Forex

Rupee down 2 paise at 60.14 against US dollar

Dealers said increased demand for dollar from importers mainly put pressure on the local unit.

Jul 17, 2014, 09:33 AM IST

Rupee down 15 paise at 60.27 against US dollar

The rupee had lost five paise to close at 60.12 against the dollar on Tuesday following sustained demand from importers.

Jul 16, 2014, 09:42 AM IST

Rupee weakens to 60.23 against US dollar

Overseas investors sold Indian shares worth $93.04 million on Monday, provisional exchange data shows.

Jul 15, 2014, 10:24 AM IST

RBI net buys $1.86bn in spot forex market for 2nd month in May

The Reserve Bank became net purchaser of dollars for the second consecutive month in May this fiscal buying USD 1.786 billion from the spot market.

Jul 11, 2014, 16:41 PM IST

Iraq crisis led to rupee depreciation: Govt

The hardening of international oil prices and market expectations on the same could be the main reason that led to the depreciation of the rupee.

Jul 08, 2014, 16:32 PM IST

India's forex reserves up $ 856.6 million to $ 315.77 billion

India's forex reserves surged USD 856.6 million to USD 315.778 billion in the week to June 27, on account of rise in currency assets.

Jul 05, 2014, 15:12 PM IST

Rupee sees biggest weekly gain in 1-1/2 months, closes at 59.72

The rupee is likely to trade in a range of 59.60 to 60.40 until the budget.

Jul 04, 2014, 17:44 PM IST

Rupee gains 38 paise, closes at 59.69 Vs dollar

Continued capital inflows also helped the rupee rise for the second day in a row.

Jul 02, 2014, 17:18 PM IST

Rupee up 2 paise at 60.05 against dollar

The rupee rose marginally by two paise to 60.05 against the US dollar in early trade Wednesday on sustained capital inflows amidst a higher opening in the domestic equity markets.

Jul 02, 2014, 10:13 AM IST

RBI buys $19.1 bn forex forwards in May to shore up reserves

The Reserve Bank will continue to shore up its forex kitty after having bought USD 19.1 billion of short-term forwards in May following improvement in investor confidence post Narendra Modi-led BJP's victory in the general elections, a report said Tuesday.

Jul 01, 2014, 20:03 PM IST

Rupee up 7 paise at 60.01 against dollar in early trade

The rupee strengthened by seven paise to 60.01 against the American currency in early trade Monday at the Interbank Foreign Exchange market on selling of dollars by exporters and banks.

Jun 30, 2014, 10:10 AM IST

India's forex reserves rise by $950.9 mn

India`s reserve position with the IMF dropped by USD2.1 million to USD1.71 billion.

Jun 21, 2014, 19:42 PM IST

Rupee down for fourth straight week, closes at 60.18 vs dollar

The partially convertible rupee ended at 60.1850/1950 per dollar versus its previous close of 60.08/09. 

Jun 20, 2014, 18:02 PM IST

China's yuan weakens

In China`s foreign exchange spot market, the yuan is allowed to rise or fall by two percent from the central parity rate each trading day.

Jun 16, 2014, 08:45 AM IST

Rupee inches up two paise Vs dollar to 59.27

The rupee Wednesday snapped its two days of losses and edged up two paise to end at 59.27 against the dollar following late selling of the US currency by exporters.

Jun 11, 2014, 19:59 PM IST

India's forex reserves fall $273.8 mn to $312 bn

The gold reserves remained unchanged at USD 20.965 billion in the reporting week.

Jun 06, 2014, 18:46 PM IST

Rupee up 15 paise against dollar at 59.18 in early trade

Dealers attributed the rise in domestic currency to sustained selling of the dollar by exporters.

Jun 06, 2014, 09:52 AM IST