Rupee cracks below 66-level in free fall, plunges 32 paise vs USD

Apr 20 2018

The rupee crashed below the key 66 level to settle at a 13-month low of 66.12 against the US currency, firming crude prices and a more hawkish tone of the RBI.

Forex reserves at life-time high of $426.082 billion

Apr 20 2018

The country's forex reserves expanded by USD 1.217 bn to touch a life-time high of USD 426.082 bn in the week to April 13, helped by rise in foreign currency assets.

Carney dampens expectations for May rate hike, sees 'mixed' data

Apr 20 2018

Bank of England Governor Mark Carney dampened widespread expectations for an interest rate hike in May, pointing out there were also “other meetings” this year.

Rupee cracks below 66-mark, falls 25 paise against US dollar

Apr 20 2018

Rupee weakened by 25 paise to breach the 66-level and hit its 13-month low of 66.05 against US dollar in the early trade today due to appreciation of dollar overseas.

Rupee sags to 13-month low of 65.80 vs USD on crude shock

Apr 19 2018

The rupee sags to a 13-month low of 65.80 a dollar as growing worries over higher crude prices and likely fiscal slippages led to subdued forex market sentiments.

US dollar ends higher against rupee at Rs.65.80/8 per dollar

Apr 19 2018

US dollar ended higher against the rupee at Rs.65.80/81 per dollar and the pound sterling also finished higher at Rs.93.68/70 per pound at the close of forex market.

HK cenbank confident in currency peg even as interbank rate jumps

Apr 19 2018

Hong Kong’s central bank said it has confidence in 3-decade old peg to dollar, even as it continued to intervene to prop up the currency and as interbank rates jumped.

Rupee sheds 15 paise to 65.81 against the US dollar

Apr 19 2018

Rupee depreciated 15 paise to 65.81 against dollar in opening trade at the interbank forex market today on increased demand for the greenback from importers and banks.

Rupee slips 2 paise to end at fresh 7-month low against US dollar

Apr 18 2018

Rupee today slipped by 2 paise to settle at a fresh seven-month low of 65.66 against the dollar, extending its fall for a third day amid surging crude prices.

Rupee slips by 2 paise to 65.66 against the US dollar

Apr 18 2018

Rupee today dropped by 2 paise to close at Rs.65.66/67 against the US dollar at the interbank foreign exchange market here.

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