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Indian Rupee news

  
Showing stories 1 - 10 of about 68   

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Falling Indian Rupee lets you down while shopping
The depreciation of the Indian Rupee has become a nightmare for Indian shoppers in China. It might be fine for those who trade with China but for a large number of Indian tourists it is a devastating experience.
Weak Rupee Good For India, Says Bank Head
“Some of India's macro economic imbalances are getting corrected by a weaker rupee. I do believe that we need this, (the rupee's fall). It is significantly important for India's competitiveness,” Uday Kotak, Managing Director of India's fourth-largest ...
Indian rupee near all-time low despite massive RBI intervention
The Indian rupee declined to near its lifetime low this morning despite heavy intervention by the country's central bank in the forex markets following the apparent failure of its moves to stem the slump.
Interest rates and the rupee  The Hindu
RBI may impose curbs on gold coin sale  Rediff
DGCX extends trading hours for Indian rupee futures
The extended opening hours are predicted to be of greatest interest to participants trading in Indian rupee (INR) Futures and will enhance DGCX's leading proposition on this contract, it added.
Indian expats rejoice as rupee hits 15.60 vs Dh1
The Indian rupee fell to a fresh all-time low of Rs15.5955 against the UAE dirham (Rs57.28 against $1) at 11.20am UAE time (7.20am GMT) on Friday, June 22, as lack of good news globally and a constantly deteriorating local economy puts more pressure on ...
Weak Indian Rupee Impacts Gemfields Emerald Auction
(IDEX Online News) - The 13 percent weakening of the Indian rupee against the US dollar over the past eight months impacted the offer prices at the Gemfields auction of lower-end rough in Jaipur.
Bank notes: RBI considers other noteworthy icons
MUMBAI: The Reserve Bank of India is considering suggestions from people across all walks of life to put Indian luminaries other than M K Gandhi on our currency notes.
India's BPCL starts rupee payments for Iran oil -sources
NEW DELHI, June 19 India's Bharat Petroleum Corp has made its first payment for Iranian oil in rupees, two industry sources said on Tuesday, becoming the first refiner to use a payment channel that skirts tightening Western sanctions on Iran's trade ...
A depreciating rupee is an opportunity, not weakness
The steep depreciation of the rupee came after the dollar was allowed to depreciate in value against the rupee from R52 in March 2009 to R44 in March 2011: a depreciation of 18 pc in the value of the dollar in Indian markets. Why did RBI allow the ...
Current account deficit hits all-time high of 4.2% in FY12  Business Standard
Rupee back at 54-level as fund flows strengthen
"Factors like euro strengthening against dollar and FIIs buying shares have contributed to the appreciation of rupee," said T S Srinivasan, GM (Treasury), Indian Overseas Bank. Expectations of more easing from Federal Reserve weakened the dollar as it ...