More pressure in store for rupee, other emerging market currencies

Last Updated: Tuesday, August 27, 2013, 16:10

Emerging market currencies including Indian rupee are likely to remain under pressure, though depreciation is expected to slow from here, Barclays said in a research report on Tuesday.

Asia's emerging currencies slide after Fed minutes

Last Updated: Thursday, August 22, 2013, 15:24

The Indonesian rupiah traded at 10,958 to the dollar against 10,945 a day earlier, while the Thai baht was at 32.12, compared with 31.77.

Emerging Asia currencies struggle as Fed move looms

Last Updated: Wednesday, August 21, 2013, 16:12

Currencies in developing Asia struggled on as concerns grow that the US Federal Reserve will soon begin to unwind its massive stimulus programme, diverting cash back to the West.

Asia stocks get lull in selling, sentiment skittish

Last Updated: Wednesday, August 21, 2013, 08:38

Japanese and Korean shares both started marginally firmer after steep falls on Tuesday, while Asian currencies were steadier as the recent exodus of Western funds abated.

Rupee worst among Asian currencies in Q1; plunges 8.6%

Last Updated: Sunday, June 30, 2013, 18:01

The rupee lost 8.6 percent in the quarter as foreign investors sold a whopping USD 7 billion in June alone in debt and equities, recording the worst fall in a decade among the Asian currencies, as per an analysis of the currency.

BSF nabs two in Assam, fake currencies seized

Last Updated: Tuesday, December 25, 2012, 12:58

Two persons have been apprehended by the BSF from Dhubri district and fake currency with a face value of Rs 50,000 was recovered from their possession.

Rupee jumps 58 paise against the dollar

Last Updated: Tuesday, March 27, 2012, 10:17

The rupee Tuesday gained a hefty 58 paise against the US currency to end its five-session falling string on fresh dollar selling by exporters and banks.

Indian currency most undervalued: Big Mac Index

Last Updated: Tuesday, January 17, 2012, 21:11

As per the latest Big Mac index, the Swiss franc is the most overvalued in the world, while rupee is most undervalued.

Indian currency most undervalued: Big Mac Index

Last Updated: Tuesday, January 17, 2012, 21:11

As per the latest Big Mac index, the Swiss franc is the most overvalued in the world, while rupee is most undervalued.

400% rise in fake currency circulation: Finmin report

Last Updated: Sunday, January 15, 2012, 15:46

The report, compiled by the Financial Intelligence Unit (FIU) under the Union Finance Ministry states that during 2010-11 financial year (till March 2011), the agency detected "4,23,539 incidents of Fake Indian Currency Notes (FICN) with a face value of over Rs 35 crore."

Chargesheet filed against Karmapa, 9 others

Last Updated: Thursday, December 8, 2011, 00:07

Police filed a chargesheet against the Buddihist spiritual leader and nine others in connection with recovery of foreign and Indian currencies.

Rupee gains 6 paise against US dollar in early trade

Last Updated: Friday, December 2, 2011, 10:27

The Indian rupee gained 6 paise to Rs 51.40 per US dollar in early trade on the Interbank Foreign Exchange Friday on steady selling of the American currency by exporters.