Rupee closes lower at 61.55 vs dollar…

November 12, 2014 0

The rupee weakened for the fourth trading session Tuesday to end 5 paise lower at 61.55 against the dollar. The dollar strengthened and banks bought dollars to limit sharp depreciation in the Indian unit. The […]

Rupee weakens to 61.60 on dollar demand…

November 11, 2014 0

The rupee opened weak by 10 paise against the previous close of 61.50 against the dollar at the Interbank Foreign Exchange market on the back of dollar demand from importers. Forex dealers attributed the rupee’s […]

Asian shares wilt, dollar off highs…

November 6, 2014 0

Asian shares got off to a lacklustre start on Wednesday after a plunge in oil prices dragged down US shares, while the dollar took a breather after this week’s rally. Crude prices steadied after falling […]

Rupee ends marginally higher at 60.85 a dollar…

September 19, 2014 0

Erasing morning losses, the rupee recovered from 61.20 levels to end marginally higher on Thursday at 60.85 against the dollar. The recovery was largely due to heavy capital inflows buoyed by US Federal Reserve’s renewed […]

Currency World…

September 18, 2014 0

Indian rupee recovered from its one-month low hit in the previous session on bargain-hunting, but traders remained cautious a day before the outcome of the Federal Reserve’s policy meeting. The partially convertible rupee ended at […]

Rupee rises to 61.06….

September 17, 2014 0

The rupee ended eight paise higher at 61.06 against the dollar compared to the previous close of 61.14 on the back of weakness in the American currency in overseas markets. Forex dealers said that besides […]

Rupee slumps 48 paise; ends lower at 61.14…

September 16, 2014 0

The rupee witnessed its biggest single-day drop of 48 paise in 1-1/2 months to close weaker at 61.14 against the dollar due to heavy capital outflows and demand for the American currency by importers and […]

Money Morning…

August 27, 2014 0

As per SC verdict yesterday coal blocks awarded since 1993 are illegal. Negative for players across powers, metals, cement and capital goods players. The Supreme Court(SC) on Monday declared allocation of all the 218 coal […]

Forex Daily…

August 27, 2014 0

Indian rupee closed slightly lower, retreating from a 3-week high hit last week, as the dollar gained after U.S. Federal Reserve chief Janet Yellen was more hawkish about the U.S. economy, than her European counterpart […]

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