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The Union government, or for that matter, the ministry of finance should not interfere in the functioning and decision-making powers of the RBI. (Photo: AFP)

RBI becomes net buyer of dollars in Sept, bought USD 5.61 billion

RBI purchased USD 6.514 billion and sold USD 900 million in the spot market, according to a recent RBI data.

13 Nov 2019 9:33 AM IST

At the interbank foreign exchange, the rupee opened strong at 70.55, registering a rise of 26 paise over its previous close of 70.81. (Photo: DC)

Rupee depreciates 8 paise against US dollar

At the interbank foreign exchange, the rupee opened at 71.36 against the US dollar.

11 Nov 2019 9:50 AM IST

The rupee finally settled at 69.89 on Tuesday, showing a modest gain of 4 paise over the previous close. (Representational image)

Rupee slips 30 paise against USD as Moody's cuts India rating outlook...

Sustained foreign fund inflows and easing crude oil prices capped the losses.

8 Nov 2019 10:24 AM IST

The Indian rupee is totally correlated to the crude prices and as long as the crude remains above $70, the rupee will hold weak.

Rupee slips 14 paise to 71.11 against USD in early trade

Sustained foreign fund inflows, positive opening in domestic equities and easing crude oil prices supported the local...

7 Nov 2019 10:29 AM IST

Weakening of the US dollar vis-a-vis other currencies overseas and easing crude oil prices supported the domestic unit and restricted the fall.

Rupee slips 15 paise to 70.84 against USD in early trade

The dollar index, which gauges the greenback's strength against a basket of six currencies, fell by 0.07 per cent to...

6 Nov 2019 10:23 AM IST

The rupee may trade in Rs 68.50-70.50/$1 range in the week to May 24 compared to Rs 69.80-70.92/$1 range in the previous week, a poll of 12 foreign exchange dealers showed on Monday.

Rupee gains 4 paise against US dollar in early trade

Rupee is trading at 70.73 against dollar, following increased selling of the American currency by exporters and banks.

5 Nov 2019 10:05 AM IST

At the interbank foreign exchange, the rupee opened strong at 70.55, registering a rise of 26 paise over its previous close of 70.81. (Photo: DC)

Rupee gains 16 paise against US dollar in early trade

A higher opening in domestic equity market, and hopes for a US-China trade deal also supported the local currency.

4 Nov 2019 10:08 AM IST

The rupee may trade in Rs 68.50-70.50/$1 range in the week to May 24 compared to Rs 69.80-70.92/$1 range in the previous week, a poll of 12 foreign exchange dealers showed on Monday.

Rupee firms up 11 paise against dollar

Rupee is trading at 70.81 against the US dollar due to fag-end selling of the greenback by banks and importers.

1 Nov 2019 7:06 PM IST

According to forex experts, the rupee would continue to remain weak on global and domestic concerns.

Rupee rises 5 paise against UD dollar in early trade

At the interbank foreign exchange, the rupee opened at 71.26 then rose to 71.22 against the dollar.

26 Dec 2019 10:18 AM IST

At the interbank foreign exchange, the rupee opened strong at 70.55, registering a rise of 26 paise over its previous close of 70.81. (Photo: DC)

Rupee slips 5 paise against US dollar in early trade

At the Interbank Foreign Exchange, the rupee opened weak at 71.01 then fell to 71.02 against the US dollar

19 Dec 2019 10:10 AM IST

In the reporting week, the rise in reserves was mainly on account of an increase in foreign currency assets, a major component of the overall reserves, which surged by USD 1.891 billion to USD 421.258 billion, according to the data.

Forex reserves soar to touch all-time high of USD 453 billion

The country's reserve position with the International Monetary Fund also increased by USD 15 million to USD 3.644...

14 Dec 2019 11:06 AM IST

At the interbank foreign exchange, the rupee opened strong at 70.55, registering a rise of 26 paise over its previous close of 70.81. (Photo: DC)

Rupee opens flat at 71.30 against USD in early trade

Domestic unit was trading in a narrow range as investors are awaiting fresh cues on the US-China trade front.

6 Dec 2019 10:11 AM IST