Rupee strengthens 24 paise at 66.31 against US dollar

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.

Rupee bounces back by 27 paise to close at 66.55 against USD

Last Updated: Tuesday, September 8, 2015, 20:04

In line with equity markets, the rupee recovered by 27 paise to close at 66.55 against the US dollar on fresh selling of the American currency by banks and exporters amidst a weak greenback in overseas markets.

Rupee recovers 8 paise at 66.74 against US dollar

Last Updated: Tuesday, September 8, 2015, 09:38

The rupee had plunged by 36 paise to settle at two-year low of 66.82 against the American currency yesterday on persistent dollar demand from banks and importers due to sustained foreign capital outflows.

Rupee weakens 17 paise to 66.63 against US dollar

Last Updated: Monday, September 7, 2015, 10:09

Forex dealers said persistent demand for the dollar from importers and sustained capital outflows by foreign funds also weighed on the rupee.

Yuan weakens despite firmer midpoint, less intervention seen

Last Updated: Monday, September 7, 2015, 09:52

"Dollar sales by state-owned banks on behalf of the central bank eased today," said a dealer at a European bank in Shanghai.

Rs 1,000 note to have new numbering system to check counterfeiting

Last Updated: Sunday, September 6, 2015, 19:17

A new numbering system and seven new security features will be incorporated in all currency notes, especially in high denomination Rs 1,000 and Rs 500 notes, in order to check the menace of Fake Indian Currency Notes (FICN).

G20 vows to boost fragile growth, nudges China on currency

Last Updated: Saturday, September 5, 2015, 20:32

G20 finance ministers and central bank chiefs on Saturday pledged to act decisively to shore up stuttering global growth and to refrain from unsettling currency moves after China`s controversial devaluation last month.

Global safety nets to check currency, market volatility needed: FM Jaitley

Last Updated: Saturday, September 5, 2015, 17:41

Jaitley also sought a well-designed and quickly-triggered safety nets under IMF like strengthening of liquidity arrangements via multilateral swap arrangements between member countries.

Rupee falls for 4th straight week, ends at 66.46 Vs USD

Last Updated: Saturday, September 5, 2015, 16:03

The rupee has tumbled by 265 paise or 4.15 percent in the four weeks.

US tells China at G20 to avoid 'competitive devaluation'

Last Updated: Friday, September 4, 2015, 23:53

US Treasury Secretary Jacob Lew on Friday told his Chinese counterpart at a G20 meeting in Ankara to avoid competitive devaluation and improve communication of Beijing`s economic policy.

Rupee closes 22 paise lower at 66.46 against USD

Last Updated: Friday, September 4, 2015, 18:53

Continuing to fall for the second consecutive day, the rupee declined by 22 paise to settle at 66.46 against the US dollar on persistent demand for the American currency from banks and importers amidst foreign capital outflows.

India to take up currency devaluation issue at G20

Last Updated: Thursday, September 3, 2015, 18:41

Ahead of the meeting of G20 finance ministers and central bank governors in Turkey, India on Thursday said competitive devaluation of currency is a major threat to stability in the global economy.