Forex

Forex reserves down by USD 672.4 million to USD 314.87 billion

Foreign currency assets, expressed in dollar terms, include the effect of appreciation and depreciation of non-US currencies such as euro, pound and the yen held in reserves.

Nov 28, 2014, 21:37 PM IST

Rupee edges up against US dollar to end at 61.84

In listless trade, the Indian rupee Wednesday edged up by two paise to close at 61.84 against the Greenback on stray dollar selling by exporters.

Nov 26, 2014, 21:40 PM IST

Rupee slips 18 paise to 61.94 Vs US dollar

Bucking a strong trend in share market, the Indian rupee Monday gave up all its initial gains and slipped 18 paise to close at 61.94 against the Greenback on rising dollar demand from importers.

Nov 24, 2014, 19:25 PM IST

India's forex up $419 million

India`s foreign exchange reserves grew by $419.4 million to $315.55 billion for the week ended Nov 14, Reserve Bank of India (RBI) data showed.

Nov 22, 2014, 14:40 PM IST

HSBC sets aside $1.8 bn for forex probe, misconduct

HSBC`s profits fell short of expectations in the third quarter after the bank set aside $1.8 billion for misconduct settlements and compensation for customers, including a potential fine for rigging currency markets.

Nov 03, 2014, 15:16 PM IST

Rupee extends losses vs dollar, down 8 paise

The rupee depreciated by 6 paise to 61.36 against the dollar in early trade Tuesday at the Interbank Foreign Exchange market due to month-end demand for the US currency from importers.

Oct 28, 2014, 09:52 AM IST

Coke income falls in Q3, hit by slow economies, forex

Soft drinks king Coca-Cola made headway in global volume sales in its third quarter but net earnings fell sharply, hit by slower economic growth and volatile currencies.

Oct 21, 2014, 19:11 PM IST

Rupee up 19 paise at 61.64 against US dollar

The rupee recovered from over seven-month low by appreciating 19 paise to 61.64 against the US dollar in early trade on Friday.

Oct 17, 2014, 09:49 AM IST

Rupee jumps 31 paise to 61.09 against US dollar

Forex dealers said gains in other Asian currencies against the dollar and a higher opening in the domestic stock market, buoyed the sentiment.

Oct 09, 2014, 09:46 AM IST

Forex reserves continue to fall; down by another $1.4 bn

Falling for the fourth week in a row, India's foreign exchange reserves went down by USD 1.415 billion to USD 314.181 billion in the week to September 26 on account of a hefty drop in non-US currency assets.

Oct 03, 2014, 18:34 PM IST

Rupee hits 1-1/2 month low; RBI steps in to support

Traders said the central bank likely sold dollars via state-run banks starting around 61.40 rupee levels to prevent a further fall in the local currency.

Sep 25, 2014, 18:22 PM IST

India's forex reserves down $1.61 bn

The reserves had fell by $1.32 billion to $317.31 billion for the week ended September 5.

Sep 20, 2014, 11:14 AM IST

Rupee falls 32 paise at 60.97 against US dollar

The rupee depreciated by 32 paise to 60.97 against the US dollar due to increased demand for the US currency from importers amid a weak opening in the domestic equity market.

Sep 15, 2014, 09:53 AM IST

Blackmoney: SIT empowers ED to check huge forex violations

A Special Investigation Team (SIT) on black money has asked RBI and Enforcement Directorate (ED) to jointly take on cases of huge exports outstanding.

Sep 14, 2014, 12:02 PM IST

Rupee trims initial gains, still up 4 paise to 60.91 Vs USD

The rupee was hovering in a range of 60.93 and 60.84 per dollar in late morning deals.

Sep 11, 2014, 11:16 AM IST

Rupee weakens to near one-month low on Fed worries

Traders expect the rupee to hold in a 60.70 to 61.00 to a dollar range in the rest of the session.

Sep 10, 2014, 13:17 PM IST

Rupee up 15 paise at 60.24 against US dollar

Forex dealers said besides increased selling of the American currency by exporters and banks, a higher opening in the domestic equity market and the dollar's weakness against other currencies overseas supported the rupee.

Sep 08, 2014, 09:51 AM IST

Rupee up 2 paise at 60.47 against US dollar

Forex dealers said increased selling of the American currency by exporters and banks supported the rupee but a lower opening of the domestic equity market and dollar's rise against other currencies overseas restricted the gains.

Sep 04, 2014, 10:15 AM IST

Rupee gains 7 paise at 60.61 against US dollar in early trade

Fresh selling of the American currency by exporters amid sustained inflows of foreign funds supported the rupee, forex dealers said.

Sep 03, 2014, 09:46 AM IST

Rupee down 11 paise at 60.64 against US dollar in early trade

Falling for the fourth straight day, the rupee on Tuesday weakened by another 11 paise to 60.64 against the US currency in early trade at the Interbank Foreign Exchange market.

Sep 02, 2014, 09:47 AM IST