Forex

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 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

Forex reserves drop by $2.063 bn to $335.729 bn

Country's foreign exchange reserves dropped by USD 2.063 billion to USD 335.729 billion in the week to March 13, due to fall in foreign currency assets (FCAs).

Mar 20, 2015, 18:48 PM IST

Rupee gains for the 4th day Vs US dollar, up 17 paise

Extending its string of gains to the fourth straight session, the Indian rupee Thursday appreciated by 17 paise to end at 62.52 against US dollar after the Federal Reserve's dovish stance on rates eased outflow concerns.

Mar 19, 2015, 19:13 PM IST

India's record FX warchest set for US Fed rate hike test

Chastened by a tumble in the rupee in 2013 at the prospect of tighter US monetary policy, India has built up record foreign exchange reserves of nearly $340 billion to insulate the economy from capital flight as the United States prepares to lift interest rates.

Mar 19, 2015, 18:08 PM IST

Rupee ends almost flat Vs US dollar

The Indian rupee Wednesday ended almost flat against the dollar at 62.69 ahead of the US Federal Reserve's monetary policy statement that could shed light on the timing of interest rate hikes.

Mar 18, 2015, 19:47 PM IST

Rupee rises by 16 paise Vs US dollar to 62.81

Bucking a fall in stocks, the Indian rupee Monday gained 16 paise to end at 62.81 against the American currency on fresh selling of dollars by banks and exporters.

Mar 16, 2015, 18:21 PM IST

Rupee breaches 63-mark Vs US dollar, ends 47 paise down

The Indian rupee Friday breached the the 63-mark intra day against the Greenback and ended with a sharp loss of 47 paise at 62.97 on sustained dollar demand from importers amid weakness in local shares.

Mar 13, 2015, 19:11 PM IST

Forex reserves to scale pass $380 bn this year: Barclays

British brokerage Barclays has said it sees the Reserve Bank continuing to shore up the forex reserves, which have been hitting new highs for many months, to the tune of USD 50 billion to take the overall kitty to over USD 380 billion by December.

Mar 12, 2015, 22:10 PM IST

Forex reserves jump $16.4 bn in first 9 months of FY'15: RBI

India's foreign exchange reserves increased by USD 16.4 billion in nominal terms during the first nine months of the current fiscal.

Mar 10, 2015, 23:37 PM IST

Rupee hits two-month low, down 21 paise to 62.76

Tracking weak stocks, the rupee Tuesday fell 21 paise to end at two-month low of 62.76 against the greenback on sustained dollar demand from importers amid US rate hike concerns.

Mar 10, 2015, 18:24 PM IST

Rupee hits 2-month low of 62.55 against US dollar

The Indian rupee Monday fell to two-month low and closed with a sharp 39 paise loss at 62.55 against the US dollar after better-than-expected jobs data spurred expectations of an early hike in US interest rates.

Mar 09, 2015, 18:36 PM IST

Union Finance Secretary releases Rupee 1 notes

Union Finance Secretary Rajiv Mahrishi has released new Rupee 1 notes at Srinathiji temple in Nathdwara after offering prayers, a temple spokesman said.

Mar 08, 2015, 21:10 PM IST

Forex reserves continue to jump, hit new high at $334.2 bn

The foreign exchange reserves have touched a new life-time high at USD 334.193 billion, up USD 1.023 billion, in the week to February 20, on account of higher foreign currency assets, the Reserve Bank said Friday.

Feb 27, 2015, 18:05 PM IST

Rupee surges 23 paise to 3-week high of 61.97 Vs US dollar

The rupee extended its gains against the American currency for the second consecutive day, surging 23 paise to end at nearly three-week high at 61.97 Wednesday on Budget optimism and sustained dollar selling by banks.

Feb 25, 2015, 18:26 PM IST

Forex reserves hit new record high at USD 333 billion

India's foreign exchange reserves have hit a fresh high, rising by USD 2.956 billion to USD 333.169 billion in the week to February 13, helped by a healthy increase in foreign currency assets.

Feb 21, 2015, 17:24 PM IST

Rupee falls 18 paise to close at 62.34 Vs US dollar

The Indian rupee Wednesday snapped its two-session uptrend against the American currency, falling 18 paise to close at 62.34 on fresh dollar demand from banks and importers.

Feb 18, 2015, 18:23 PM IST

India's forex reserves reach $330 billion

India`s foreign exchange reserves rose to around $330 billion Feb 6, up from $327.8 billion a week before, the Reserve Bank of India (RBI) said Friday.

Feb 13, 2015, 21:53 PM IST

Rupee trims early gains, still up by 14 paise Vs USD

The rupee pared its early gains, but was still higher by 14 paise against the US dollar at Rs 62.14 in late morning trade today on sustained bouts of dollar selling by banks and exporters.

Feb 13, 2015, 11:44 AM IST