Currency

Rupee Breaks 4-Day Losing Streak, But Still Below 71 Mark Against Dollar: 10 Points

Business | NDTV Profit Team | Thursday January 17, 2019

After four days of depreciation, the rupee advanced 0.3 per cent against the dollar to end at 71.03 on Thursday. That marked a gain of 21 paise for the rupee against the greenback from the previous close of 70.24, a day after the central bank announced new rules for overseas borrowings. Weakness in the United States currency overseas amid a dip in ...

May Need More Currency In System As GDP Rising: RBI Official

Business | Press Trust of India | Thursday January 17, 2019

The bank will also be issuing more security features in the currency for which pre-qualification bid notice has been floated, the official said.

Rupee Edges Higher By 9 Paise Against Dollar

Business | Press Trust of India | Thursday January 17, 2019

Forex dealers said, easing crude oil prices and selling of the American currency by exporters supported the rupee.

Rupee Edges Higher By 13 Paise Against Dollar

Business | Agencies | Wednesday January 16, 2019

INR Vs USD: Gains in domestic stock markets and weakening of the greenback in overseas markets supported the rupee, traders said.

Rupee Falls To End At Lowest Level In 1 Month: 10 Points

Business | NDTV Profit Team | Monday January 14, 2019

The rupee on Monday plunged by 43 paise to close at a nearly one-month low of 70.92 against the US dollar, reported news agency Press Trust of India (PTI). The fall came amid weak industrial output growth data, a fall in domestic equity markets and sustained foreign fund outflows. Weakness in the dollar against major peers overseas and a fall in cr...

Rupee Edges Lower To Close At 70.49 Against Dollar

Business | Press Trust of India | Friday January 11, 2019

Rupee moved in a range of 70.34 to 70.59, before finally ending at 70.49, showing a loss of 8 paise.

Forex Reserves Jump By $2.68 Billion In A Week

Business | Press Trust of India | Friday January 11, 2019

In the reporting week, foreign currency assets, a major component of the overall reserves, rose by $2.215 billion to $370.292 billion.

Haryana Singer, 27, Arrested For Duping Man Of Rs 60 Lakh After Notes Ban

Delhi News | Press Trust of India | Friday January 11, 2019

A 27-year-old Haryana-based stage singer was arrested for allegedly duping a retired government officer of Rs 60 lakh on the pretext of exchanging old currency notes during demonetisation in 2016, police said Thursday.

Foreign Currency Worth Rs 38 Lakh Seized At Hyderabad Airport

Hyderabad News | ANI | Friday January 11, 2019

The passenger Mohammad Ahmed Ali Baig, from whom the currency was seized, is an Indian national who was flying to Dubai.

Rupee Rises By 14 Paise To 70.32 Against Dollar

Business | Press Trust of India | Thursday January 10, 2019

Forex traders said the weakness in the US dollar against other currencies overseas, falling crude oil prices and fresh foreign fund inflows pushed the rupee higher.

Rupee To Weaken To 71.50 Against Dollar In A Year: Poll

Business | Thomson Reuters | Wednesday January 9, 2019

While the currency (INR vs USD) recovered nearly 6 per cent after touching a record low of 74.485 per dollar on October 11, the January 2-8 poll of more than 65 analysts showed the rupee will weaken again. The rupee rate (forex rate) fell about 9 per cent in 2018.

Response Sought From Centre On Digital Transactions For Visually Impaired

Delhi News | Press Trust of India | Tuesday January 8, 2019

The Delhi High Court on Tuesday sought response of the Centre and the RBI on a plea seeking to lay down standards to make physical currency and digital means of financial transactions accessible to visually impaired people.

Rupee Breaks Two-Day Gain To Slip Below 70 Mark Against Dollar: 10 Things To Know

Business | NDTV Profit Team | Tuesday January 8, 2019

The rupee declined by 53 paise, or 0.8 per cent, to close at 70.21 against the dollar on Tuesday. That marked the first lower closing for the rupee against the greenback after two days of appreciation. Concerns on the widening of current account deficit on rising crude oil prices pulled the rupee lower, say analysts. Strength in the dollar against ...

Rupee Weakens By 36 Paise To 70.04 Against Dollar

Business | Press Trust of India | Tuesday January 8, 2019

The rupee weakened even after the Central Statistics Office (CSO) released positive advanced estimates of national income for 2018-19.

Rupee Rises By 33 Paise To 69.39 Against Dollar

Business | Press Trust of India | Monday January 7, 2019

Rupee Vs Dollar: Forex dealers said, selling of the American currency by exporters supported the rupee.