Rupee bounces back from record-low close to 60.88 vs dollar; Sensex up 124 points
Mumbai: The rupee on Thursday recovered from all-time closing low, adding 42 paise to end at 60.88 against the dollar amid expectations the government would announce fresh steps to support the local
Rupee drops to all-time record low of 61.51 vs dollar
Mumbai: The Indian rupee dropped to an all-time record low of 61.51 per dollar in the late morning session on fresh dollar demand from banks and importers amid weakness of dollar in the overseas mark
Sensex snaps 5-day rally, down 211 points as RBI steps hurt banks
Mumbai: Banking shares on Wednesday dragged down the stock markets for first time in six days with the benchmark S&P BSE Sensex sliding 211.45 points to 20,090.68 after the RBI took additional st
Market Khabar: Rupee may plunge to 65-67 against $
Comforted by the statements from the US Fed chairman that the its stimulus policies would be in place as long as necessary and FDI hike in several sectors including 100 per cent foreign direct invest
SEBI gets more powers for ponzi crackdown, effective execution
New Delhi: Giving SEBI more teeth to take on ponzi operators and others defrauding investors, government on Wednesday decided to arm the market regulator with direct powers to conduct search and seiz
Rupee retreats from 2-week high, drops 3 paise to 59.34 vs USD; Sensex up by 97 points
Mumbai: The rupee fell from a two-week high to close three paise lower at 59.34 against the dollar, failing to sustain gains driven by the easing of FDI norms in various sectors and the RBI's liquidi
RBI liquidity curbs help rupee recover by 58 paise to 59.31 vs US dollar
Mumbai: The RBI's measures to address exchange rate volatility by curbing liquidity paid off with therupee on Tuesday firming up 58 paise to end at 59.31 against the dollar, the biggest gain in more
Rupee down 40 paise against dollar in early trade
Mumbai: The rupee on Monday fell by 40 paise to 59.96 in early trade on the Interbank Foreign Exchange market, weighed down by dollar's gains against other currencies in global markets.
Forex dealers
Rupee falls below 61/dollar to record low
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
US Federal Reserve decision may affect IPOs
Mumbai: With high bouts of volatility being experienced in the secondary market and global liquidity expected to tighten once the US Federal Reserve starts scaling back its quantitative easing progra