Rupee and reserves to remain restless: Experts

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.

Rs 500 notes most in demand, Rs 1,000 at second place

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.

Forex reserves continues to shrink, declines by close to $3 bn again

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.

Rupee recovers 9 paise at 66.34 against USD

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.

Rupee closes 2 paise down at 66.43 against USD

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.

Market forces should determine rupee value: Sinha

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.

Rupee closes 14 paise higher at 66.41 against USD

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.

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 tumbles to fresh 2-year low of 66.82 against US dollar

Last Updated: Monday, September 7, 2015, 19:40

The rupee plunged by 36 paise to close at 2-year low of 66.82 against the American currency today on persistent dollar demand from banks and importers due to sustained foreign capital outflows amidst sharp fall in equity markets.

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.

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.