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Tag: Rupee

Indian markets fell sharply

Indian markets fell sharply, tracking a selloff in other global markets as as fears lingered over a global economic slowdown. The Sensex was down over 300 points while Nifty as near 11,350. Metal and banking stocks came under strong selling…

Rupee trades lower at 72.89

After a gap down opening the Indian rupee slipped further as it is trading lower by 40 paise at 72.89 per dollar. It has opened lower by 23 paise at 72.72 per dollar versus Friday’s close 72.49. Rupee consolidated in…

Rupee recovered 21 paise

The rupee recovered 21 paise to 72.91 against the US dollar early Tuesday on increased selling by exporters. The dollar’s weakness against some currencies overseas and a better opening of the domestic equity market also supported the rupee, dealers said….

Rupee strengthens by 55 paise

Rupee strengthened by 55 paise to settle at 73.57 against the US dollar on Friday. According to sources, steps taken by the government to curb non-essential imports and anticipation of more measures to attract foreign inflows have boosted sentiment in…

Rupee gained today

Rupee gained on Wednesday, recovering from a record low hit at the end of the previous session, as gains in other Asian peers and stronger domestic shares helped sentiment, while the announcement of the first open market bond purchase for…