Rupee hits 23-month low, falls past 65 against US dollar

Last Updated: Thursday, August 13, 2015, 12:26

The rupee fell past 65 against the American currency and was quoting lower by 22 paise at 65 per dollar Thursday on fresh dollar demand from banks and importers.

China yuan devaluation rattles India Inc; cheap imports may rise

Last Updated: Wednesday, August 12, 2015, 22:39

With China's move to devalue its currency, engineering and textile exports from India are expected to take a major hit with Chinese goods becoming more competitive.

Nifty tanks 113 points on weak global cues

Last Updated: Wednesday, August 12, 2015, 20:29

The benchmark Nifty tanked 112.90 points to end below the crucial 8,400-level Wednesday, mainly dragged down by selling in realty, metals, energy, banking and financials space reacting to weak global cues after China devalued its currency yesterday.

Yuan devaluation is challenge; but India can overcome: SBI chief

Last Updated: Wednesday, August 12, 2015, 20:06

State-run SBI chief Arundhati Bhattacharya Wednesday said Chinese currency Yuan devaluation is a challenge and expressed hope that India has potential to overcome this challenge.

Rupee tumbles 59 paise to near 2-year low of 64.78 against USD

Last Updated: Wednesday, August 12, 2015, 18:07

Declining for the sixth consecutive session, the rupee tumbled by 59 paise to nearly 2-year low at 64.78 against the US dollar Wednesday on sustained demand for the American currency from banks and importers on the back of firm greenback overseas following yuan devaluation.

China devalues yuan further, sparks fears of currency war

Last Updated: Wednesday, August 12, 2015, 17:57

Tuesday's devaluation by the world's second largest economy, the first since 1994, was effected amid slowing down of the economy which is hovering around seven percent and falling exports.

Why Indian Rupee has plunged to 2-year low

Last Updated: Wednesday, August 12, 2015, 14:51

key reasons of rupee's depreciation

World economies must take note of yuan devaluation: CEA

Last Updated: Wednesday, August 12, 2015, 13:14

World economies, including India, will have to take note of Chinese currency devaluation designed to avert slowdown in its economy and exports, Chief Economic Advisor Arvind Subramanian said Wednesday.

China cuts yuan rate against US dollar for second day

Last Updated: Wednesday, August 12, 2015, 09:22

China cut the value of the yuan against the dollar for a second consecutive day Wednesday, trimming the reference rate by 1.62 percent and sending a new shockwave through financial markets.

US stocks tumble on surprise yuan devaluation

Last Updated: Wednesday, August 12, 2015, 03:07

US stocks fell sharply Tuesday after China unexpectedly devalued its currency, as Apple, General Motors and other companies heavily exposed to China dropped.

US in wait-and-see mode on China`s yuan devaluation

Last Updated: Wednesday, August 12, 2015, 03:02

The United States warned China on Tuesday to push on with reforms to its exchange rate policy, saying it was too early to judge its devaluation of the yuan.

Rupee plunges 29 paise to 64.16 against USD, post yuan devaluation

Last Updated: Tuesday, August 11, 2015, 10:12

The rupee fell sharply by 29 paise to 64.16 against the dollar in early trade Tuesday at the Interbank Foreign Exchange due to a rise in the greenback against other currencies overseas.