Rupee hits record low past 62 Vs dollar

Last Updated: Friday, August 16, 2013, 10:03

The rupee had lost 24 paise to close at an all-time low of 61.43 against he US currency in the previous session on Wednesday.

Rupee advances by 19 paise to 61.11 vs dollar

Last Updated: Thursday, August 8, 2013, 10:04

The rupee resumed higher at 61.20 per dollar as against the yesterday's closing level of 61.30 per dollar.

Rupee tumbles by 63 paise to 61.40 Vs dollar

Last Updated: Wednesday, August 7, 2013, 09:33

Banks and importers preferred to increase their dollar position in view of fall in the equity market, a forex dealer said.

Rupee recovers after falling to record low of 61.80/dollar

Last Updated: Tuesday, August 6, 2013, 09:53

The partially convertible rupee fell to as much as 61.80 to the dollar in early trade, smashing through a previous low of 61.21 hit on July 8.

Rupee to strengthen as dollar seen weak after jobs data: Experts

Last Updated: Sunday, August 4, 2013, 16:52

Treasury officials of various banks see the rupee appreciating to the 60 levels this week. The rupee fell 67 paise on Friday to record closing low of 61.10 against the dollar.

Banks unlikely to up lending rates as loan demand remains weak

Last Updated: Tuesday, July 30, 2013, 18:26

Banks are unlikely to increase lending rates in the near future despite recent liquidity tightening measures announced by the RBI to contain rupee fall, as demand for loans have remained weak.

Rupee edges up two paise to 59.11 vs dollar in see-saw trade

Last Updated: Thursday, July 25, 2013, 10:09

In see-saw trade, the rupee on Thursday strengthened to 58.76, only to erase those gains and settle two paise higher at 59.11 against the dollar.

RBI announces additional measures to check rupee slide

Last Updated: Tuesday, July 23, 2013, 20:25

With the rupee still continuing to be weak, the Reserve Bank on Tuesday announced additional liquidity tightening measures to contain excessive speculation and volatility in the foreign exchange market.

‘India to call on millions of non-residents to defend rupee’

Last Updated: Tuesday, July 23, 2013, 13:00

However, the government strongly denied having ruled out a sovereign bond issue and said in a statement that "all options are on the table".

Rupee erases early gains, falls 4 paise to week's low of 59.76

Last Updated: Tuesday, July 23, 2013, 10:09

Yesterday, it tumbled by 37 paise or 0.62 percent. The rupee closed at 59.89 on July 15.

Question of change or continuity hovers over RBI

Last Updated: Monday, July 22, 2013, 08:52

An extension of Subbarao's tenure, once unlikely, has become a possibility as the rupee reels from a selldown of emerging markets that has hit India especially hard because of its high current account deficit.

Moody's warns rupee fall may constrain sovereign rating

Last Updated: Thursday, July 18, 2013, 17:52

The steep fall will raise the cost of servicing foreign currency government debt though it cannot have any major material impact on debt repayment burden.