Currency Exchange Rate

Sep 23, 2016 at 14:34 | Source: Reuters
Markit's composite survey showed a big split between buoyant manufacturers and struggling service industry firms and a similar divide in growth rates among members of the currency union.
Sep 23, 2016 at 11:17 | Source:
According to Angel Broking, Rupee is likely to trade higher in todays trading session tracking gains in Asian market equities after the US Fed left the policy rates unchanged. This will keep the DX pressurized in turn boosting the demand for the Indian currency.
Sep 22, 2016 at 09:43 | Source:
According to Angel Broking, Rupee is likely to trade higher in todays trading session as markets discount the FOMC and BoJ monetary policy review where the interest rates was left unchanged. Weakness in the DX will in turn boost the demand of the Indian Rupee.
Sep 19, 2016 at 11:00 | Source:
According to Angel Broking, Rupee is likely to trade lower as markets indulge in speculation ahead of central bank meetings in the US and Japan this week. Robust release of inflation rate from the US has increased the chances of a rate hike which will keep the DX strong.
Sep 16, 2016 at 08:15 | Source: Reuters
Desperate to stimulate growth, encourage capital investment and reverse price declines, the Bank of Japan has embraced negative interest rates, bought up massive amounts of bonds and snapped up riskier assets such as exchange-traded funds.
Sep 15, 2016 at 16:07 | Source: CNBC-TV18
Keeping exchange rate undervalued is a dangerous strategy and can have unintended consequences, says Jahangir Aziz, Chief Emerging Asia Economist at JP Morgan sharing his view with CNBC-TV18 on news the commerce ministry is considering rupee devaluation to support exports.
Sep 15, 2016 at 15:04 | Source: PTI
As part of the strategy to boost both exports of goods and services in the long run, the ministry is working on the three important pillars -- exchange rate, visa regime and freight rates, an official said.
Sep 09, 2016 at 10:04 | Source: PTI
The rupee today lost 13 paise to 66.55 against the US dollar in early trade at the inter-bank foreign exchange market on increased demand for the US currency fromimporters and banks.
Sep 09, 2016 at 08:14 | Source: PTI
Hong Kong, Sep 8 (AFP) Asian markets mostly fell todayfollowing a recent run of gains but Hong Kong and Shanghaitraders cheered data showing Chinese imports rose in Augustfor the first time in almost two years.Regional shares have enjoyed a strong run since the startof the month, fuelled by optimism about the state of the USeconomy and the prospects of borrowing costs being kept atultra-low levels until at least December.But the rally petered out today as investors put theirfoot on the brake.Tokyo was down 0.8 per cent in the afternoon but thestandout performer was Nintendo, which soared on news it haddeveloped an exclusive Super Mario game for Apple.Sydney lost one per cent and Seoul shed 0.2 per cent.Singapore, Wellington and Bangkok also suffered sharp losses."Volatility, or the lack thereof, is still the key driverin financial markets," Chris Weston, chief markets strategistin Melbourne at IG Ltd, said in an email, according toBloomberg News."The Fed are not going to raise rates this year if theytruly are data dependent and if they hike in December it wouldbe an admittance that they are more dictated by a calendar-based guidance."But Hong Kong was up 0.4 per cent by the break whileShanghai pared almost all its early losses to end the morningflat following the Chinese figures.China's customs department said August imports rose 1.5per cent on-year, the first increase in 22 months, whileexports fell less than expected thanks to weakness in thecountry's yuan currency.The figures marked a sharp turnaround from July and willraise hopes the world's number two economy and key driver ofglobal growth is stabilising after years of slowing growth.The economy grew last year at its slowest pace in a quarter ofa century.In Tokyo gaming giant Nintendo soared 18 per cent at onepoint after it announced with Apple that "Super Mario Run"would be available on the App Store this year. It ended themorning up 13.2 per cent.The news came after the global success of mobile gamePokemon Go, based other Nintendo characters, which has nowbeen downloaded about half a billion times.However, Japanese investors were left unimpressed byfigures showing the economy grew just 0.7 per cent on anannualised basis in April-June, well down from the 2.1 percent seen in the previous three months..
Sep 07, 2016 at 19:38 | Source: PTI
The rupee today appreciated by 15 paise to close at four-month high of 66.37 against the US currency, extending its gaining spree for the sixth session in a row.
Messages on Currency Exchange Rate »


New Member


Bharat Forge  

BHARAT FORGE .fundementals improved, got earning visibility. Bharat Forge would benefit from 1:improved truck demand from the European Union and the US, 2:favourable raw material cost and currency exchange rates.

2.52 PM Sep 8th

jai sharemaster

Platinum Member



paise or say a rupee we jump up in elation as if the world world turned around. Allow me to quote in this regard one of the statements about Currency(Exchange Rate) made by my professor and he said Q: It has a strong emotional content. UQ: How true are those words. It also brings to light my long

6.34 PM Nov 30th 2012


Platinum Member


JSW Steel  

as on 30-9-2012 currency exchange rate was 52.8 since then Ree has further depreciated by about 2%, but it is still stronger than recent low of 57

11.22 AM Oct 29th 2012

Transgene Biote  

Rs 20 crore gain to TRANSGENE BIOTEK due to foreign currency exchange rate varation durin April to June quarter. This will reflect in July to sept 2012 result as net profit.

7.48 PM Oct 16th 2012


Currency/Money Conversion, Currency Exchange Rate/Price, Currency Converter/Trading, Indian Rupee, Rupee/INR, USD/Dollar, Euro/EUR, Pound/GB

2.25 PM Jun 21st 2012


Silver Member

0 Follower


Currency exchange rates decided by the speculators hurts everyone. THe basic purpose of different currencies was for price parity. If a dollar can but things worth Rs 10 on an average, the conversion rate should be 10 & not 56. The current rate makes oil, gold & life saving machinery very expensive

11.31 AM Jun 21st 2012

Web Messenger

Platinum Member



Source:Money Rediff News Report - The currency exchange rate is a representation of the market sentiment about the strength of a nation's economy. As such, it is often ruthless in indicating what the rest of the world thinks about a country's economic stewardship.

4.48 PM May 24th 2012

MF Investment Help  

Get currency exchange rates,views from the \`people\` who drive the markets.

4.33 PM May 22nd 2012


Platinum Member



more capital, it will indeed go a long way in augmenting supplies from the indigenous sources and providing much needed relief to our economy, including our currency exchange rates. Then there is HUGE shale gas sector waiting to be cracked open in our country.

6.28 PM May 17th 2012

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Platinum Member



Source:The Hindu BusinessLine - Mumbai, March 27: The recent hike in steel prices has led to domestic rates overtaking import rates. The disparity of $40 a tonne (Rs 2,000 a tonne) is set to revive imports, which were lagging due to volatile currency exchange rates, according to dealers

11.46 AM Mar 28th 2012

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