All stories by Subhadip Sircar
Rupee gains most in two weeks on strong fund flows
Rediff.com21 Mar 2014The rupee had depreciated by 39 paise, logging its biggest daily loss in nearly two months, to end at 61.34 on Thursday on fears of capital outflows from emerging markets after Federal Reserve signalled a sooner-than-expected hike in US benchmark interest rates.
Rupee falls most in nearly two months
Rediff.com20 Mar 2014The rupee had gained 24 paise to close at nearly one-week high of 60.95 against the dollar yesterday following selling of the US currency by exporters and some banks, amid sustained heavy capital inflows.
Rupee recovers from 1-week low
Rediff.com14 Mar 2014Whether the rupee can regain that momentum will largely depend on foreign investors, who have been net buyers of more than $2 billion in shares over the previous 20 sessions and of $2.3 billion in bonds in March.
Rupee at 3-month high of 61.08 versus dollar
Rediff.com7 Mar 2014Overseas funds have also become strong buyers of debt, with net purchases of $5.6 billion so far this year.
Rupee hits six-week high; elections next major trigger
Rediff.com5 Mar 2014Traders hope elections will see BJP winning a majority to usher in reforms and pull the economy out of the current slow growth.
Rupee falls as GDP growth drags, risk bets off on Ukraine
Rediff.com3 Mar 2014Dealers attributed the fall in rupee to dollar's gains against euro overseas
Rupee falls most in 3 weeks
Rediff.com18 Feb 2014The rupee had gained nine paise to close at nearly one- month high of 61.84 against the dollar in yesterday's trade after the government said in the interim Budget that fiscal deficit this financial year will be capped below target.
Rupee at near one-month high as interim budget sticks to script
Rediff.com17 Feb 2014In New York market, the dollar lost ground against most major rivals on last Friday amid mixed US data on industrial production and consumer sentiment.
Rupee at one-week high ahead of US jobs report
Rediff.com7 Feb 2014The partially convertible rupee ended at 62.2825/2925 per dollar.
Rupee falters; uncertainty lingers about interest rates
Rediff.com23 Jan 2014The rupee has avoided the heavy losses suffered by some emerging Asian currencies such as the Philippine peso this year because of its efforts to narrow the current account deficit, and strong foreign investor inflows.
Rupee gains as Sensex hit record closing high
Rediff.com22 Jan 2014The cost of holding one-year forward dollars rose to 482.75 basis points from 472.75 bps on Tuesday.
Rupee ends near two-week low at 61.89
Rediff.com21 Jan 2014The rupee was largely rangebound for most of the trading day in the absence of any major cues ahead of the Reserve Bank of India's rate-setting meeting next week.
Rupee edges lower; debt inflows provide support
Rediff.com20 Jan 2014In New York, the US dollar gained against most rivals on last Friday, as a week of data reassured investors that December's dismal employment report wasn't indicative of a broader shift in the economy.
Rupee falls to two-week low on weak shares
Rediff.com2 Jan 2014New York's main contract, West Texas Intermediate for February delivery, was up 22 cents at USD 98.64 in mid-morning trade while Brent North Sea crude for February rose 17 cents to $ 110.97.
Rupee closes 2013 as Asia's third weakest currency
Rediff.com31 Dec 2013It fell 11 per cent in 2013, its third successive annual loss.
Rupee falls; on course to end 2013 as one of Asia laggards
Rediff.com30 Dec 2013Traders say the outlook for the rupee has improved on the back of a sharp narrowing in the current account deficit after government and central bank emergency measures such as curbing gold imports.
Rupee snaps 4 days of losses on strong foreign fund flows
Rediff.com20 Dec 2013The currency's relatively stable performance even as the US announced tapering showed India's better preparedness to deal with any fallout of such foreign fund outflows.
Rupee falls for 3rd day; taper effect minimal
Rediff.com19 Dec 2013Dealers cited some dollar selling by state-run banks in the session, which some said may be on behalf of the central bank.
Rupee falls on caution ahead of Fed
Rediff.com18 Dec 2013The partially convertible rupee closed at 62.09/10 per dollar compared with Tuesday close of 62.01/02, a fifth day of losses out of six.
Rupee falls ahead of RBI rate move, Fed taper call
Rediff.com17 Dec 2013The RBI is widely expected to raise its key repo rate by 25 basis points to 8.00 per cent on Wednesday, its third such hike in four months after recent data showed both wholesale and retail inflation at multi-month highs.