Foreign exchange

Pakistan floats $1 billion Islamic bonds

Pakistan has sold $1 billion in Islamic bonds to raise its foreign exchange reserves in line with IMF demands.

Nov 27, 2014, 15:40 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

India's forex up $1.30 billion

ndia`s foreign exchange reserves grew by $1.30 billion to $312.73 billion for the week ended Oct 10, Reserve Bank of India (RBI) data showed.

Oct 18, 2014, 15:38 PM 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 at fresh seven-month low of 61.94 against USD

The domestic currency had lost 22 paise to end at 61.75 against the US dollar in yesterday's trade.

Oct 01, 2014, 10:22 AM IST

Rupee trades at a fresh seven-month low of 61.62 Vs dollar

Yesterday, the rupee had tanked 38 paise to log nearly 7-month closing low of 61.53.

Sep 30, 2014, 10:40 AM IST

Rupee down 25 paise to 61.40 against dollar

The rupee had recovered by 19 paise to close at 61.15 against the dollar in Friday's trade in tune with local equities.

Sep 29, 2014, 10:50 AM IST

Rupee trims early losses, still down 9 paise to 61.43 Vs dollar

In the last four days, the rupee has stumbled by 86 paise or 1.41 percent.

Sep 26, 2014, 09:57 AM IST

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