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Rupee

Indian rupee drops to record low, tracking Asian peers

Indian rupee drops to record low, tracking Asian peers

Fri, Nov 10, 2023

Rupee hits record low of Rs.83.42/$. Why was there a sudden decline in the rupee?

What Is E-Rupee and How is it Different From UPI? | Explained

What Is E-Rupee and How is it Different From UPI? | Explained

Fri, Sep 15, 2023

India's central bank digital currency (CBDC), e₹, is still in the pilot phase, but it has the potential to revolutionise the way we pay for goods and services. In this video, we explain what e₹ is, how it works, and who can use it. We also discuss the key differences between e₹ and UPI, and how e₹ can be used to make payments.

Indian Rupee today: Currency rises 7 paise to 71.21 against US dollar in early trade

Indian Rupee today: Currency rises 7 paise to 71.21 against US dollar in early trade

Wed, Feb 12, 2020

The rupee opened strong at 71.24 at the interbank forex market then gained further ground to touch 71.21 per dollar, displaying gains of 7 paise against the greenback. On Tuesday, the rupee had settled at 71.28 against the US dollar.

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Indian equity markets open flat; Axis Bank in focus ahead of Q1 results

Indian equity markets open flat; Axis Bank in focus ahead of Q1 results

Fri, Jul 22, 2016

Axis Bank, trading at Rs 534.70, down 0.66%, will be in focus as the bank is set to announce its financial results for the quarter ended on June 30.

Improvement in monsoon positive for markets, inflation: India Ratings

Improvement in monsoon positive for markets, inflation: India Ratings

Mon, Jul 11, 2016

An overall improvement in monsoon this year will augur well for inflation and markets going forward, India Ratings and Research said in its latest report.

Rupee slumps 8 paise against dollar

Rupee slumps 8 paise against dollar

Tue, Jul 05, 2016

The rupee lost some ground as it weakened by 8 paise to 67.35 against the dollar at the forex market today following fresh demand for the American unit from importers and banks amid a lower opening in domestic equities.

Rupee appreciates 15 paise against dollar

Rupee appreciates 15 paise against dollar

Mon, Jul 04, 2016

Staying with its winning momentum for the fourth consecutive day, the rupee strengthened 15 paise to 67.17 against the dollar today in the forex market on increased selling of the US currency by banks and exporters.

Petrol price cut by 89 paise, diesel price by 49 paise per litre

Petrol price cut by 89 paise, diesel price by 49 paise per litre

Thu, Jun 30, 2016

In Delhi, now petrol will cost Rs 64.76 a litre as compared to Rs 65.65 per litre currently.

Facility to exchange pre-2005 banknotes will be available only at select offices of RBI from tomorrow

Facility to exchange pre-2005 banknotes will be available only at select offices of RBI from tomorrow

Thu, Jun 30, 2016

RBI is pulling out the pre-2005 banknotes because of fewer security features compared to banknotes printed after 2005.

India's foreign debt climbs by $10 billion, at $486 billion

India's foreign debt climbs by $10 billion, at $486 billion

Thu, Jun 30, 2016

The release said that the rise in external debt was primarily on account of a rise in outstanding NRI deposits.

Rupee firms up 14 paise against dollar in early morning trade

Rupee firms up 14 paise against dollar in early morning trade

Thu, Jun 30, 2016

Forex dealers said weakness in the US dollar against some other currencies overseas provided added momentum to the rupee.

Rupee gains 23 paise against dollar in early trade

Rupee gains 23 paise against dollar in early trade

Tue, Jun 28, 2016

Besides, weakness in the dollar against some other currencies overseas gave the rupee some muscle, forex dealers said.

Market dips down of Brexit fear

Market dips down of Brexit fear

Mon, Jun 27, 2016

Market dips down of Brexit fear. Watch complete news story of Headlines @ 8:00 AM and stay updated with the latest trends and statistics in the stock market, commodity market and share market!

Rupee plunges on news of Brexit; RBI likely prevent it from falling further

Rupee plunges on news of Brexit; RBI likely prevent it from falling further

Fri, Jun 24, 2016

The Reserve Bank of India (RBI) likely sold dollars around 68.20 rupee levels through state-owned banks to prevent the rupee from falling further, three traders said on Friday, adding that appeared to be the level the central bank was keen on defending.

Brexit or not, India is going to be impacted

Brexit or not, India is going to be impacted

Thu, Jun 23, 2016

At this point, such an argument is mere speculation. A re-negotiation of the EU-UK agreement following Brexit would mean further uncertainty for India since a conflict of interest could arise, restricting UK from adapting certain deals with India.

Raghuram Rajan exit: Policies are more important than personalities, says Fitch Ratings

Raghuram Rajan exit: Policies are more important than personalities, says Fitch Ratings

Mon, Jun 20, 2016

The leading credit rating agency said it recognises Rajan's contribution in setting significant policy changes in motion and said the new Governor will inherit a solid basis.

Indian rupee to under-perform most currencies

Indian rupee to under-perform most currencies

Mon, Jun 20, 2016

Besides opening from lower in domestic equity market, PTI reports stated that fresh demand for the currency from importers also heated up the rupee. However, the dollar weakness against some currencies overseas, restricted the rupee's losses.

Rupee plummets 61 paise to dollar on Rajan's exit as RBI governor

Rupee plummets 61 paise to dollar on Rajan's exit as RBI governor

Mon, Jun 20, 2016

On Saturday, Rajan said no to a second term in the post, a surprise decision the industry and opposition parties termed as nation's loss.

Will Rajan's exit drag equity markets tomorrow?

Will Rajan's exit drag equity markets tomorrow?

Sun, Jun 19, 2016

The rupee closed at 67.0775/67.0875 per dollar on Friday.

Will Brexit push Indian Rupee to 70?

Will Brexit push Indian Rupee to 70?

Fri, Jun 17, 2016

CARE Ratings, in May said that Rupee is likely to depreciate in value and trade around 69 to a dollar in the current year. Although its reasoning were more to do with the US Federal Reserve, and FCNR deposits that are coming up for redemption.

Rupee appreciates by 8 paise against dollar in early trade

Rupee appreciates by 8 paise against dollar in early trade

Fri, Jun 17, 2016

Forex dealers said besides selling of the American currency and positive economic data, a higher opening in the domestic equity market and weakness of the US dollar against some other currencies overseas supported the rupee.

Rupee depreciates by 6 paise on fresh dollar demand

Rupee depreciates by 6 paise on fresh dollar demand

Thu, Jun 16, 2016

The rupee opened higher by 67.12 against Wednesday's closing level of 67.15 at the Interbank Foreign Exchange (Forex) market in Mumbai on Thursday.

Rupee appreciates by 8 paise against dollar in early trade

Rupee appreciates by 8 paise against dollar in early trade

Wed, Jun 15, 2016

Besides, a higher opening in the domestic equity market supported the rupee. However, dollar's strength against some currencies overseas capped the gains, forex dealers said.

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