Currency

Rupee Might Stabilise At 68-69 A Dollar, Says Economic Affairs Secretary

Business | Press Trust on India | Saturday August 18, 2018

The rupee is already Asia's worst performing currency and had touched an all-time low of 70.40 per US dollar on Thursday.

Forex Reserves Decline By Over $25 Billion Since April Peak

Business | Press Trust of India | Friday August 17, 2018

The rupee had on Thursday closed at a historic low of 70.15 to the dollar. It had touched an intraday low of $70.40 on Thursday, making it one of the worst performing emerging market currencies, losing over 9 per cent since January this year.

Insta-Famous Museum Of Ice Cream Sells Not Just Sweet Treats, But Experiences

Offbeat | Maura Judkis, The Washington Post | Friday August 17, 2018

It looks like rainbows, smells like sugar and feels like money. According to MarketWatch, the Museum of Ice Cream has made more than $20 million since its opening in 2016.

Forex Markets Shut Today On Account Of Parsi New Year

Business | NDTV Profit Team | Friday August 17, 2018

INR VS USD: On Thursday, the Indian rupee slipped 26 paise to close below the 70-mark for the first time.

Rupee Closes Below 70-Mark For First Time Against US Dollar: 10 Things To Know

Business | NDTV Profit Team | Thursday August 16, 2018

INR Vs USD: The fall in Indian currency was due to strong US dollar demand amid growing concerns over widening trade deficit.

Rupee Hits Fresh Record Low Of 70.32 Against US Dollar: 10 Points

Business | NDTV Profit Team | Thursday August 16, 2018

The rupee hit a fresh record low of 70.32 against the US dollar in early trade on Thursday. Experts believe that the rupee is unlikely to recover soon. Asia's currencies also remained under pressure, with the dollar holding near 13-month peaks as political turmoil in Turkey and concerns about China's economic health continued to support safe-haven ...

Government Monitoring Forex Reserves To Deal With Undue Rupee Volatility, Says Arun Jaitley

Business | Press Trust of India | Wednesday August 15, 2018

In the current financial year, which began on April 1, the rupee has depreciated by around 6.7 per cent against the US dollar.

In Gujarat Bitcoin Scam Investors May Have Lost Rs 500 Crore: Police

India News | Press Trust of India | Wednesday August 15, 2018

Investors in Gujarat may have lost over Rs 500 crore in an alleged fraudulent scheme floated by the promoters of BitConnect, a cryptocurrency platform which shut down earlier this year, police today said.

Dubai-Bound Man Held With Over 44,000 USD At Delhi Airport

Delhi News | Press Trust of India | Tuesday August 14, 2018

A Dubai-bound man has been apprehended by the Central Industrial Security Force at the airport in Delhi for allegedly trying to smuggle out over 44,000 USD worth Rs 31.42 lakh concealed in biscuit jars, a senior official said today.

Rupee Breaches 70 A Dollar As Turkey Rout Complicates RBI's Job

Business | Vrishti Beniwal and Kartik Goyal, Bloomberg | Tuesday August 14, 2018

The currency woes come against the backdrop of an economy that's growing faster than any other major nation. Earlier this month, the RBI raised rates to the highest in two years.

Rupee Reverses Day's Losses To Close Above 70 Per Dollar: 10 Points

Business | NDTV Profit Team | Tuesday August 14, 2018

The rupee settled nearly unchanged on Tuesday, after weakening to a fresh all-time low of 71.10 against the US dollar amid prevailing weakness in emerging market currencies. The rupee closed at 69.90 against the greenback, recovering three paise from the previous day's close of 69.93. Tuesday's session marked the rupee sliding to as much as 70.10 a...

On Reports Of India's Plan To Print Currency In China, Centre's Response

India News | Edited by Arun Nair | Tuesday August 14, 2018

The government on Monday rejected reports that a Chinese company has won a contract to print Indian currency.

Rupee Gains 23 Paise After Hitting All-Time Low

Business | Press Trust of India | Tuesday August 14, 2018

INR Vs USD: However, the dollar's strength against some currencies overseas capped the gains of the domestic unit.

Rupee Hits All-Time Low Against USD: 10 Things To Know

Business | NDTV Profit Team | Monday August 13, 2018

It was a hard day for the rupee on Monday. The INR touched its life-time low of 69.62 against the US dollar (USD) as it tracked week emerging market currencies. However, the rupee retreated from its record lows after the central bank intervened to support it and halt a sharp fall, dealers said. On Friday, the rupee or INR had ended at 68.84 against...

Rupee At All-Time Low Of 69.62 Against US Dollar Amid Turkey Crisis

Business | Thomson Reuters | Monday August 13, 2018

INR VS USD: The rupee on Monday touched an all-time low of 69.62 per dollar in early trade on concerns about Turkey contagion spilling over to other emerging market currencies.