Page 18 - Currency

Rupee appreciates 15 paise to 73.33 against US dollar in early trade

The rupee strengthened by 15 paise to 73.33 against the US dollar in opening trade on Tuesday as weak American currency and positive domestic equities strengthened investor sentiment

Rupee rises 21 paise to 73.32 against US dollar in early trade

The rupee strengthened by 21 paise to 73.32 against the US dollar in opening trade supported by weak American currency and positive domestic equities

RBI remains net purchaser of US dollar in July, buys $15.973 billion

The Reserve Bank continued to remain a net buyer of the US currency in July after it purchased USD 15.973 billion on a net basis from the spot market, according to its monthly bulletin

Rupee slips 9 paise to 73.55 against US dollar in early trade

The rupee depreciated 9 paise to 73.55 against the US dollar in opening trade on Friday tracking muted domestic equities

Rupee rises 16 paise to 73.39 against US dollar in early trade

The rupee strengthened by 16 paise to 73.39 against the US dollar in opening trade on Thursday supported by weak American currency and positive domestic equities

Rupee drops 13 paise to 73.73 against US dollar in early trade

The rupee depreciated 13 paise to 73.73 against the US dollar in opening trade on Wednesday tracking muted domestic equities and strengthening American currency

Rupee falls 29 paise to 73.64 against US dollar in opening session

The rupee depreciated 29 paise to 73.64 against the US dollar in opening deals on Tuesday amid rise in demand for the American currency from banks and importers

Rupee sees high volatility; rises marginally to 73.46/USD in early trade

The rupee witnessed high volatility in opening session on Friday amid heavy selling in domestic equities and a rebound in the American currency

Rupee skids 25 paise to 73.12 against US dollar in early trade

The rupee depreciated 25 paise to 73.12 against the US dollar in opening trade on Wednesday tracking muted domestic equities and strengthening American currency

Rupee retreats from six-month high on India-China border tensions

The Indian rupee retreated from near six-month highs on Monday afternoon after reports of fresh border tensions with China came to light, said traders

Rupee appreciates 14 paise to 73.25 against US dollar in early trade

The rupee appreciated 14 paise to 73.25 against the American currency in early trade on Monday tracking weak US dollar and sustained foreign fund inflows into the domestic equity market

Rupee surges 7 paise to 74.26 against US dollar in early trade

The rupee appreciated 7 paise to 74.26 against the US dollar in early trade on Wednesday supported by foreign fund inflows and optimism surrounding trade the deal between the US and China

Rupee surges 15 paise to 74.17 against US dollar in early trade

The rupee surged 15 paise to 74.17 against the US dollar in opening trade on Tuesday tracking positive domestic equities and weak American currency

Rupee turns weaker against US dollar in opening session; slides 5 paise

The rupee slid 5 paise to trade at 74.89 against the US dollar in opening deals on Monday due to rise in demand for the American currency from banks and importers

India takes on Asia's foreign exchange hubs for rupee trade with GIFT City

India's policymakers have been increasingly concerned about the growing heft of the rupee trades in venues overseas, and GIFT City as the hub is known, seeks to fill that gap

Former DEA Secy Garg proposes allowing cryptos as commodity with rules

Reiterates the view that they should not be regarded as currency

Rupee closes 7 paise higher at 75.58 against US$ on easing crude prices

The rupee settled 7 paise higher at 75.58 against the US dollar on Monday supported by weak American currency and easing crude prices even as the equity market was trading in the negative territory.

Corona calamity: The role of China's cheerleaders

By including the yuan in its basket of leading currencies, the IMF gave China a legitimacy it did not deserve

Amid fresh demonetisation rumours, small firms avoiding Rs 2000 notes

They have also directed their accountants to deposit cash balances of Rs 2,000 notes in banks

Rupee is the worst performer in emerging Asia as RBI tries to lift economy

The RBI bought has about $18 billion of foreign exchange since the end of September.