Mumbai: Seeking to arrest the declining value of rupee, the Reserve Bank has imposed restriction on banks with regard to trading in currency Futures and Options (F&O) with immediate effect.
Under

Mumbai: The rupee fell to a record low on Monday as an emerging markets selloff after strong U.S. jobs data laid bare the currency's vulnerability and dependence on capital inflows to fund its record

Mumbai: Washing out early gains, rupee on Tuesday depreciated by 14 paise to close at 59.66 on defence-related dollar demand and losses in local stock market.
A firm dollar overseas and concerns over

Mumbai: The rupee rose by 37 paise to Rs 59.82 against the American currency in early trade on the Interbank Foreign Exchange on Friday, extending Thursday's recovery on increased dollar selling by b

Mumbai: The rupee on Thursday recovered from its all-time lows by rising 32 paise to 60.40 against the dollar in early trade at the Interbank Foreign Exchange market on fresh selling of the US curren

Mumbai: Erasing all its early gains, the rupee on Tuesday fell by four paise in the late morning trade due to fresh dollar demand from banks and importers on the back of firm global cues.
The rupee

Bengaluru: Life isn't all about what we dream of. 
That is the harsh reality some students are facing now with the continued downward slide of rupee. Their dream to get a foreign degree seems to rema

New Delhi: With the rupee dipping to an unprecedented low level, the government is ready to take step to curb volatility, Chief Economic Advisor to the Finance Ministry Raghuram Rajan said on Thursda

Mumbai: The rupee on Thursday plunged by a whopping 130 paise to hit life-time low of 60 against the US dollar in early trade on the Interbank Foreign Exchange on strong demand for the American curre

Continuing its upward rally for the third straight session, the rupee on Friday rose by a whopping 58 paise to hit over three-week high of 54.26 against the US dollar on the back of a sharp rally in t