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Rupee rebounds to 1-month high of 59.13 vs USD on RBI steps

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Mumbai: Boosted by the RBI's fresh steps to curb exchange rate volatility, the rupee on Wednesday bounced back sharply by 63 paise to close at a one-month high of 59.13 against the dollar.
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Sensex snaps 5-day rally, down 211 points as RBI steps hurt banks

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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

RBI announces additional measures to check rupee slide


Mumbai: With the rupee still continuing to be weak, the Reserve Bank on Tuesday announced additional liquidity tightening measures to contain excessive speculation and volatility in the foreign excha

Gold zooms by Rs 685, hits over 1-month high on RBI measures

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New Delhi: Gold on Tuesday shot up by Rs 685 to hit an over one-month high of Rs 28,365 per 10 grams in the national capital region on brisk buying following the RBI imposing fresh import norms, amid

Govt will take all steps to ensure rebound of economy: PM


New Delhi: Admitting the economy was going through a difficult period, Prime Minister Manmohan Singh on Friday assured the industry that government will leave no stone unturned to ensure a rebound.

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

Re at 2-week high; up 21 p Vs $ as govt liberalises FDI limits


Mumbai: The rupee on Wednesday strengthened by 21 paise to hit a fresh two-week high of 59.10 in early trade at the Interbank Foreign Exchange market, after the government liberalised FDI limits in a

RBI liquidity curbs help rupee recover by 58 paise to 59.31 vs US dollar

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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 surges 64 paise Vs dollar in early trade on RBI measures


Mumbai: The rupee on Tuesday gained a hefty 64 paise to 59.25 in early trade at the Interbank Foreign Exchange market on fresh dollar selling by exporters after the RBI announced a slew of measures t

RBI imposes restrictions on banks for currency F&O trading


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.

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