to close at 62.67 yesterday due to renewed month-end demand from the dollar from importers.

Mar 31, 2015, 09:37 AM IST

Rupee falls 26 paise at 62.67 on fresh dollar demand

Fresh capital outflows and dollar gains in overseas markets also weighed on the rupee, while strong rebound in local equities restricted the rupee's fall, a dealer said.

Mar 30, 2015, 19:23 PM IST

Rupee slips 34 paise to 62.67 Vs USD as stocks decline

Tracking steep losses in local stocks, the Indian rupee on Thursday slipped 34 paise -- its worst drop in two weeks -- to close at 62.67 against the US dollar amid month-end demand for the American currency.

Mar 26, 2015, 18:20 PM IST

Euro slips ahead of Greek debt talks

The single currency eased to $1.0787 and 129.55 yen on Monday from $1.0821 and 129.98 yen in New York on Friday.

Mar 23, 2015, 09:58 AM IST

Rupee gains 12 paise at 62.34 against US dollar

The rupee strengthened by 12 paise at 62.34 against the US dollar in early trade on Monday at the Interbank Foreign Exchange market on increased selling of the American currency by exporters.

Mar 23, 2015, 09:46 AM IST

World stocks and bonds roar Fed approval, dollar fights back

World shares rose back towards all-time highs and a slump then jump in the dollar triggered wild moves in currency markets on Thursday, as investors priced in a later start and a slower pace for future U.S. rate rises.

Mar 19, 2015, 16:40 PM IST

Euro sinks to 12-year lows as yield gap grows

In a dollar rally that began last July the single currency has lost around a quarter of its value, and there is little sign of that bottoming out. Deutsche Bank on Tuesday forecast a fall to 85 US cents by the end of 2017. 

Mar 11, 2015, 15:56 PM IST

Rupee slips 33 paise to 1-week low, ends at 62.25 Vs USD after Rajan's currency comment

In line with weak stocks, the rupee on Wednesday slipped by a hefty 33 paise -- its fourth straight daily loss -- to close at 62.25 against dollar amid RBI Governor Raghuram Rajan's comment that an "excessively strong rupee" is undesirable as it triggers disinflationary pressures.

Mar 04, 2015, 18:33 PM IST

Euro steady after Greece bailout deal

The common European currency was slightly higher at $1.1387 and 135.55 yen, from $1.1381 and 135.51 yen on Friday in New York where it got a boost from the conditional debt deal.

Feb 23, 2015, 09:44 AM IST

US marshals to auction 50,000 bitcoins from Silk Road

The US government on Wednesday said it plans to auction 50,000 bitcoins on March 5, following the recent criminal conviction of Ross Ulbricht for being the mastermind behind the online black market known as Silk Road.

Feb 19, 2015, 01:09 AM IST

Global stocks, currencies count down to Greek meetings

Asian stock markets were subdued on Wednesday while major currencies barely budged as looming euro zone meetings to discuss the Greek debt crisis overshadowed a firmer finish on Wall Street.

Feb 11, 2015, 09:34 AM IST