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Indian Rupee news

  
Showing stories 1 - 10 of about 76   

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Don't take 1000 and 500 Indian rupee notes to Nepal
Tourists, businessmen and officials from India visiting Nepal are facing a new problem, following the Nepal government's ban on exchange of Indian currency in the denominations of Rs 500 and Rs 1,000. "I was shocked after a restaurant owner refused to ...
Indian Rupee Down, But Silicon Valley Upping Investment
While India's economic downturn has rocked financial markets, it hasn't scared away some Silicon Valley investors. Even with the Indian currency, the rupee, down 20 percent, local venture capitalists see the chance to make dollars. "At the macro level ...
BlackRock's Seth Says 'More Positive' on Indian Rupee Short Term
“We have been a little bit more positive on the rupee in the short term. In order for the rupee to strengthen over time we still need some of the basic reforms to pave the path for future growth.
Indian rupee slumps on news that Pranab is President
In a reversal of the short-term trend, the Indian rupee declined by more than 1.16 per cent in early trade this morning on news that Pranab Mukherjee, the former finance minister of India, has been elected President of the country.
Pranab Mukherjee's wife Suvra Mukherjee: We've not fought once in 55 ...  Times of India
Pranab Mukherjee set to become President of India  NDTV
Indian rupee back below 55
After a week of growing muscles, the Indian rupee once again slumped below the 55-mark against the US dollar, and the 15-mark against the UAE dirham, much to the relief of Indian expats across the world, some of who are still waiting to remit their ...
Why is printing a Rs 50 note costlier than a Rs 100 note?
According to a Right to Information reply by the Reserve Bank of India, it costs 50 paise for printing a currency note of Rs 5 denomination, Rs 1 (0.96 paise) for Rs 10, Rs 1.50 for a Rs 20 note. But, surprisingly, it costs more to print a Rs 50 note ...
Rupee breaches 56-level, down 13 paise against dollar
The rupee on Tuesday breached the 56-mark, down 13 paise to trade at fresh three-week low of 56.10 against the US dollar on the Interbank Foreign Exchange due to strong demand for the American currency from banks and importers, particularly oil firms.
RBI to issue Rs 10 and Rs 50 bank notes with rupee symbol
Mumbai: The Reserve Bank of India (RBI) said on Thursday it will soon issue Rs.10 and Rs.50 denomination bank notes incorporating the rupee symbol which was officially adopted in 2010. The new banknotes bearing the signature of RBI Governor D ...
Rupee symbol to appear on Rs.10 and Rs.50 banknotes  Parda Phash
Indian corporates head for forex options markets as rupee volatility continues
Indian firms move away from using forwards in a bid to grab upside benefits of future rupee appreciation As the rupee continues its downward plunge, Indian corporates are increasingly looking to hedge their foreign currency exposure using options ...
India Struggles to Cushion Rupee's Fall
For almost a year, India's central bank has spent billions of dollars to support the beleaguered rupee. And yet the currency is Asia's worst-performing against the U.S.