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Once again a gain for rupee! 07 February 2013
The rupee strengthened by 4 paise to Rs 53.12 a dollar in early trade on the Interbank Foreign Exchange on fresh selling of the American currency by exporters and banks. According to forex dealers, it's that besides strengthening of dollar...
Keywords: exporter and banks, american currency, american currency, rupee
Read MoreRupee declines 34 paise against dollar! 18 March 2013
On Monday, the rupee lost 34 paise to Rs. 54.35 in early trade at the Interbank Foreign Exchange, due to increased dollar demand from importers and appreciation of the U.S. currency overseas. According to the Forex dealers, a weak opening...
Keywords: Forex markets, BSE, Forex markets, Forex
Read MoreRupee dives into deeper trouble 08 July 2013
In what can be dubbed as another "downfall" for the rupee, it's value plummeted by a massive 97 paise, breaching the 61-mark to hit 61.19, as heavy demand for the American dollar continued to surge up overseas. The rising demand...
Keywords: Forex, rupee, dollar, Forex
Read MoreRupee trims down losses to minimum 27 May 2013
Rupee managed to cut down on the losses initially to a great extent but the prices are still trading lower against the USA greens today early on in the trade as the recovery was being bolstered by bearish trades overseas...
Keywords: american currency, interbank, inr to usd, american currency
Read MoreRupee strengthened against dollar! 04 February 2013
The rupee breached the key 53 level by gaining 26 paise to trade at fresh three-and-a-half-month high of 52.93 in early trade on Monday against the dollar on sustained selling of the American currency by exporters amid continued capital inflows....
Keywords: rupee-dollar trade, domestic equity market, rupee strengthened, dollar
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