You are here:News Home» Topic» Rupee Crisis»

Rupee Crisis

submit to reddit

'Rupee Crisis' - 115 News Result(s)

  • No Serious Crisis in Rupee, Says Arun Jaitley

    No Serious Crisis in Rupee, Says Arun Jaitley

    Finance Minister Arun Jaitley on Friday said there is no "serious crisis" in the rupee. Speaking in Rajya Sabha, he blamed the rising dollar for the recent weakness in the rupee and said the strength in the US currency posed a "serious challenge" for...

  • Why Russia Has Become a Threat for Sensex, Rupee

    Why Russia Has Become a Threat for Sensex, Rupee

    The BSE Sensex slumped to a two-month low of 26,500 on Wednesday, while the rupee weakened to 63.89 per dollar - a level not seen since November 2013. The sudden fall in Indian stock and currency markets has been triggered by an economic crisis in Ru...

  • Lupin, Glenmark Pharma Slump; EM Currency Rout Hurts

    Lupin, Glenmark Pharma Slump; EM Currency Rout Hurts

    Currency crisis in emerging markets could result in earnings downgrades, analysts said.

  • Raghuram Rajan Explains His 'Global Crash' Warning

    Raghuram Rajan Explains His 'Global Crash' Warning

    Reserve Bank of India Governor Raghuram Rajan on Monday said his warning about a global markets "crash" last week was not aimed to "preempt" another crisis, but to highlight the pitfalls of using monetary policy to revive growth.

  • Iraq Crisis Led to Rupee Depreciation: Minister of State for Finance

    Iraq Crisis Led to Rupee Depreciation: Minister of State for Finance

    The recent Iraq crisis has led to marginal depreciation of the rupee and government is calibrating "appropriate policy responses" to cope with the situation, Parliament was informed on Tuesday.

  • Sensex, Nifty Trade in Narrow Range

    Sensex, Nifty Trade in Narrow Range

    BSE Sensex and Nifty were mostly flat while trading was in a very narrow range. Though global markets were mostly higher, concerns over rising oil prices capped gains in Indian markets and put pressure on the rupee.

  • Nifty, Sensex Fall Amid Iraq Concerns, ONGC Slumps

    Nifty, Sensex Fall Amid Iraq Concerns, ONGC Slumps

    BSE Sensex and Nifty were lower in noon trade today weighed down by losses in oil & gas shares. The rupee also pared some its early gains.

  • Sensex, Nifty Rise as Rupee Rebounds Against Dollar

    Sensex, Nifty Rise as Rupee Rebounds Against Dollar

    BSE Sensex and Nifty moved higher on Thursday on positive global markets after the Federal Reserve gave a positive assessment of the US economy and committed to retaining accommodative monetary policy.

  • Rupee Ends Lower at 60.39 as Iraq Crisis Worsens

    Rupee Ends Lower at 60.39 as Iraq Crisis Worsens

    The rupee fell on Wednesday as the worsening crisis in Iraq warned of disrupting oil supplies but recovered from session lows after state-owned banks sold dollars, likely on behalf of the apex bank.

  • Sensex Falls 275 Points on Iraq Conflict; Fed on Watch

    Sensex Falls 275 Points on Iraq Conflict; Fed on Watch

    India imports 80 per cent of its oil requirements and higher oil prices could make things more complicated for Prime Minister Narendra Modi who won last month's elections on promises of lower price rise, faster economic growth and new jobs.

  • Rupee Weakens Close to 60.50 as Iraq Crisis Intensifies

    Rupee Weakens Close to 60.50 as Iraq Crisis Intensifies

    The rupee falls to 60.42 versus its previous close of 60.03/04 as the intensifying Iraq crisis leads to fears of supply disruption in oil supplies and domestic shares fall sharply.

  • Rupee Slips to 60.31/Dollar

    Rupee Slips to 60.31/Dollar

    Caution persists due to the Iraq crisis as Brent crude prices remained steady above $113 per barrel as fears of oil supply disruptions from Iraq offset the possibility of increased supply due to a thawing of relations between Iran and the West.

  • RBI Spotted Selling Dollars as Rupee Breaches 60.50

    RBI Spotted Selling Dollars as Rupee Breaches 60.50

    The rupee had dropped to near two-month lows in early trades on Tuesday as oil companies rushed to buy the greenback as escalating crisis in Iraq triggered concerns over inflation and current account deficit.

  • Rupee May Fall to 65/Dollar in 3-6 Months: Rajwade

    Rupee May Fall to 65/Dollar in 3-6 Months: Rajwade

    The rupee fell to 60.23 to a dollar, a level last seen on May 6, as demand for dollars from oil companies weighed. Traders were also seen buying the greenback as they looked to square off their short dollar positions.

  • Rupee Slips Past 60/Dollar, Hits Over 1-month Low

    Rupee Slips Past 60/Dollar, Hits Over 1-month Low

    The rupee fell to 60.0450 to a dollar in early trade, a level last seen on May 12, as demand for dollars from oil companies weighed. Traders were also seen buying the greenback as they looked to square off their short dollar positions.

  • Rupee Falls to 59.67 per Dollar as Crude Spikes on Iraq Crisis

    Rupee Falls to 59.67 per Dollar as Crude Spikes on Iraq Crisis

    The rupee is trading at 59.47/48, after hitting 59.4925, its lowest since May 15 and below its close of 59.25/26, tracking weak global cues following tensions in Iraq and downbeat US economic data.

  • Indian Oil Forex Swaps with RBI Squared Off

    Indian Oil Forex Swaps with RBI Squared Off

    The RBI had opened a forward dollar window for oil refiners during the rupee crisis last year to prevent a sharp fall in the rupee.

  • After Rupee Crisis, RBI Shores Up Currency's Defences

    After Rupee Crisis, RBI Shores Up Currency's Defences

    Reserve Bank of India (RBI) Governor Raghuram Rajan is reviewing its exchange rate policy, three officials with knowledge of the matter said, after the rupee's drop to a record low in August spurred criticism that it was ill-prepared to manage a heav...

  • The week ahead: Bullish fervour to continue as foreign flows drive indices higher

    The week ahead: Bullish fervour to continue as foreign flows drive indices higher

    The combination of foreign flows, rupee at 3 month lows, positive data with current account deficit coming at $ 4.2 billion (0.9 per cent of GDP) the lowest level in 8 years and the temporary resolution of the Ukraine crisis all saw the Nifty and Sen...

  • Nifty set to open at record high amid FII boost

    Nifty set to open at record high amid FII boost

    Overseas investors have bought heavily into India as a sharply narrowing current account deficit and a more stable rupee have increased confidence in a country that only last year was in the midst of its biggest market turmoil since the balance of pa...

Advertisement
Advertisement