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Rupee declined by 12 paise! 14 February 2013
On Thursday, the rupee declined by 12 paise to 53.94 against the dollar at the Interbank Foreign Exchange market in early trade on fresh demand for the American currency from banks. Moreover, Forex dealers said fresh demand for the U.S....
Keywords: foreign exchange, forex markets., forex markets., equity market
Read MoreSensex elevates over 48 points in early trade... 01 March 2013
On Friday, the BSE benchmark Sensex elevated by over 48 points in early trade after Thursday’s steep fall, on the back of selective buying by funds in stocks of consumer durables, capital goods and metal. Moreover, the 30-share barometer rose...
Keywords: Sensex, National Stock Exchange, inter-bank foreign exchange, Sensex
Read MoreOnce 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: forex dealers, rupee-dollar trade, exporter and banks, forex
Read MoreRupee 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: domestic equity market, inter-bank foreign exchange, Indian rupee, Reserve Bank policy
Read MoreRupee declines 19 paise! 26 February 2013
On Tuesday, the rupee declined by 19 paise to Rs. 54.05 in early trade at the Interbank Foreign Exchange, due to dollar demand from importers. According to Forex dealers, a lower opening at the domestic equity market also put pressure...
Keywords: Interbank Foreign Exchange, Interbank Foreign Exchange, rupee, rupee
Read MoreRupee declines 30 paise against dollar! 01 March 2013
On Friday, the rupee lost 30 paise to Rs. 54.66 against the US dollar in early trade on the Interbank Foreign Exchange due to appreciation of the American currency against the other currencies overseas. Moreover, increased demand for the dollar...
Keywords: early trade, rupee, dollar, Budget
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: rupee-dollar trade, stock market, dollar, opening trade
Read MoreRBI frees rates on NRI deposit schemes 20 December 2011
The Reserve Bank freed interest rates on various non-resident deposit schemes, a move that will help attract more funds from NRIs and arrest the slide in rupee in the forex market. The decision to de-regulate interest rates on such deposits...
Keywords: forex market, NRI deposits interest rates, NRI deposits interest rates, NRI deposit accounts
Read More5 paise decline for rupee! 05 February 2013
The rupee declined by 5 paise to Rs. 53.33 per dollar in early trade on the Interbank Foreign Exchange market on Tuesday, weighed down by dollar’s gains against other currency rivals. According to the Forex dealers, besides dollar gains against...
Keywords: foreign exchange, rupee-dollar trade, interbank foreign exchange, interbank foreign exchange market
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, capital inflows, capital inflows, rupee strengthened
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: Interbank Foreign Exchange market, rupee, rupee, exporters
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: usd, interbank, usd, american currency
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: U.S. Dollar, Sensex, U.S. Dollar, Forex
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: business news, foreign exchange, forex market, usd in inr
Read MoreRupee downs by 12 paise! 12 February 2013
The rupee today fell by 12 paise to 53.97 against the dollar in early trade, extending losses for the fifth straight session at the Interbank Foreign Exchange (Forex) market due to sustained demand for the US currency from importers. According...
Keywords: rupee value falls., forex dealers, rupee value, Interbank Foreign Exchange
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