Subhadip Sircar

All stories by Subhadip Sircar

Rupee gains most in two weeks on strong fund flows

Rupee gains most in two weeks on strong fund flows

Rediff.com21 Mar 2014

The 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

Rupee falls most in nearly two months

Rediff.com20 Mar 2014

The 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

Rupee recovers from 1-week low

Rediff.com14 Mar 2014

Whether 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

Rupee at 3-month high of 61.08 versus dollar

Rediff.com7 Mar 2014

Overseas 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

Rupee hits six-week high; elections next major trigger

Rediff.com5 Mar 2014

Traders 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

Rupee falls as GDP growth drags, risk bets off on Ukraine

Rediff.com3 Mar 2014

Dealers attributed the fall in rupee to dollar's gains against euro overseas

Rupee falls most in 3 weeks

Rupee falls most in 3 weeks

Rediff.com18 Feb 2014

The 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

Rupee at near one-month high as interim budget sticks to script

Rediff.com17 Feb 2014

In 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

Rupee at one-week high ahead of US jobs report

Rediff.com7 Feb 2014

The partially convertible rupee ended at 62.2825/2925 per dollar.

Rupee falters; uncertainty lingers about interest rates

Rupee falters; uncertainty lingers about interest rates

Rediff.com23 Jan 2014

The 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

Rupee gains as Sensex hit record closing high

Rediff.com22 Jan 2014

The 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

Rupee ends near two-week low at 61.89

Rediff.com21 Jan 2014

The 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

Rupee edges lower; debt inflows provide support

Rediff.com20 Jan 2014

In 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

Rupee falls to two-week low on weak shares

Rediff.com2 Jan 2014

New 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

Rupee closes 2013 as Asia's third weakest currency

Rediff.com31 Dec 2013

It fell 11 per cent in 2013, its third successive annual loss.

Rupee falls; on course to end 2013 as one of Asia laggards

Rupee falls; on course to end 2013 as one of Asia laggards

Rediff.com30 Dec 2013

Traders 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

Rupee snaps 4 days of losses on strong foreign fund flows

Rediff.com20 Dec 2013

The 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

Rupee falls for 3rd day; taper effect minimal

Rediff.com19 Dec 2013

Dealers 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

Rupee falls on caution ahead of Fed

Rediff.com18 Dec 2013

The 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

Rupee falls ahead of RBI rate move, Fed taper call

Rediff.com17 Dec 2013

The 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.

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