Oil Importers

IMF's growth projection of India, however, is lower than the estimates of the Finance Ministry and the RBI. The Finance Ministry expects GDP growth to be 8-8.5 percent in 2015-16, while the Reserve Bank of India (RBI) has estimated it at 7.8 percent .

Rupee lower on oil demand; weak shares hurt

Traders expect the pair to remain in a 60.90 to 61.40 range during the session with stocks moves the key to direction as traders will watch the likely direction of foreign fund flows.

Bankers see bonds softening to under 9%

Yield on the 10-year government bond is likely to soften below 9 percent on hope that Reserve Bank will conduct more open market operations to improve the liquidity condition, say bankers.

Rupee may test 68/$ yet again: StanChart

Despite the RBI's moves to rescue the rupee, the Indian currency may weaken to levels of 68 against the dollar yet again, says Agam Gupta, managing director, Head of FXRC (Foreign Exchange Rates & Credit Trading), South Asia, Standard Chartered Bank.

Rupee snaps two sessions of gains, ends at 59.51/52

The rupee came off near two-week highs to close lower on Monday, ending a two-day winning streak.

Rupee hits new lifetime low of 59.68

Month-end dollar demand from oil importers and hefty FII outflows dragged down the rupee on Monday by 41 p to close at new lifetime low of 59.68, amid speculation that the RBI stepped in to check the currency slide as it nearly approached the 60-mark.

Indian rupee near 2.5 month low

Traders say good demand for the greenback from oil importers and gold firms hurting the rupee.

Targeting USD oil demand would boost rupee: Nomura

Any RBI move to supply dollars directly to India's oil importers is likely to have a significant positive impact on the rupee, at least initially, says Nomura.

Rupee at day's low, resistance at 53.51

The rupee fell to intraday low of 53.44 as worries mount about India's fiscal and economic challenges, as well as continued uncertainty about taxation for overseas investors, sparking worries of continued foreign outflows.

Rupee falls on import payments; more pain seen

The rupee fell in afternoon trading driven by a pickup in purchases by domestic oil importers and USD/INR looks set to test its next resistance at 52.50.

Rupee falls as Fed view boosts dollar

The rupee fell on Wednesday weighed by gains in the dollar after expectations of fresh monetary stimulus in the United States faded and local oil importers looked to cover payment obligations before the long weekend.

Rupee rises on inflow hopes; importers eyed

The rupee rose in early trades on Tuesday as traders expect foreign funds to flow into local equities after strong factory data boosted outlook for the country's growth.

Rupee closes at lifetime low of 52.84/$; 53 levels eyed

The rupee closed on Monday at an all time low of 52.84 against the dollar as signs of a sharp slowdown in Asia's third-largest economy prompted investors to buy dollars, says CNBC-TV18's Latha Venkatesh.

Rupee seen ranged with downward bias; shares eyed

The rupee is expected to remain rangebound with a downward bias on Friday amid mixed cues from Asian peers, but month-end dollar demand from oil importers and wariness ahead of the US Fed chairman's speech are seen weighing on the rupee.

Rupee up on shares, euro; oil demand may weigh

The rupee was stronger in early morning trades on Tuesday aided by a firm euro and positive local shares.

Rupee seen up on euro gains, strong Asian equity

The rupee is expected to open stronger on Friday on the back of the euro's gains against the dollar and positive Asian shares, but oil importers' demand for the greenback is likely to weigh.

Rupee falls by 5 paise on late dollar demand

Mumbai, June 22 (PTI) The rupee today lost five paise to close at 44.89/90 against the US currency on late dollar demand amid substantial capital outflows in last few days.

Rupee ends off highs as importer dollar demand weighs

The rupee snapped a three-day losing streak on Wednesday supported by the euro's gains against the dollar, but demand for the greenback from oil importers and weak local shares pulled it off highs.

Rupee ends off lows, euro's rise against dollar aids

The rupee weakened on Tuesday as dollar demand from oil importers and negative shares weighed, but it ended off the day's low tracking the euro's gains against the greenback.