Foreign exchange

Rupee down 11 paise to 60.93 against dollar in early trade

The rupee fell by 11 paise to 60.93 against the US dollar in early trade today at the Interbank Foreign Exchange market due to increased demand for the US currency from importers.

Sep 23, 2014, 09:52 AM IST

Rupee down 4 paise to 60.85 against dollar in early trade

Fresh demand from importers for the American unit put pressure on the rupee.

Sep 22, 2014, 10:10 AM IST

Rupee ends at 1-week high of 60.81 vs USD; logs 1st weekly drop in 7

The Indian rupee on Friday edged up three paise to end at one-week high of 60.81 against the Greenback on sustained dollar selling by exporters and capital inflows.

Sep 19, 2014, 19:04 PM IST

India's forex reserves down $1.61 bn to $315.69 bn

In the week to September 5, the reserves had dipped by USD 1.327 billion to USD 317.313 billion.

Sep 19, 2014, 18:55 PM IST

Rupee dips below 61-mark vs USD, ends 35 paise lower at 60.95

Continued dollar demand from importers and some banks too weighed on the rupee value that intra-day hit a low of 61.04, said forex brokers.

Sep 10, 2014, 18:53 PM IST

RBI bought net $5.45 billion in spot FX market in July

Net outstanding forward dollar purchases as of end-July stood at $5.4 billion as against net sales of $154 million in June.

Sep 10, 2014, 17:26 PM IST

Rupee down 4 paise to 60.47 against dollar in opening trade

The rupee depreciated by four paise to 60.47 against the US currency in opening trade on Wednesday.

Aug 27, 2014, 10:07 AM IST

Rupee up 4 paise to 60.52 against dollar in early trade

The local currency had lost 9 paise to close at 60.56 per dollar yesterday.

Aug 26, 2014, 10:21 AM IST

Rupee gains 15 paise to 60.52 against dollar in early trade

Increased selling of the American currency by banks and exporters amid sustained inflows of foreign funds supported the rupee.

Aug 22, 2014, 10:01 AM IST

Banks' single group exposure cap high; review in 2014-15: RBI

Hinting at tightening banks' single group exposure cap from current 40 percent, RBI Thursday said it will be reviewing this credit limit to gradually align it with the global group exposure practices and mitigate risks.

Aug 21, 2014, 22:28 PM IST

Rupee down 13 to 60.74 paise against dollar in early trade

The local unit had gained six paise to close at almost three-week high of 60.61 against the dollar yesterday.

Aug 21, 2014, 09:49 AM IST

Rupee down 15 paise to 60.82 against dollar

The domestic currency had gained nine paise to close at nearly three-week high of 60.67 against the American unit in yesterday.

Aug 20, 2014, 10:03 AM IST

Rupee trims initial gains, still up by two paise to 60.74 Vs dollar

Forex market remained closed on Friday and Monday on account of 'Independence Day' and 'Parsi New Year'.

Aug 19, 2014, 09:58 AM IST

Rupee logs best single-day gain in 3-months; closes at 2-week high

Increased portfolio investments by foreign funds and weak dollar overseas, too, lifted the market sentiment, forex dealers said.

Aug 14, 2014, 19:47 PM IST

Rupee down most in a week Vs dollar to end at 61.21 as inflation rises

At the Interbank Foreign Exchange (Forex) market, the domestic currency commenced sharply lower at 61.29 a dollar from previous close of 61.08.

Aug 13, 2014, 17:49 PM IST

RBI hopes FX reserves will cushion rupee volatility

"I have no doubt that when interest rates start picking up in industrial countries, we will be tested. We will be tested by capital outflows," Rajan said.

Aug 12, 2014, 08:44 AM IST

Rupee falls to near 5-month low; foreign funds pull out money

The Nifty was down 0.2 percent and will be watched for cues on fund flows.

Aug 06, 2014, 12:11 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

China to start direct yuan trade with British pound

China will start direct trade between its yuan currency and Britain`s pound on Thursday, the country`s foreign exchange trade platform said, in another step on its push to internationalise the unit.

Jun 18, 2014, 18:09 PM IST