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PTI
Mumbai, November 20, 2013
At the Interbank Foreign Exchange (Forex) market, the domestic unit resumed higher at 62.25 a dollar from previous close of 62.36 and immediately touched a high of 62.24.


PTI
New Delhi, November 13, 2013
The country's largest oil and gas producer said its net profit would have been higher by Rs 7,621 crore if it had not paid the fuel subsidy.


Reuters
New Delhi, November 13, 2013
Indian refiners have asked the government to clarify if they can pay Iran for crude in euros after the National Iranian Oil Company requested settlement of some debts through a Turkish bank.


PTI
New Delhi, November 11, 2013
The domestic currency fell 77 paise from its previous close of 62.47 as government data showed trade deficit widened in October as against September. A strong US dollar overseas, after encouraging US jobs data renewed fears of stimulus tapering, added to the pressure on the rupee.


Reuters
New Delhi, November 7, 2013
Tough Western sanctions which have slashed its exports in half are driving Tehran to increasingly desperate measures to keep oil flowing. Iran already offers 90 days' credit on crude sales to Indian refiners while most other producers stick to 30 days' credit.


BT Online Bureau
Mumbai, November 1, 2013
The rupee is at the lowest level since closing at 61.83 on October 15. It was the third weekly drop for the rupee, which touched an all-time low of 68.85 on August 28.


BT Online Bureau
Mumbai, October 31, 2013
The rupee's decline was limited by a rally in local stocks, which took the key Sensex index to a new closing high, and continued foreign fund inflows.


PTI
New Delhi, October 30, 2013
The panel, headed by former Planning Commission member Kirit S Parikh, suggested that after the price hike, oil companies should be given a fixed subsidy of only Rs 6 per litre on diesel and any difference between cost of production and retail price should be passed on to consumers.


PTI
Mumbai, October 28, 2013
The currency resumed higher at 61.35 per dollar against last weekend's level of 61.46 at the Forex market and hovered in a narrow range of 61.37 per dollar and 61.60 per dollar before settling down by six paise.


Rahul Oberoi/Money Today
November 20, 2013
On the MCX, crude oil fell over 10% to Rs 6,358 per barrel on September 30 as against Rs 7,366 on August 30. In dollar terms, the WTI crude fell 4.5%, while the rupee rose 5% against the dollar, impacting the price by 10%.


BT Online Bureau
Mumbai, September 30, 2013
Fresh capital outflows also weighed on the rupee while some weakness in dollar overseas restricted the rupee fall.


BT Online Bureau
Mumbai, September 24, 2013
Month-end dollar requirements from importers, mainly oil refiners, affected the sentiment. Fresh capital outflows and some hesistancy in local stocks also weighed on the rupee.


BT Online Bureau
Mumbai, September 23, 2013
Month-end dollar demand from importers, mainly oil refiners, affected the rupee.


PTI
New Delhi, September 19, 2013
A day after the US Fed decided to maintain status quo on its stimulus programme, the Finance Ministry said it is business as usual for India and asserted that the government would continue with reforms.


BT Online Bureau
Mumbai, September 18, 2013
This was the currency's narrowest movement in four months. On May 16, the rupee had closed one paisa higher at 54.77 against dollar.


Associated Press
September 17, 2013
Syria is not a major oil producer, but oil traders say the possibility of a wider conflict could interrupt production and shipping routes in the Middle East and cause prices to rise.


BT Online Bureau
Mumbai, August 30, 2013
The Indian rupee got a boost from Prime Minister Manmohan Singh's assurances in Parliament on combating the currency's fall, gaining 85 paise to close at 65.70 against the US dollar.


BT Online Bureau
Mumbai, August 29, 2013
The currency ended a three-day losing streak even as the dollar strengthened overseas and capital outflows continued. Fresh dollar sales by exporters on expectations of a further rise in the rupee also helped the local currency.


PTI
Mumbai, August 29, 2013
RBI opened a special window to help the three state-owned oil marketing companies needing about $8.5 billion every month meet their daily foreign exchange requirement in a bid to check the rupee's free fall.


BT Online Bureau
Mumbai, August 28, 2013
Global factors like worries over the possibility of military action against Syria and rise in the dollar's value overseas added to the pressure on the Indian currency.


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