India is to have a new symbol for its currency, the rupee, after the government approved the winning entry in a national competition Read the full story
India is to have a new symbol for its currency, the rupee, after the government approved the winning entry in a national competition Read the full story
India’s Rupee Slides on Speculation Fund Outflows to Accelerate
June 7 (Bloomberg) — India’s rupee slid the most in a week on speculation fund outflows from local stocks will accelerate as investors shun emerging-market assets amid concern the global economic recovery may stall.
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Rupee ends at 14 week low at 46.79 against dollar
Mumbai, May 20 : The Rupee today weakened to a 14 week low at 46.79 against the dollar with a big loss of 45 paise on heavy purchases of the greenback by foreign funds and recovery in domestic share markets, traders at the Interbank Foreign Exchange (FOREX) said here.
Read more on New Kerala
India’s Rupee Completes Worst Week Since 1995 on Fund Outflows
May 21 (Bloomberg) — India’s rupee completed its worst week since 1995 as tumbling stocks worldwide fueled concern the debt crisis in Europe will undermine the global economic recovery.
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India’s Rupee Slides to Five-Week Low on Europe Debt Concerns
May 5 (Bloomberg) — India’s rupee slid to a five-week low, tracking losses in Asian stocks and currencies, as investors sought the relative safety of the dollar over emerging-market assets on concern the debt crisis in Europe will worsen.
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India weighs capital controls with rupee on rise
India’s government is weighing capital controls with the rupee on the rise amid fears of “hot money” flowing into the country as investors pile back into Indian assets.
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Indian rupee erases early falls on local share gains
* Main share index ends 0.7 pct higher
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India rupee at 19-mth high as shares gain, dlr weak
* Main share index logs 9th straight weekly gain
Read more on Reuters via Yahoo! Asia News
Rupee ends higher by ten paise at 45.51 against Dollar
Mumbai, Mar 25 : The Rupee today strengthened by ten paise at 45.51 against the dollar on fresh pressure on the greenback by bankers and strong equity markets, traders at the Interbank Foreign Exchange (FOREX) said here.
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Rupee edges down on choppy shares, weak peers
The rupee weakened slightly in early trade on Thursday as the dollar’s gains versus major currencies overseas and a choppy start in domestic shares underpinned sentiment.
Read more on Business Standard India