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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

Rupee drops to all-time record low of 61.51 vs dollar

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 market and fall in the equity market.

Rupee plunges to record-low close of 61.10 despite RBI steps; Sensex falls 153 points

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Mumbai: The rupee fell a massive 67 paise to all-time closing low of 61.10 against the dollar despite slew of steps taken by the government and the central bank in the past few weeks to support the b

RBI to roll back rupee steps in Q4: Barclays

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Barclays expects the RBI's cash tightening steps to be rolled back only in the December quarter as the Reserve Bank of India wants to avoid showing a lack of resolve about its measures by reversing t

Rupee bounces back from 60.90 as RBI steps in, ends at 60.43; Sensex declines for 7th day

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Mumbai: After slumping to 60.90 levels in early trade, the rupee managed to recoup most losses to end almost flat at 60.43 against the US dollar on suspected RBI intervention and stricter hedging rul

Rupee hits three week low

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Reserve Bank of India’s (RBI) growth concerns, month-end dollar demand from importers and outward remittance from corporates dragged down the rupee by a whopping 106 paise to three-week low of 60.47, wiping out all the gains notched up on central bank’s recent liquidity tightening steps.

RBI leaves key interest rates unchanged in rupee battle; tone dovish

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Mumbai: The RBI left interest rates unchanged on Tuesday as it supports a battered rupee but said it will roll back recent liquidity tightening measures when stability returns to the currency market,

Rupee bounces back to 58 level; up 41 p Vs USD in early trade

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Mumbai: The rupee on Friday rose by 41 paise to breach the 58 level against the dollar at 58.70 in early trade at the Interbank Foreign Exchange market on increased selling of the US currency by expo

Rupee bounces back in late morning trade

Paring all early losses, the rupee Thursday rose by 21 paise to 58.92 in late morning deals on fresh dollar selling by banks and exporters, tracking a weakness in the US currency overseas.

RBI’s measures on rupee spread gloom in markets

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Mumbai: Banking stocks were battered badly on the bourses after the Reserve Bank of India (RBI) announced additional measures to suck liquidity in a bid to stabilise rupee. This pulled the markets do

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