Last Updated: Tuesday, September 15, 2015, 09:33
Besides, a weak opening in the domestic equity market weighed, dealers said. A weakness in the US dollar against major world currencies in the global market, however, limited the rupee fall.
Last Updated: Monday, September 14, 2015, 09:44
Forex dealers said that besides selling of the American currency, a higher opening in the domestic equity market and weakness of the dollar against other currencies supported the rupee.
Last Updated: Sunday, September 13, 2015, 15:45
Besides, the progress of monsoon, movement of the rupee against the dollar, will also be key factors determining the trend on the bourses in the truncated trading week.
Last Updated: Saturday, September 12, 2015, 18:15
The US Fed will decided on whether or not to raise interest rates in its Federal Open Market Committee (FOMC) slated for September 16-17.
Last Updated: Friday, September 11, 2015, 18:17
Of all bank notes in circulation, Rs 500 denomination bills accounted for 46 percent, while thousand-rupee notes were close behind at 39.3 percent as on March 2015.
Last Updated: Friday, September 11, 2015, 18:14
In the previous reporting week, the reserves had fallen sharply by USD 3.433 billion to USD 351.920 billion.
Last Updated: Friday, September 11, 2015, 10:05
The rupee recovered 9 paise at 66.34 against the dollar in early trade Friday on fresh selling of the US currency by exporters.
Last Updated: Thursday, September 10, 2015, 18:51
Snapping its two-day rising trend, the rupee slipped marginally by two paise at 66.43 against the US dollar Thursday on good demand for the greenback from banks and importers.
Last Updated: Thursday, September 10, 2015, 15:50
Value of the rupee should be driven by market forces even as the Reserve Bank and the government strive to maintain stability in the currency market, Minister of State for Finance Jayant Sinha has said.
Last Updated: Thursday, September 10, 2015, 09:43
Forex dealers said besides dollar strengthening against other currencies, fresh demand for the American unit from importers and a lower opening in the domestic equity market put pressure on the rupee.
Last Updated: Wednesday, September 9, 2015, 19:29
The rupee strengthened by 14 paise to close at 66.41 against the US dollar Wednesday on persistent selling pressure from banks and exporters amid hopes of resumption of foreign capital inflows in equity markets.
Last Updated: Wednesday, September 9, 2015, 09:35
Dealers said apart from increased selling of the US currency by exporters and banks, weakening of dollar overseas also supported the domestic currency.
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