Last Updated: Tuesday, September 15, 2015, 09:33
Besides, a weak opening in the domestic equity market weighed, dealers said. A weakness in the US dollar against major world currencies in the global market, however, limited the rupee fall.
Last Updated: Monday, September 14, 2015, 09:44
Forex dealers said that besides selling of the American currency, a higher opening in the domestic equity market and weakness of the dollar against other currencies supported the rupee.
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.
Last Updated: Thursday, September 10, 2015, 09:43
Forex dealers said besides dollar strengthening against other currencies, fresh demand for the American unit from importers and a lower opening in the domestic equity market put pressure on the rupee.
Last Updated: Wednesday, September 9, 2015, 09:35
Dealers said apart from increased selling of the US currency by exporters and banks, weakening of dollar overseas also supported the domestic currency.
Last Updated: Tuesday, September 8, 2015, 09:38
The rupee had plunged by 36 paise to settle at two-year low of 66.82 against the American currency yesterday on persistent dollar demand from banks and importers due to sustained foreign capital outflows.
Last Updated: Monday, September 7, 2015, 10:09
Forex dealers said persistent demand for the dollar from importers and sustained capital outflows by foreign funds also weighed on the rupee.
Last Updated: Wednesday, September 2, 2015, 09:39
Forex dealers said domestic equity markets opening with gains supported the rupee, but dollar's strength against other currencies overseas capped the gains.
Last Updated: Tuesday, September 1, 2015, 10:03
The rupee had lost 34 paise to close at one-week low of 66.48 against the US dollar yesterday on persistent month-end demand for the American currency from importers.
Last Updated: Monday, August 31, 2015, 10:09
Besides, a lower opening of the domestic equity market weighed on the domestic currency but dollar's weakness against other currencies capped the losses, forex dealers said.
Last Updated: Saturday, August 29, 2015, 15:49
China on Saturday defended the recent revamp of its foreign exchange regime that led to a sharp devaluation of the yuan, calling it a "normal adjustment".
Last Updated: Monday, August 24, 2015, 16:42
Reserve Bank of India Governor Raghuram Rajan said he was ready to deploy foreign exchange reserves to curb volatility in the currency as turmoil in global markets sent domestic shares down more than 4 percent and the rupee to its lowest since late 2013.
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