Rupee gains 26 paise to 62.05 Vs USD
The rupee strengthened by 26 paise to 62.05 against the dollar in early trade Friday at the Interbank Foreign Exchange on fresh selling of the US currency by exporters and banks.
Feb 13, 2015, 09:57 AM ISTCentral Bank of India opens first forex hub in Guj at Vadodara
The first forex hub of the Mumbai- headquartered Central Bank of India in Gujarat was opened at Urmi Char rasta here to provide prompt and efficient services to importers and exporters.
Jan 31, 2015, 14:52 PM ISTRupee ends steady at 61.86 Vs USD
In a volatile trade, the rupee on Friday recovered towards the fag-end to end steady at 61.86 against the American currency at the Interbank Foreign Exchange due to mild selling of dollars by banks and exporters.
Jan 30, 2015, 19:14 PM ISTSwiss franc surge rocks currency brokers, burns banks
The surprise surge in the Swiss franc left currency brokers and banks worldwide licking their wounds on Friday, with at least two brokers declaring insolvency and others warning of heavy losses.
Jan 17, 2015, 06:44 AM ISTIndia's forex reserves up $236 million to $319 billion
The country's gold reserves remained unchanged at USD 19.377 billion.
Jan 16, 2015, 20:42 PM ISTRBI against broad-basing CRR to include forex, gold
The RBI is against broad-basing CRR, the portion of total bank deposits kept with the Reserve Bank, to include forex and gold reserves as it would entail an additional burden on the lenders.
Jan 13, 2015, 15:38 PM ISTRupee up 23 paise to 62.09 against dollar
Rising for the fourth straight session, the rupee gained 23 paise at 62.09 against the dollar in Monday morning trade at the Interbank Foreign Exchange on increased selling of the US currency by exporters.
Jan 12, 2015, 10:52 AM ISTED issues summons to PIA in Delhi in forex violations case
The Enforcement Directorate (ED) has issued summons to Pakistan International Airlines (PIA) in connection with alleged violation of forex laws in purchase of local properties by the neighbouring country's flag-carrier here.
Jan 11, 2015, 15:55 PM ISTRupee down 21 paise to 63.50 against dollar
The rupee lost 21 paise to Rs 63.50 against the US dollar in early trade Monday at the Interbank Foreign Exchange due to rise in the greenback's value against other currencies overseas.
Jan 05, 2015, 09:52 AM ISTRupee up 5 paise against dollar at 63.25
The rupee Monday gained a marginal 5 paise to close the day at 63.25 against the dollar on fresh selling of the US currency by exporters amid bullish stocks.
Dec 22, 2014, 19:08 PM ISTRupee recovers 7 paise at 63.23 vs US dollar
The rupee recovered by 5 paise to 63.25 against the US dollar in early trade on Monday on fresh selling of the American currency by banks and exporters.
Dec 22, 2014, 09:53 AM ISTWeekly Review: Market recovers modestly on late buying, Sensex up 21 points
Strong recovery seen in US and European markets as well as in Asian markets was the main reason behind the market sentiment.
Dec 20, 2014, 15:36 PM ISTRupee falls 65p to end at 10-1/2 month low of 62.94
The Indian rupee on Monday fell by 65 paise to end at Rs 62.94 against the dollar, the lowest in a 10-1/2 on worries of the United States might hike rates next year.
Dec 15, 2014, 17:56 PM ISTForex reserves decline to $314.6 billion
The country's gold reserves, too, dropped by USD 753.2 million to USD 18.985 billion.
Dec 12, 2014, 19:47 PM ISTIndia Inc's forex debt raising to hit $20 bn next year: RBS
Last year, non-financial corporates raised USD 15 billion in debt from overseas market.
Dec 10, 2014, 23:03 PM ISTHSBC dismisses London forex chief: Source
HSBC has dismissed its London-based European head of currency trading, a source close to the matter said Wednesday, one month after the bank was fined for foreign exchange market rigging.
Dec 10, 2014, 20:12 PM ISTRupee moves down 5 paise at 61.88 against dollar
The Indian rupee Tuesday weakened by 5 paise to end at 61.88 against the Greenback on sustained demand for the American currency from importers amid a broader sell-off in equities.
Dec 09, 2014, 18:59 PM ISTRupee slips from 2-wk high; down 6 paise at 61.83 against USD
The rupee fell from its two-week high Monday and ended 6 paise down at 61.83 against the Greenback on fresh dollar demand from importers amid weak equities.
Dec 08, 2014, 19:44 PM ISTRupee slips 3 paise Vs US dollar to close at 61.91
Snapping a two-day upmove, Indian rupee Wednesday eased by three paise to end at 61.91 against the Greenback on fresh dollar demand from importers.
Dec 03, 2014, 20:19 PM ISTIndia's forex reserves down $672 million
According to the RBI`s weekly statistical supplement, foreign currency assets, the biggest component of the forex reserves, declined $664.3 million at $289.39 billion in the week under review.
Nov 29, 2014, 14:29 PM IST