Weekly review: Rupee continues dizzying downward spiral for second-straight week
The rupee continued its dizzying downward spiral for the second-straight week and depreciated by a whopping 20 paise to end at 64.61 against the US currency.
Apr 22, 2017, 18:23 PM IST
Rupee to average 66.2 against dollar in 2017-18: Kotak
The appreciation in the rupee is likely to continue for some time and it is expected to average at 66.2 against the US dollar in the current financial year.
Apr 11, 2017, 13:02 PM IST
Weekly review: Rupee continues its undisputed performance vs USD; at fresh 20-month high of 64.28
The overall forex market sentiment also got a leg-up after the RBI projected India's growth at 7.4 percent for the current fiscal, up from 6.7 percent.
Apr 08, 2017, 17:30 PM IST
Rupee hits 16-month high, but shares flat ahead of Fed decision
The Indian rupee hit a 16-month peak against the dollar on Wednesday on hopes of increased foreign investments in equities, but the stock market flattened a day after the NSE index hit a record high.
Mar 15, 2017, 12:23 PM IST
Rupee zooms 42 paise on BJP win, positive IIP numbers
The rupee soared 42 paise to 66.18 against the dollar early on Tuesday on increased selling of the US currency by exporters and banks amid higher foreign inflows following BJP's resounding win in UP and positive IIP numbers.
Mar 14, 2017, 10:19 AM IST
Rupee outperformance to come under pressure: Edelweiss
The fundamental pressure on USD/INR is on upside and the pair is heading towards a level of 72-73 by December-end this year, says an Edelweiss Securities report.
Feb 14, 2017, 15:46 PM IST
Rupee good run continues, gains 4 paise against dollar
The rupee's good run continued into the 8th straight session today as it firmed up by another 4 paise in early trade to 67.33 against the dollar after the US currency saw higher selling by exporters and banks amid foreign fund inflows.
Feb 03, 2017, 10:00 AM IST
Rupee to fall to record low over coming year
The rupee is expected to fall further to 69.50 by year-end.
Jan 06, 2017, 15:47 PM IST
Rupee slides for third continuous day; down 3 paise to 66.92
The benchmark BSE Sensex rose 88.13 points, or 0.31 per cent, to 28,165.31 in early trade today.
Oct 24, 2016, 10:07 AM IST
No plans to devalue rupee, market to determine value: Finance Ministry
As the rupee saw a sudden plunge this morning on reports of currency devaluation, Finance Ministry officials on Thursday said there were no plans to devalue the domestic unit and its value will continue to be determined by the market.
Sep 15, 2016, 14:19 PM IST
Didn't tell reporter I want devaluation: Nirmala Sitharaman
The government sent mixed messages on Thursday whether it wanted a weaker rupee, with Commerce Minister Nirmala Sitharaman saying she had not told a reporter the government was discussing a devaluation but stopping short of an outright denial.
Sep 15, 2016, 11:05 AM IST
Rupee falls on report of ministry's call for weaker currency; finance ministry denies
The Indian rupee fell below 67 to the dollar on Thursday after a television channel reported that the commerce ministry will propose a devaluation in the unit to the government to promote dwindling exports.
Sep 15, 2016, 11:00 AM IST
Rupee snaps 2 weeks gaining spree against on fresh dollar demand
Snapping its last 2-week gaining spree against the American currency, the rupee dropped by 21 paise to 66.54 per dollar on fresh dollar demand from banks and importers.
May 07, 2016, 17:49 PM IST
Rupee continues upward march, ends at 66.43
The rupee on Tuesday ended marginally higher by one paisa to close at 66.43 against the American currency and continued its upward march for the third day today on selling of dollars by banks and exporters in view of sustained foreign capital inflows.
Apr 12, 2016, 20:32 PM IST
Rupee snaps 2-week rise; down 25 paise to 66.46
Snapping its nearly 2-week winning spree against the American currency, the rupee on Tuesday dropped by 25 paise to end at 66.46.
Apr 05, 2016, 19:34 PM IST
Rupee to moderately fall towards 69 in 9-12 months: Citi
The rupee is likely to "moderately depreciate" towards the 69 level in the next 9-12 months on the back of higher crude prices in the second half of next fiscal, a Citigroup report says.
Mar 23, 2016, 12:39 PM IST
Rupee stays on shaky wicket, slips 8 paise to 66.79 against dollar
Extending its slide for the third straight day, the rupee shed another 8 paise to 66.79 against the dollar in early trade on Wednesday on appreciation of the American currency against others overseas.
Mar 23, 2016, 09:50 AM IST
Rupee sinks 15 paise at 67.26 vs dollar in early trade
The dollar was firm against some global currencies which also weighed on the rupee, dealers said.
Mar 15, 2016, 10:47 AM IST
Rupee inches up 8 paise to 67.13 against dollar
Besides, sustained foreign capital inflows gave the rupee some muscle, dealers said.
Mar 10, 2016, 10:56 AM IST
Rupee sinks 19 paise to 67.27 vs dollar
A firm dollar against some global currencies overseas weighed on the rupee, but further gains at the domestic equity market capped the losses, dealers said.
Mar 08, 2016, 11:14 AM IST
