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There are allegation that from November 15 to November 18, the bank manager had issued 149 demand drafts for amounts less than Rs 50,000 in favour of a Pune-based finance company in violation of RBI guidelines.

RBI net dollar purchase in July at $2.9 billion

RBI intervenes in the foreign exchange market to contain volatility in the rupee market.

11 Sept 2017 7:53 PM IST

Higher opening in domestic stock market limited rupee losses. (Photo: PTI).

Rupee continued its aggressive surge for 3rd straight week

For a third weekly rally the rupee has appreciated by a whopping 37 paise.

9 Sept 2017 4:50 PM IST

Higher opening in domestic stock market limited rupee losses. (Photo: PTI).

Rupee appreciates 7 paise against dollar to 64.03

Dollar's slide against some currencies overseas supported rupee.

7 Sept 2017 10:46 AM IST

According to IFA Global, a forex and treasury solution firm, the Indian rupee is the third best performing Asian currencies this year, up 4.63 per cent in the March quarter, its best quarterly gains since September 2012.

Rupee down 12 paise against dollar in early trade

Demand for American currency from importers and banks and losses in domestic equity markets weighed on rupee.

6 Sept 2017 9:55 AM IST

Higher opening in domestic stock market limited rupee losses. (Photo: PTI).

Rupee down 13 paise against US dollar in early trade

Rupee is trading at 64.18 against the dollar at the interbank forex market.

5 Sept 2017 9:50 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 falls 38 paise to 74.06 against the US dollar in early trade

A stable crude oil prices, however, restricted the rupee fall to some extent, forex traders said.

31 Oct 2018 10:17 AM IST

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

Rupee skids 23 paise to 73.68 against US dollar

Rupee came under pressure following heavy selling in domestic equities and a spurt in dollar demand from importers.

30 Oct 2018 6:24 PM IST

The ongoing quarterly results season, macroeconomic data announcements and movement of the rupee will determine the stock market trend this week, say experts.

Rupee falls 16 paise against US dollar in early trade

A lower opening in the domestic equity markets also weighed on the local unit.

30 Oct 2018 10:07 AM IST

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

Rupee gains 14 paise against US dollar in early trade

Weakness in the dollar against a few currencies overseas and easing crude prices gave some support to the local unit.

29 Oct 2018 10:16 AM IST

Positive start for domestic stock markets lent support to rupee. (Photo: PTI)

Rupee falls 17 paise to 73.44 against US dollar

A lower opening in the domestic equity markets also weighed on the local unit.

26 Oct 2018 10:01 AM IST

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

Rupee may trade at 69.79 in H2 if RBI mops up USD 30 bn from NRIs

The rupee is the worst-performing emerging market currency losing over 15 per cent year-to-date.

25 Oct 2018 3:40 PM 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 falls 19 paise against US dollar in early trade

A lower opening of domestic equity market weighed on the local unit.

25 Oct 2018 10:06 AM IST