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PTI
Mumbai, June 3, 2014
A possible intervention of the Reserve Bank of India (RBI) through state-run banks mainly weighed on the rupee as renewed capital inflows in record setting local equities and weak dollar overseas could not able to stem the fall, a forex dealer said.


PTI
Mumbai, June 2, 2014
The Indian benchmark S&P BSE Sensex jumped by 467.51 points or 1.93 pct while FIIs infused Rs 2,977.62 crore last Friday, as per provisional data with stock exchanges.


PTI
Mumbai, May 29, 2014
The rupee commenced a tad higher at 58.92 a dollar but later turned negative and dropped to a low of 59.07 before concluding at 59.03 - recording a fall of 10 paise or 0.17 per cent.


PTI
Mumbai, May 28, 2014
Firm dollar overseas and capital outflows, however, capped the rupee rise to some extent, a forex dealer said.


PTI
Mumbai, May 27, 2014
\"Domestic currency was markedly paring its gains against the American Unit on the back of genuine dollar demand by corporates to pay import bills. Expectations that the central bank would not allow the rupee to appreciate further also led to increased demand for the greenback,\" said Abhishek Goenka, Founder & CEO, India Forex Advisors.


PTI
Mumbai, May 26, 2014
\"Rupee was seen approaching the levels of 59.00 today amid weak stock markets which were seen erasing the earlier robust gains posted during the session. Technically, a sustained closing above 58.80 will signal a bullish trend ahead for the USDINR pair,\" said Abhishek Goenka, Founder & CEO, India Forex Advisors.


PTI
Mumbai, May 23, 2014
Sustained capital outflows too weighed on the rupee while strong local equities limited the rupee fall to certain extent, a forex dealer said.


PTI
Mumbai, May 21, 2014
The rupee weakened by 13 paise to trade at 58.76 in early trade at the Interbank Foreign Exchange market due to increased dollar demand from importers.


PTI
Mumbai, May 20, 2014
While a better dollar overseas too weighed on the rupee, continued capital inflows capped losses, a forex dealer said.


Neha Dasgupta
Mumbai, May 19, 2014
The Indian currency is trading at 58.52/53 per dollar in early trade, off its session high of 58.47, its highest since June 18. It closed at 58.79/80 on Friday.


PTI
Mumbai, May 16, 2014
In straight three sessions, rupee has flared up 126 paise or 2.10 per cent. Foreign institutional investors bought a net Rs 3,634.82 crore worth equities, boosting the value of rupee.


PTI
Mumbai, May 15, 2014
\"Amid optimism over the election results and consistent gains in the stock markets, rupee is leading the gains among emerging Asian currencies,\" said Abhishek Goenka, CEO, India Forex Advisors.


PTI
Mumbai, May 13, 2014
Banks and exporters preferred to reduce their dollar position on hopes of more foreign capital inflows on the back of strong equity market. The dollex index was up by 0.23 per cent against the major currencies in the international market.


PTI
Mumbai, May 12, 2014
The rupee resumed higher 59.98 per dollar as against the last weekend's level of 60.04 per dollar and firmed up further to 59.51 per dollar on initial selling of dollars by banks and exporters on the back of sustained foreign capital inflows into equity market.


PTI
Mumbai, May 7, 2014
It hovered in a range of 59.96 per dollar and 60.15 per dollar during the day. The dollar index was down by 0.02 pct against a basket of six major global currencies. Mr. Pramit Brahmbhatt, Veracity Group CEO said, \"Rupee continued to trade range bound to slightly strong for the day.


PTI
Mumbai, May 5, 2014
The rupee opened higher at 60.09 per dollar as against the last weekend's level of 60.16 per dollar at the Interbank Foreign Exchange (Forex) market and firmed up further to 60.00 per dollar on initial dollar selling from banks and exporters due to persistent foreign capial inflows into equity market coupled with weakness of dollar in overseas.


PTI
Mumbai, April 26, 2014
The Met Department on Thursday said the monsoon is expected to be below normal in 2014 because of the El Nino effect, arising from the warmer-than-average sea surface temperature in the central and eastern tropical Pacific Ocean.


PTI
Mumbai, April 22, 2014
Mr. Pramit Brahmbhatt, Veracity Group CEO,\"Rupee continued to trade weak for the second consecutive day, taking cues from heavy dollar demand from oil importers. This week so far in just two days Rupee has depreciated almost 0.8 percent and is trading near the psychological figure 61.00 the major resistance for the rupee. The trading range for the Spot rupee is expected to be within 60.40 to 61.20.\"


PTI
Mumbai, March 28, 2014
At the Interbank Foreign Exchange market, the rupee commenced higher at 60.18, which was also the day's low, but improved further to a high of 59.68. It closed the day at 59.91 a dollar, showing a surge of 40 paise.


PTI
Mumbai, March 26, 2014
Dollar selling by exporters and some banks also aided the rupee surge, a forex dealer said. At the Interbank Foreign Exchange (Forex) market, the domestic currency resumed strong at 60.28 a dollar from last close of 60.48.


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