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The needless controversy between the government and the RBI is a direct consequence of economists without any practical experience in administering policies at a high level being inducted to executive positions.

RBI net dollar buyer for third straight month in Feb, snaps up USD 825...

The central bank had turned net buyer of dollar for the first time in fiscal 2019 in December 2018, buying USD 607 mn.

14 April 2019 4:28 PM IST

As the downward spiral of the rupee continues, its effect will be felt in the government not being able to hold the fiscal deficit, inflation in oil and other imports, the fall of investments made in the stock market and the increased cost to companies in repaying foreign loans.

Rupee slips 32 paise against US dollar in early trade

Rupee is trading at 69.24 against dollar owing to increased demand for the greenback from importers and banks.

12 April 2019 10:00 AM IST

The Reserve Bank of India on Monday fixed the reference rate of the rupee at 64.9287 against the US dollar and 79.6870 for the euro.

India Inc is seeking dollar borrowings, but only select firms will...

For making offshore debt attractive Reserve Bank of India has eased external commercial borrowings guidelines.

12 April 2019 9:06 AM IST

On Tuesday, the Indian rupee closed the session on a flat note at 69.83 a dollar.

Rupee slips 9 paise against US dollar in early trade

Sustained foreign fund inflows supported the rupee and restricted the fall.

11 April 2019 10:05 AM IST

Rupee strengthened by 28 paise to close at 70 against the dollar on Thursday.

Rupee rises 21 paise against dollar in early trade

The rupee opened strong at 69.26 at the interbank forex market then gained further ground and touched 69.09.

10 April 2019 10:03 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 8 paise against US dollar in early trade

A higher opening in domestic equities helped in restricting the slide in the Indian unit to some extent.

9 April 2019 10:20 AM IST

Currency experts have a bullish outlook for the rupee this week.

Rupee slips 37 paise against dollar in early trade

Rupee is trading at 69.60 against dollar owing to increased demand for the greenback from importers and banks.

8 April 2019 9:48 AM IST

Instead, gold was replaced by the dollar standard, with the proviso that dollars could be exchanged for gold.

Forex reserves soar over USD 5 bn to reach USD 412 bn

In the previous week, the reserves had increased by USD 1.029 billion to USD 406.667 billion.

5 April 2019 8:34 PM IST

The rupee pared initial gains to fall 7 paise to 71.82 against the US currency in late morning deals on Thursday on bouts of dollar demand from banks and importers. (Photo: DC)

Rupee rises by 12 paise against dollar in early trade

Foreign fund outflows weighed on the domestic currency and restricted the upmove.

5 April 2019 9:44 AM IST

On Tuesday, the Indian rupee closed the session on a flat note at 69.83 a dollar.

Politics and policy easing to hurt Indian rupee: report

The rupee was the worst performing Asian currency last year.

4 April 2019 10:16 AM IST

With the rupee resuming its fall after a brief period of consolidation, forex participants are not ruling out of the possibility of the rupee weakening further to breach the 70 level mark. (Photo: AP)

Rupee slips 25 paise against in early trade ahead of RBI policy...

Rupee is trading at 68.66 against dollar ahead of the Reserve Bank of India's policy decision and foreign fund outflows.

4 April 2019 9:59 AM IST

Currency experts have a bullish outlook for the rupee this week.

Rupee rises 9 paise against US dollar in early trade

The rupee opened at 68.72 at the interbank forex market, then gained further ground and touched a high of 68.56.

3 April 2019 9:54 AM IST