Recently the Dubai Gold and Commodities Exchange launched the Mini Indian Rupee-Dollar futures contract with an aim to support retail remitters.

Rupee is trading near eight-and-a-half month low and has depreciated by nearly 4 percent for a month now. But, the moot question is: will rupee bounce back? No! Say experts who suggest that the worst is yet to come and rupee may even ebb to 60 by the ...

India's rupee is poised for a third weekly decline after the Federal Reserve indicated it may slow debt purchases, fueling concern that fund flows to emerging markets will reduce.

India's rupee fell to a six-month low and bonds dropped after the Federal Reserve flagged the possibility of trimming its debt purchases, raising concern inflows to higher-yielding emerging-market assets will slow.

Indian rupee today weakened further by 10 paise to 55.69 against the US dollar in early trade on the Interbank Foreign Exchange due to appreciation of the US currency overseas.

The rupee today fell below 56-level against dollar during intra-day amid the US currency's sustained gains against major rivals overseas.

The Indian rupee slipped further on Thursday hitting fresh six months low. The dollar gained against all major currencies after Bernanke's testimony indicated that the Fed may gradually taper off bond buying.

Buy Indian Rupee above 55.45; target 55.72: ICICIdirect.com. ICICIdirect.com has come out with its report on currency. According to the research firm, the US dollar is expected to garner buying support on declines against the INR.

Buy Indian rupee on dips, advises Karvy. Karvy Stock Broking has come out with its report on currency. According to the research firm one can buy Indian rupee (USDINR) on decline. Karvy Stock Broking · More about the Brokerage... Source: Moneycontrol.

Indian rupee hits 6-month low at 55.41 on firm dollar. Indian rupee touched nearly a six-month low of 55.41 depreciating 30 paise on sustained dollar demand from importers and weakness in equity shares.