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Indian Rupee news

  
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Indian rupee weakens on high demand for USD from foreign banks & importers
Dealers said that the Reserve Bank of India (RBI) has been intervening in the currency market quite heavily over the last week or so.
Rupee weakens against US dollar in early trade  Livemint
Rupee slips 16 paise against US dollar in early trade  The Indian Express
Indian rupee opens weaker against dollar at 64.63
Bhaskar Panda of HDFC Bank said that the dollar index has firmed up a bit on the basis of political uncertainties in Europe. He said the USD-INR pair has been in consolidation mode around 64.50 to the dollar and that the same trend is likely to continue.
Indian rupees: Holders of notes abroad face tough battle
People outside of India holding discontinued 500 and 1,000-rupee (�6; �12) notes face difficulties exchanging them, BBC research has found.
India withdraws 500 and 1000 rupee notes in effort to fight corruption  The Guardian
Indian rupee cancellation leaves some Toronto residents with worthless cash  CBC.ca
Indian rupee opens higher at 64.56 per dollar
The Indian rupee opened with marginal gain of 5 paise at 64.56 per dollar on Friday versus previous close 64.61. Ashutosh Raina of HDFC Bank said, “The USD-INR currency pair has been trading in the 64.50-65 range, with the cross-border tensions ...
Indian rupee opens weaker against USD at 64.91
Pramit Brahmbhatt of Veracity said, "Pessimism which persists in the domestic equity market will be the reason for rupee to depreciate. The spot USD-INR pair will trade in a range of 64.80-65.20/dollar today." The dollar held firm, rebounding from 6-1 ...
Indian rupee gains 19 paise versus dollar in early trade
The rise was primarily on the back of some custodian banks selling the dollar in exchange for the rupee, likely for their foreign portfolio investor clientele, dealers said.
Indian rupee opens at 64.52 per dollar, rises 12 paise
Pramit Brahmbhatt of Veracity said, "In the absence of any directional cue, the USD-INR pair will trade in a range of 64.50-64.80/dollar.
Rupee rises for 2nd session, up 9 paise at 64.55  The Indian Express
Rupee drops 34 paise to end at 64.89 against dollar  Hindu Business Line
Indian rupee opens lower at 64.63 per dollar
USD-INR is expected to trade within a range of 64.40-64.60, says Bhaskar Panda of HDFC Bank. Indian rupee opens lower at 64.63 per dollar.
Indian rupee opens higher at 64.78 per dollar
"We expect the USD-INR pair to be under pressure till the global risk tone improves. The pair is expected to trade in the 64.50-65.30/dollar range today.
How a stronger Indian Rupee can hamper your career in India's IT sector  Zee Business
Rupee closes stronger against US dollar  Livemint
After gaining 0.86% against the dollar in past five trading sessions, Rupee ...
“Some market participants are seen building short positions on the dollar, which will gain more ammo with overseas inflows to debt and equities in India amid a positive real interest rate. The rupee is clearly on a rising mode testing a crucial ...