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Latest Articles in indian currency

Indian Rupee's Coronavirus-Induced Weakness To Linger In Near-Term

The Reserve Bank of India cut interest rates on March 27 by 75 basis points, its biggest cut since 2009, during the global financial crisis, to 4.40%.

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Rupee Rises 18 Paise To 76.02 Against US Dollar

At the interbank foreign exchange, the rupee opened at 76.02, registering a rise of 18 paise over its previous close

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Rupee Rises 32 Paise To 73.92 Against US Dollar In Early Trade

The interbank foreign exchange the rupee opened at 73.98, then gained further ground and touched a high of 73.92 against the US dollar, registering a rise of 32 paise over its previous close.

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Rupee Continues To Trade Above 74 Against Dollar

Investor sentiments recovered after Reserve Bank hinted at a rate cut at the next Monetary Policy Committee meet on April 3: Forex traders

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Rupee Hits Record Low Amid Coronavirus Scare

The partially convertible rupee dropped to a record low of 74.5075 against the dollar before recovering slightly to trade at 74.4445 by 0355 GMT.

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Rupee Rises 7 Paise To 71.21 Against US Dollar In Early Trade

Foreign fund outflows and strengthening of the American currency weighed on rupee and restricted its upmove.

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Rupee Rises 8 Paise To 71.32 Against US Dollar In Early Trade

Foreign institutional investors (FIIs) remained net buyers in the capital market, as they purchased shares worth Rs 161.93 crore on Friday, according to provisional exchange data.

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Rupee Slips 9 Paise Against US Dollar In Early Trade

The rupee opened weak at 71.26 at the interbank forex market and then fell further to 71.27.

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Rupee Slips 3 Paise Against US Dollar In Early Trade

The rupee opened weak at 71.21 and slipped further to hit 71.22 against the US dollar.

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Rupee Jumps 22 Paise Against Dollar In Early Trade

The dollar index, which gauges the greenback's strength against a basket of six currencies.

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Rupee Slips Below 72-Mark Against $

The Indian currency was trading 57 paise lower at 72.04 against the $ at 1548 hours.

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Indians' money in Swiss banks rise 50% to over CHF 1 bn

In comparison, the total funds held by all foreign clients of Swiss banks rose about 3 per cent to CHF 1.46 trillion or about Rs 100 lakh crore in 2017, according to the official annual data released today by Swiss National Bank (SNB), the central banking authority of the Alpine nation.

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Demonetisation Impact May Take A Few Months To Assess: CEA Arvind Subramanian

India’s high economic growth rate last fiscal may not reflect the actual impact of demonetisation, particularly on the informal sector, and it may take a few months to assess its real fallout, Chief Economic Adviser Arvind Subramanian said

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