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Rupee elevates 26 paise against the dollar in early trade... 19 March 2013
On Tuesday, the rupee gained 26 paise to 53.91 against the dollar in early trade at the Interbank Foreign Exchange on fresh selling of the US currency by exporters ahead of the Reserve Bank policy review. According to the Forex...
Keywords: Reserve Bank policy, inter-bank foreign exchange, Forex, rupee-dollar trade
Read MoreNext Parthasarathy? 22 May 2013
Secondary Education Minister Parthasaradhi met Chief Minister Kiran Kumar Reddy yesterday. The latest meetings of Ministers facing charges are resulting in their submitting resignations as in the case of Dharmana Prasada Rao and Sabita Indra Reddy. Although the meeting...
Keywords: charge sheets from CBI, Dharmana Prasada Rao and Sabita Indra Reddy, Congress Ministers, Congress Ministers
Read MoreSensex down, Rupee falls against USD 04 April 2013
Rupee was down by 16 paise today in early trade vying against the US Dollar on the Interbank Foreign Exchange. Continued capital outflows increased and importers of the US currency had witnessed excess demand causing the fall in the value...
Keywords: BSE, BSE, foreign exchange, BSE
Read MoreRupee falls to six month low 23 May 2013
The rupee experienced a sharp fall of 37 paise to trade at a fresh six-month low of 55.83 in early trade at the Interbank Foreign Exchange market on sustained dollar demand and strengthening of the US currency overseas. The sharp...
Keywords: sensex, foreign exchange, usd, usd
Read MoreRupee elevates by 25 paise! 06 March 2013
On Wednesday, the rupee rose by 27 paise to 54.67 against the dollar at the Interbank Foreign Exchange market on selling of the U.S. currency by exporters and banks. According to Forex dealers a higher opening in the domestic equity...
Keywords: exporters, Forex dealers, Rupee-dollar trade, Forex dealers
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: forex market, inr to usd, inr to usd, american currency
Read MoreNifty, Sensex and Rupee gain marginally 02 May 2013
The rupee has been gaining over the dollar since three days and today the rate closed in at Rs 53.67 against the green currency, USD, after it rose 13 paise. Yesterday, the Indian currency gained over 45 paise to go...
Keywords: forex, nifty, dollar rate, Bse
Read MoreRupee and Sensex gain in late morning trade 15 May 2013
On Wednesday in the late morning trade, Rupee had significant growth rising by 12 paisa to end at 54.69 against the green currency, USD. Analysts attributed the rise to the large sale of the US currency overseas by exporters and...
Keywords: usd in inr, sensex, forex market, foreign funds
Read MoreRupee rises against dollar by 10 paise 30 May 2013
After a bad week of poor performance in the Interbank Foreign Exchange Market, the Indian currency managed to get things straight slightly improving over the US Dollar as it finished at 56.07 today in the early morning trade. USD was...
Keywords: market value, interbank, rupee gains, market value
Read MoreRupee falls sixth day in a row 25 May 2013
All the week long the value of rupee was depreciating, sometimes with sharp falls while at others it managed to restrict the steeper ones but still descending. The rupee today ended 4 paise lower at fresh six-month low of 55.63...
Keywords: usd, interbank, rupee value, rupee value
Read MoreRupee declines 17 paise! 26 March 2013
On Tuesday, the rupee weakened by 17 paise to 54.34 against the US dollar on the Interbank Foreign Exchange market in early trade, due to month-end demand for the American currency from importers. According to the Traders, apart from month-end...
Keywords: forex, BSE, US dollar, National Stock Exchange
Read MoreRupee declines 16 paise against dollar! 04 March 2013
On Monday, the rupee declined by 16 paise to trade at nearly two-month low of 55.05 against the dollar in early trade at the Interbank Foreign Exchange market due to increased demand for the US currency from oil importers. According...
Keywords: US dollar, forex market, rupee, opening trade
Read MoreRupee elevates 11 paise! 05 March 2013
On Tuesday, the rupee elevated by 11 paise to 54.75 against the dollar in early trade at the Interbank Foreign Exchange (Forex) market on selling of the U.S. currency by exporters. Moreover, forex dealers said that a strong opening in...
Keywords: Interbank Foreign Exchange, dollar, Sensex, BSE
Read MoreGovernment fast tracks Black money probe 30 April 2015
In a major action against black money hoarders and money launderers, the Enforcement Directorate (ED) has attached assets to the tune of Rs 9,003 crore and filed 173 charge sheets in the financial year 2014-15. As part of its efforts...
Keywords: Foreign Exchange Management Act, Foreign Exchange Regulation Act, Prevention of Money Laundering Act, Foreign Exchange Management Act
Read MoreRupee falls 21 paise against USD 23 April 2013
Early in the morning trade, the rupee value depreciated against the dollar by losing 21 paise and bringing down the final figure to Rs 54.35. Interbank Foreign Exchange has also measured the American currency growing stronger over the Euro in...
Keywords: Foreign Exchange, domestic stock, Foreign Exchange, us currency
Read MoreED slaps notice to BCCI 16 February 2015
The Enforcement Directorate [ED] has slapped Board of Control for Cricket in India [BCCI], Indian Premier League [IPL] with show cause notice for allegedly violating Forex laws. ED has served notice accusing BCCI of manipulating the contract of distribution rights...
Keywords: forex laws, IPL Media rights, Enforcement Directorate, IPL Media rights
Read MoreRupee and Sensex rise in early trade 06 May 2013
On Monday, the native currency rupee has gained over the US Dollar in the early trade to end at Rs 53.80. The slight gain of 14 paise in the currency has been attributed to the heavy sale of the green...
Keywords: nifty, bse benchmark, nifty, equity market
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: BSE, Forex, American currency, U.S. Dollar
Read MoreRupee gains 14 paise! 13 March 2013
On Wednesday, the rupee gained 14 paise to 54.04 against the dollar in early trade at the Interbank Foreign Exchange on sustained selling of the US currency by exporters and banks. According to forex dealers, strengthening of euro against the...
Keywords: forex dealers, dollar, forex dealers, BSE
Read MoreRupee value appreciates against USD 09 April 2013
Rupee is having one of its merry times despite a slow growth after it rose for the third day consecutively. On Tuesday, the early trade has recorded another slight peak in rupee value taking it up 13 paise to Rs...
Keywords: equity market, rupee, sensex, Interbank Foreign Exchange
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