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, 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.
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, 22:32
Global brokerage firm UBS has trimmed its Nifty target for December-end by nearly 5 percent to 8,200 from 8,600 earlier on account of slower-than-expected recovery in India's economic growth.
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.
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, 18:29
Leading stock exchange BSE Monday launched a roll-over facility in its securities lending and borrowing (SLB) scheme, a move that will increase participation in such market.
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: Sunday, September 6, 2015, 12:39
Under the roll-over facility, lenders of securities would be allowed to extend an existing position. It means that lenders who are due to receive securities can now extend the period of lending.
Last Updated: Saturday, September 5, 2015, 16:03
The rupee has tumbled by 265 paise or 4.15 percent in the four weeks.
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.
Last Updated: Thursday, September 3, 2015, 18:50
Swiss banks are working at "full speed" to implement the automatic tax information exchange regime that will help India's efforts to crackdown on illegal wealth stashed by its citizens in Switzerland.
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