• Tag results for rupee fall

Rupee plunges 110 paise to 72.42 in early trade

Amid state election results and resignation of RBI Governor Urjit Patel, the rupee opened weak at 72.42, showing a sharp plunge of 110 paise over its previous closing price.

published on : 11th December 2018

Panasonic India mulls hiking prices of mobiles, consumer appliances on rupee woes

Panasonic India and South Asia President and CEO Manish Sharma said there is significant impact of rupee depreciation.

published on : 11th October 2018

Markets, rupee slump due to external factors; government to take action at appropriate time, says official

The government will take action at an appropriate time to check widening CAD and going forward there are indications that oil prices will fall, which will have positive impact on the rupee, he said.

published on : 11th October 2018

Rahul Gandhi hits out at PM Modi, questions his silence

Gandhi tweeted in Hindi that when fuel and gas prices are on the boil and there is an outcry in the public, till when will the prime minister be on silent mode?

published on : 3rd October 2018

Suresh Prabhu to chair inter-ministerial meet on rupee, trade deficit tomorrow

Representatives from the department of economic affairs, coal ministry, steel ministry, oil ministry and department of pharmaceuticals are expected to attend the meeting.

published on : 3rd October 2018

Rupee slips 36 paise against US dollar

In recent weeks, the rupee has taken a beating amid volatility in global markets and strengthening of the greenback.

published on : 1st October 2018

Rupee fall renders overseas travel expensive for Indians

For vacationers who have already paid for packages, shortening the number of days would help cut expenses.

published on : 1st October 2018

Spurt in fuel prices, RBI's forex trade slows down currency circulation: Report

Currency in circulation increased from Rs 9 trillion in January 2017 to Rs 19.5 trillion as of September 14 this year.

published on : 25th September 2018

Government steps to boost capital inflow unlikely to reverse rupee fall: Moody's

The Indian government estimates that the measures like allowing Indian banks to become market-makers, will increase capital inflows by USD 8-10 billion, or 0.3-0.4 per cent of GDP in the next year.

published on : 24th September 2018

India may lock in crude oil prices in future to stem rupee slide

The rupee, Asia's worst performing currency this year, has depreciated about 12 per cent year-to-date against the U.S. dollar, closing at 72.39 on Wednesday, after a record low of 72.99 on Tuesday.

published on : 21st September 2018

Nifty, Sensex rise; Tata Steel top gainer, rupee strengthens

The rupee strengthened 0.7 per cent to 72.5350 per dollar on Wednesday, after hitting an all-time low of 72.99 in the previous session.

published on : 19th September 2018

India likely to raise import duty on steel to support rupee

The proposal, which is part of a broader government plan to cut "non-necessary" imports to stop an outflow of dollars that has sent the rupee to record lows, will be discussed by the trade ministry.

published on : 19th September 2018

India's struggle to defend rupee shifts focus to rate hikes

The government's latest measures to support the rupee announced last week were particularly underwhelming for market participants who have since increased bearish positioning on the currency.

published on : 19th September 2018

RBI can sell USD 25 billion more to arrest rupee fall: SBI report

As per the report, during the June 2008 to May 2009 period, when rupee depreciated by 13 per cent, the RBI sold dollars worth $43 billion, though the forex reserves at that time stood at $312 billion.

published on : 19th September 2018

IMF estimates 'real' depreciation of Indian rupees as six to seven per cent

Since India is a relatively closed economy, the contribution of the net exports to growth in April to June quarter was again stronger than expected.

published on : 18th September 2018
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