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Indian rupee trades higher at 72.63 per dollar -

Stronger dollar could weigh on major crosses and also weigh on the rupee. On the domestic front, data released by Controller General of Accounts showed India's fiscal deficit touched 94.7% of the budgeted target during the April-August period while ... Leggi

Indian rupee trades flat at 72.60 per dollar -

Indian rupee trimmed the losses and trading flat at around 72.60 per dollar as it remains volatile during the day amid surging crude oil prices. It opened lower by 26 paise at 72.89 per dollar versus previous close 72.63. Caution ahead of the US ... Leggi

With an eye on faltering rupee, RBI expected to raise rates next week -

The Reserve Bank of India is likely to raise interest rates in early October, despite relatively tame inflation, to prop up a retreating rupee, according to a Reuters poll of economists who also trimmed their near-term growth forecasts. In an abrupt ...altro » Leggi

Rising software exports is the upshot in sliding rupee - Times of India

That growth is reflected in the stock market, where the year-to-date gains for information technology stocks have outpaced the broad market index. While the MSCI India index is up about 4 per cent, the information technology index has jumped nearly 33 ... Leggi

Currency hedging: Banks' fee income rises - Economic Times

KOLKATA|MUMBAI: For Indian banks reeling under potential treasury losses because of the increase in interest rates and the consequent decline in bond prices, fees from currency hedging on behalf of corporates have emerged as an attractive revenue ... Leggi

Indian rupee recovers 8 paise against US dollar to 72.61 - Zee Business

The rupee recovered by 8 paise to 72.61 against the dollar in early trade Wednesday on mild selling of the US currency by exporters amid easing crude oil prices. Currency traders said weakness in the dollar against some global currencies overseas and a ... Leggi

Government plans import curbs to check rupee fall - Times of India

NEW DELHI: The government will “very soon” implement the second set of measures including curbs on imports of non-essential items to shore up rupee to 68-70 level against the US dollar, economic affairs secretary Subhash Chandra Garg said, terming the ...altro » Leggi

India struggles to find the answer to its slumping currency - CNNMoney

The rupee is one of the world's worst performing currencies of 2018, losing more than 13% of its value against the US dollar. It resumed its slump on Monday, dropping near its record low of 72.9 rupees to the dollar, despite government efforts over the ... Leggi

Indian rupee erases morning gains, trades around 72.10 per dollar -

Volatile trade continued on the Indian rupee as it erased morning gains and trading around 72 level on Friday. It is trading higher by 27 paise at 72.10 per dollar. In remained in the range of 71.75-72.46 during the day after it opened higher by 52 ... Leggi

Rupee depreciation: Why currency trade with 'vulnerable' countries is the antidote to dependency on US dollar - Firstpost

India is mulling a rupee payment mechanism with Russia as part of a broad range of measures aimed at reducing the current account deficit (CAD) that has widened to more than $80 billion in the first five months of the current financial year as the ... Leggi