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.
Snapping a

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

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

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

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

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

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

Hyderabad: In a surprise move to arrest the plunge of the rupee, the Reserve Bank of India on Monday announced strong measures to reduce liquidity in the banking system to prevent speculation in the

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

Mumbai: India Inc is expected to get severely impacted by the sharp depreciation in the rupee given the large foreign currency debt on its books and limited hedging.
According to CRISIL Research, the