The rupee on Thursday recovered by a hefty 60 paise to 53.24 against the US dollar in early trade on the Interbank Foreign Exchange market after the Reserve Bank tightened norms for utilisation of

The Reserve Bank of India made a dramatic move to prop up its battered currency on Thursday, requiring exporters to sell half the foreign currency in their accounts, which helped to strengthen the rup

The rupee tumbled by 52 paise to 53.64 against the American currency in the late morning trade on persistent dollar demand from banks and importers in view of higher dollar in the overseas market.

I

India's foreign exchange (forex) reserves rose by $758.3 million to $295.36 billion for the week ended April 27, official data showed. Forex reserves had risen by $1.46 billion to $294.60 billion in t

India's foreign exchange (forex) reserves rose by $758.3 million to $295.36 billion for the week ended April 27, official data showed. Forex reserves had risen by $1.46 billion to $294.60 billion in t

Ahead of the next week's Beijing talks, the United States has said China needs to speed up reforms in its state-dominated banking system and correct the value of its currency.

"Financial sector refo

The rupee on Tuesday lost 29 paise to 52.79 against the US dollar in early trade on the Interbank Foreign Exchange market, due to increased demand for the American currency from importers.

Fore

India's foreign exchange (forex) reserves rose by $213.8 million to $293.14 billion for the week ended April 13, after declining by $1.47 billion in the previous week, official data showed.

Foreign c

India's rupee on Friday fell to its weakest level in three months against the dollar amid concerns over the nation's slowing economy and growing trade deficit.

The unit fell below the key 52 rupees t

The rupee declined by 32 paise to Rs 51.62 against the American currency on the Interbank Foreign Exchange in early trade on Monday weighed down by dollar's gains against other currencies overseas.