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.
Last Updated: Tuesday, July 7, 2015, 01:00
The government is "very closely" monitoring the developments in Greece as that could have implications on the international currency market, Commerce and Industry Minister Nirmala Sitharaman said today.
Last Updated: Tuesday, May 26, 2015, 18:47
The rupee reacted downwards against the pound sterling to 98.58 from 98.36 previously and dropped against the euro to 69.87 from 69.77.
Last Updated: Friday, May 22, 2015, 10:18
The Nikkei 225 index at the Tokyo Stock Exchange, which finished at its best level since April 2000 on Thursday, inched up 5.50 points to 20,208.37 at the start.
Last Updated: Wednesday, May 6, 2015, 19:25
Central banks seeking to quell misconduct in the $5 trillion a day currency market are hopeful that for the first time they can unify the industry`s disparate codes of conduct into one central document within the next two to four years.
Last Updated: Thursday, April 30, 2015, 13:14
The improved performance was clouded by a number of one-off charges, resulting in RBS posting an attributable loss of 446 million, compared with a 1.2 billion pound profit a year ago.
Last Updated: Saturday, March 14, 2015, 09:36
The US Justice Department is seeking about $1 billion each from global banks being investigated for manipulation of currency markets, Bloomberg reported on Friday, citing people familiar with the talks.
Last Updated: Thursday, November 21, 2013, 17:20
Volatility and speculation have been largely contained in the currency market and it is reflecting the true value of the rupee, Finance Minister P Chidambaram said on Thursday.
Last Updated: Monday, March 18, 2013, 14:49
The Asian Development Bank (ADB) warned Monday of risk of asset price bubbles as local currency bond markets in East Asia expanded by 12.1 percent last year.
Last Updated: Thursday, November 8, 2012, 10:20
The rupee had appreciated by a robust 23 paise to close at 54.20 yesterday.
Last Updated: Friday, June 1, 2012, 10:00
Moving up for the second straight day, the rupee on Friday gained a whopping 54 paise to end at 55.54 against the dollar on persistent dollar-selling by exporters amid RBI hinting at opening a separate dollar window for oil firms.
Last Updated: Tuesday, May 29, 2012, 10:24
After three days of relief rally, the rupee on Tuesday came under pressure touching a low of 55.88 on heavy month-end dollar buying by oil companies amid the US dollar gaining strength globally but RBI intervention helped the domestic currency finally close 49 paise lower at 55.67.
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