India's forex reserves reach 2-year record low amid weak rupee
The forex reserves have been falling for months now because of RBI`s likely intervention in the market to defend the depreciating rupee against a surging US dollar.
Oct 29, 2022, 14:07 PM IST
Rupee crashes to 83 on Wednesday, hitting the lowest record against US dollar
The rupee opened at 82.32 on Wednesday morning. It dropped 69 paise during the intra-day trade to end at the record low.
Oct 19, 2022, 17:13 PM IST
Sri Lanka needs to maintain competitive exchange rate: Central Bank
Sri Lanka needs to maintain a competitive exchange rate that would promote exports and not allow an over-valuation of the rupee that may reduce export competitiveness, the country's Central Bank has said.
Dec 24, 2016, 12:11 PM IST
Govt reduces limit of note exchange to Rs 2,000 from Rs 4,500
Share Bazar, Mandi Live, Aap Ka Bazar, First Trade, Big Debate etc.
Nov 17, 2016, 22:11 PM IST
Honda to increase car prices by up to Rs 6,000 from April
Honda Car India is planning to increase prices of its vehicles by up to Rs 6,000 from April to offset the impact of adverse exchange rate that has resulted in higher input costs.
Mar 23, 2016, 17:53 PM IST
Exchange rate not impacting exports: Rajan
Brushing aside the contention that exchange rate is impacting exports, RBI Governor Raghuram Rajan today said the shipments can only be increased by raising productivity, improving infrastructure and simplifying regulations, which is in the domain of the government
Mar 13, 2016, 00:40 AM IST
RBI chief Rajan says not in favour of devaluing exchange rate
Rajan reiterated the central bank would strive to curb excessive volatility.
Feb 15, 2016, 15:22 PM IST
Rupee gains 12 paise at 65.29 against dollar
The dollar also weakened against other major global currencies as the International Monetary Fund trimmed its global economic growth forecast and the US trade deficit widened, dealers said.
Oct 07, 2015, 09:56 AM IST
Switzerland ends euro minimum exchange rate, cuts interest rate
In a shock announcement Thursday, Switzerland`s central bank said it was ending a three-year bid to artificially hold down the value of the Swiss franc against the euro, in a move that immediately sent the safe haven currency soaring.
Jan 15, 2015, 17:47 PM IST
Rupee 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 IST
Competitive exchange rate will boost manufacturing sector
Modern infrastructure, easy regulatory framework and competitive exchange rate will play a key role in giving a boost to the country's manufacturing sector, a senior government official said.
Nov 14, 2014, 18:17 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
