All stories by Gaurav Pai
Rupee falls on global growth concerns
Rediff.com17 Nov 2014The rupee depreciated by 17 paise to end at nearly one-month low of 61.72 against the greenback on Friday on sustained dollar demand even as domestic equities surged to new highs.
Rupee ends little changed; sentiment stays positive
Rediff.com27 Oct 2014But gains in the rupee were kept in check as domestic shares faltered, ending a five-session gain.
Rupee gains on positive China trade data
Rediff.com13 Oct 2014The rupee had lost 30 paise to close at 61.35 in the previous session on Friday on fresh demand for the US currency from banks and importers due to firm dollar overseas and sharp fall in local equities.
Rupee slumps 38 paise to end at over 6-month low
Rediff.com29 Sep 2014The rupee had recovered by 19 paise to close at 61.15 against the dollar in Friday's trade in tune with local equities.
Rupee falls to 1-week low of 60.94 Vs USD
Rediff.com23 Sep 2014Forex dealers said besides a lower opening in the domestic equity markets, increased demand from importers for the American unit put pressure on the rupee but dollar's weakness against other currencies overseas capped losses.
Rupee gains ahead of Fed meet
Rediff.com16 Sep 2014The rupee had plunged by 48 paise, logging its biggest fall in more than five weeks, to close at over one-month low of 61.13 against the greenback on Monday following demand for the US currency from importers.
Rupee sees biggest single-day fall since August
Rediff.com15 Sep 2014Forex dealers said besides fresh demand from importers for the American unit, a lower opening in the domestic equity market as well as decline in industrial production growth to 4-month low of 0.5 per cent in July, put pressure on the rupee.
Rupee ends flat, but hopes high about foreign flows
Rediff.com27 Aug 2014On Tuesday, the domestic currency had gained 13 paise to close at nearly four-week high of 60.43 against the American unit following fresh dollar selling by exporters and sustained investments by foreign funds.
Rupee ends higher in line with Asian peers
Rediff.com26 Aug 2014Analysts said any mass cancellation of the coal blocks could lead to a surge in imports and widen the trade deficit given the impact on domestic production.
Rupee falls on global cues, ends at 60.57
Rediff.com25 Aug 2014The rupee recovered 20 paise to close at over three-week high of 60.47 against the US dollar in the previous session on Friday following strong local equities and capital inflows.
Rupee posts best daily gain in 3 months
Rediff.com14 Aug 2014The rupee fell 13 paise to end at 61.21 against the American currency in Wednesday's trade following fresh dollar demand from importers, amid uptick in retail inflation and slowing industrial production growth.
Rupee rises 9 paise to end at 1-week high of 61.08
Rediff.com12 Aug 2014The rupee had weakened by 2 paise to end at 61.17 in yesterday's trade on late dollar demand from importers amid fresh capital outflows.
Rupee ends tad lower; losses capped as geopolitical tensions ease
Rediff.com11 Aug 2014The rupee had gained seven paise to close at 61.15 on Friday on suspected RBI intervention in the forex market.
Rupee rebounds from near 5-month low
Rediff.com7 Aug 2014The rupee had plunged 65 paise in its biggest single-day drop in over six months to end at 61.49 in Wednesday's trade against the greenback, hit by spike in dollar demand and negative cues from local stocks.
Rupee slumps to 3-month low on dollar buying by state-run banks
Rediff.com31 Jul 2014Forex dealers said apart from month-end demand for the American currency from importers, dollar's gains against other currencies overseas amid US data showing more-than-expected economic growth in the second quarter also put pressure on the local unit.
Rupee ends at over 2-week high of 60.06
Rediff.com30 Jul 2014The dollar's gains against other currencies overseas and a lower opening in the domestic equity market also put pressure on the local unit, forex dealers said.
Rupee inches lower, expected to remain range-bound
Rediff.com28 Jul 2014In New York, the dollar was up last Friday against its major rivals following weak German economic data.
Rupee edges lower; state-run banks buying dollars
Rediff.com17 Jul 2014Dealers said increased demand for dollar from importers mainly put pressure on the local unit but a higher opening in the domestic equity market and gains in other currencies overseas against the dollar capped the losses.
Rupee ends steady; trade data has little impact
Rediff.com16 Jul 2014Weakness in other currencies against the dollar overseas, after US Fed indicating interest rates could rise earlier than expected as the jobs market picking up, also put pressure on the local unit, forex dealers said.
Rupee ends lower as dollar demand offsets shares recovery
Rediff.com15 Jul 2014Forex dealers said besides dollar's gains against other currencies overseas, increased demand from oil importers for the US currency put pressure on the rupee.