News from other websites on dollar rupee
Rupee gains slightly, but flirts with record low on Fed stimulus concerns
Jun 19, 2013 at 18:40 | Source: FirstPost
Mumbai: The rupee rose on Wednesday, yet remained within close of its record low hit last week, as outflows from equity markets added to concerns about the funding of the current account deficit ahead of the U.S. Federal Reserve's decision on its sti...
Rupee falls 1.5 percent to record closing low
Jun 19, 2013 at 02:45 | Source: FirstPost
MUMBAI (Reuters) - The rupee fell 1.5 percent to a record closing low on Tuesday as traders worried that the country's current account deficit made the currency especially vulnerable to any scaling back of the U.S. Federal Reserve's monetary stimulus...
Rupee down 1.5% to near-record closing low of 58.77 a dollar
Jun 18, 2013 at 20:22 | Source: DomainB
The rupee hit levels near Monday's record closing low at 58.77/78 against the dollar today, losing 1.5 per cent of its value amidst continued fund outflows. The Indian currency had closed at 57.87/88 against the dollar yesterday, surpassing the prev...
Rupee at 58.77: Hits record closing low on CAD worries
Jun 18, 2013 at 19:10 | Source: FirstPost
The rupee fell 1.5 percent to a record closing low on Tuesday as traders worried that the country's current account deficit made the currency especially vulnerable to any scaling back of the U.S. Federal Reserve's monetary stimulus.The rupee is expec...
Rupee closes at record low; heavy onshore dollar demand seen
Jun 18, 2013 at 18:10 | Source: Economic Times
MUMBAI: The rupee fell 1.5 percent to a record closing low on Tuesday as traders worried that the country's current account deficit made the currency especially vulnerable to any scaling back of the U.S. Federal Reserve's monetary stimulus. The rupee...
Rupee falls after RBI keeps rates on hold
Jun 18, 2013 at 02:15 | Source: FirstPost
MUMBAI (Reuters) - The rupee fell on Monday as the RBI kept interest rates on hold and on caution ahead of the U.S. Federal Reserve's meeting later this week, although a lower-than-expected trade deficit helped to cap the currency's losses.The Reserv...
Currency Watch: Why the rupee fell after RBI kept rates on hold
Jun 17, 2013 at 17:48 | Source: FirstPost
Mumbai: The rupee fell on Monday as the RBI kept interest rates on hold and on caution ahead of the U.S. Federal Reserve's meeting later this week, although a lower-than-expected trade deficit helped to cap the currency's losses.The Reserve Bank of I...
Rupee posts sixth straight weekly fall; gains on day
Jun 15, 2013 at 02:00 | Source: FirstPost
MUMBAI (Reuters) - The rupee gained on Friday on the back of large dollar selling by exporters in spot and forward markets, ending a tough week that saw the currency slump to a record low as part of a broader regional market sell-off.Friday's gains w...
Rupee pares some losses; closes at 57.51 a dollar
Jun 14, 2013 at 22:22 | Source: DomainB
The rupee pared some of the losses and bounced back by 47 paise to close at a one-week high of 57.51 against the US dollar on the back of strong gains in the stock market and exporter sale of dollar. The rupee opened trading on the interbank foreign...
Higher FII debt limit only augments rupee fall: Kotak Securities
Jun 14, 2013 at 01:27 | Source: DomainB
Raising debt investment limit for foreign institutional investors (FIIs) can only be a short-term measure and not an effective solution to the rupee's problems, according to brokerage firm Kotak Securities. In its note to clients issued prior to the...
Rupee pares losses as exporters come to rescue
Jun 14, 2013 at 00:30 | Source: FirstPost
MUMBAI (Reuters) - The rupee recovered a large part of its losses on Thursday, helped by dollar sales from a corporate and exporters, but disappointment over lack of any specific measures from the government prevented a further rise.Finance Minister ...
Rupee recovers: Closes at 57.98 as exporters come to rescue
Jun 13, 2013 at 20:06 | Source: FirstPost
Mumbai: The rupee recovered a large part of its losses on Thursday, helped by dollar sales from a corporate and exporters, but disappointment over lack of any specific measures from the government prevented a further rise.Finance Minister P. Chidamba...
Chidambaram hints at more reforms, says reviving economy is not like ODIs
Jun 13, 2013 at 12:42 | Source: Financial Express
Seeking to accelerate reforms to spur investments, Finance Minister P Chidambaram today said the government will announce host of decisions, including relaxation of FDI caps and resolution of gas and coal prices, in the next few days. He further sai...
More reforms in next few days to spur investment: Chidambaram
Jun 13, 2013 at 12:31 | Source: Business Today
Finance Minister P Chidambaram Seeking to accelerate reforms to spur investments, Finance Minister P Chidambaram on Thursday said the government will announce host of decisions, including relaxation of FDI caps and resolution of gas and coal prices,...
More reforms in next few days to spur investment: Chidambaram
Jun 13, 2013 at 12:25 | Source: DNA India
Seeking to accelerate reforms to spur investments, Finance Minister P Chidambaram on Thursday said the government will announce host of decisions, including relaxation of FDI caps and resolution of gas and coal prices, in the next few days. He furth...
Rupee snaps five-day fall as Fitch upgrade boosts sentiment
Jun 13, 2013 at 00:30 | Source: FirstPost
MUMBAI (Reuters) - The rupee rallied on Wednesday, snapping a five-session losing streak, as an upgrade by Fitch Ratings helped calm investor nerves after a series of record lows were hit in recent sessions on the back of massive debt outflows.Fitch ...
As rupee roils, a look at the secretive NDF trades
Jun 12, 2013 at 12:15 | Source: DNA India
Non-deliverable forwards (NDFs) have been in the news of late with the rupee skating downhill. NDF is an over-the-counter, or OTC, derivative market for currencies based offshore. Trading for the $/rupee pair takes place in Singapore, which is the h...
Indian rupee recovers from record low; up 19 paise vs dollar
Jun 12, 2013 at 11:41 | Source: Business Today
Photo: Reuters The Indian rupee opened on a firm note on Wednesday and recovered by 19 paise to 58.20 against the dollar in early trade at the Interbank Foreign Exchange market after RBI announced steps to check free-fall in rupee, raising the limit...
Currency outlook: Rupee to stay under pressure
Jun 12, 2013 at 11:32 | Source: The Hindu BusinessLine
June 11, 2013: Rupee recorded an extremely steep decline against the dollar in the last fortnight, crashing from 55.6 to a new life-time low of 58.98 on Tuesday. This decline is a continuation of the decline that began in the first week of May on fe...
Why 55-60 to the dollar may be the new normal for rupee
Jun 12, 2013 at 10:08 | Source: FirstPost
The USD-INR (dollar-rupee) pair is expected to hover around the 60 level for some time unless there is a sudden surge in the US dollar index. The INR has been relatively weaker than the the dollar index as both have been falling instead of moving inv...










