Rupee strengthens 32 paise to 66.14 against dollar in early trade
The rupee strengthened by 32 paise to 66.14 against the US dollar in early trade today at the Interbank Foreign Exchange after the American currency tumbled against major world currencies as the Federal Reserve decided again not to increase interest rates.
Sep 18, 2015, 10:48 AM IST
Rupee weakens 11 paise to 66.47 against dollar
The rupee depreciated another 11 paise to 66.47 against the dollar in early trade on Wednesday on foreign funds outflows amid a significant slump in the country's exports.
Sep 16, 2015, 11:16 AM IST
Greek tragedy may see RBI selling $15-bn to defend Re at 65
If the much-awaited Greek deal fails, the Reserve Bank will have to sell as much as USD 15 billion to defend the rupee at 65 levels, says a report.
Jun 22, 2015, 19:40 PM IST
FM opens facility for domestic currency paper in MP
Finance Minister Arun Jaitley on Saturday inaugurated a new production line here to manufacture currency paper, saying it symbolises the beginning of the 'Make In India' initiative and would ensure high-denomination notes are printed on locally-made paper.
May 30, 2015, 18:59 PM IST
Rupee loses ground, down 11 paise to 63.78 against dollar
The rupee depreciated by 11 paise to 63.78 against the US dollar in early trade on Wednesday at the Interbank Foreign Exchange due to appreciation of the American currency overseas riding on strong economic data.
May 20, 2015, 09:42 AM IST
Over 164 cr pieces of pre-2005 rupee notes shredded
Over 164 crore pieces of pre-2005 currency notes of various denominations, including Rs 1,000, were shredded in regional offices of Reserve Bank in 13-month period ending January 2015, Parliament was informed on Friday.
Mar 20, 2015, 18:16 PM IST
RBI net buyer of dollars for 4th month, scoops up $5.4 b in July
The central bank's intervention in the foreign exchange market is to curb volatility in the currency market.
Sep 10, 2014, 22:22 PM IST
India's forex reserves fall to $319.35 bn as of Aug 8
Foreign exchange reserves include India`s Reserve Tranche position in the International Monetary Fund.
Aug 15, 2014, 19:09 PM IST
RBI sparks confusion despite $4.1 billion in cash injections
Although the overnight cash rate closed at 8.00/8.05 percent, in line with the repo rate, it fluctuated in a wide 8.00 percent to 8.80 percent range through the session.
Aug 12, 2014, 20:17 PM IST
RBI net buys $597 mn in spot forex market for 3rd month in June
The Reserve Bank became net purchaser of dollars for the third consecutive month in June this fiscal as it bought USD 597 million from the spot market.
Aug 12, 2014, 18:31 PM IST
Forex reserves rise $643.2 mln to $317.03 bn
In the previous week, reserves had risen by USD 614.6 million to USD 316.393 billion.
Jul 18, 2014, 19:44 PM IST
Rupee extends losses; lack of dollar supplies hurts
Asian currencies trading mixed versus the dollar.
Jul 07, 2014, 14:59 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
