Dollar Strengthening

Global strengthening of the US dollar, Syrian crisis and high crude oil prices will be putting pressure on the Indian rupee in the early hours of trade on Wednesday.

Surging input costs, weak rupee to stress margins: JK Paper

In an interview to CNBC-TV18, AS Mehta, President, JK Paper speaks about the five percent price hike in its products on the back of increasing input costs. However, there may be a case for a further hike soon, if the rupee-dollar parity sees more fall, he says.

Rupee plunges to new low of 65.56, recovers to end at 64.55

The rupee remained in the doldrums for the sixth session in a row today as it breached the 65 mark to an all-time intra-day low of 65.56 before recovering to settle at 64.55 against the dollar, still down 44 paise.

Rupee recovers after hitting record low of 64.13/dollar

The rupee slid to a record low on Tuesday, falling past 64 to the dollar, before the Reserve Bank of India (RBI) stepped in to support a currency facing the brunt of a selloff from emerging market assets ahead of an expected tapering of US stimulus.

Rupee bounces back from record-low close to 60.88/$

The rupee today recovered from all-time closing low, adding 42 paise to end at 60.88 against the dollar amid expectations the government would announce fresh steps to support the local currency.

Bearish on rupee; more pain for EMs; like Korea: Eastspring

EMs, which have been highly expensive, may see more pain on the back of rising US bond yields, says Nicholas Ferres of Eastspring Investments.