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Indias widening current account deficit coupled with normalisation of loose policy in developed nations and soaring crude oil prices may weaken rupee towards Rs 67/$1 in the fiscal years that begun from April 1.

Rupee recovers from life-time low, up 23 paise against US dollar

Yesterday, the rupee had plunged by Rs 1.08, or 1.57 per cent, to a record low of 69.91 against the US currency.

14 Aug 2018 9:57 AM IST

IT stocks gain up to 3 per cent on rupee fall

Led by gains in these stocks, the BSE IT index ended 1.24 per cent higher at 14,865.80.

13 Aug 2018 7:17 PM IST

Banning of letters of undertaking (LoUs) and letters of comfort (LoCs) by the RBI as trade finance instruments is likely to reduce financial flexibility of importers, a Fitch group company said on Wednesday.

Falling rupee will burn a hole in our pockets

There are hopes in some quarters that the Reserve Bank of India would intervene to stop the rupee's slide.

18 Aug 2018 12:36 AM IST

Noting that the rupee remains volatile alongside emerging market assets, the rating agency said a weaker and more volatile rupee would likely result in increased hedging costs for firms.

Telcos may see negative impact

It expects the credit profile of rates infrastructure firms to be largely protected from the current bout of rupee...

17 Aug 2018 12:45 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)

SBI says Rupee still overvalued, no need to panic

The rupee has been the worst among the large emerging market peers, losing over 10 per cent from the beginning of the...

31 Aug 2018 5:06 PM IST

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

Rupee slides further to end at fresh lifetime low of 70.74 to dollar

The British pound held firm after making its biggest gains in seven months the previous day.

30 Aug 2018 6:00 PM IST

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

Rupee rises 10 paise against US dollar

The dollar's weakness against other currencies overseas gave the rupee strength.

28 Aug 2018 10:48 AM IST

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

Rupee to average at 69 per USD this fiscal: report

According to a Bank of Baroda research report, India's twin deficit and inflation are at a "far more comfortable...

27 Aug 2018 12:46 PM IST

Rupee on Monday made a strong comeback from its life-time low of 70.15 against the dollar and ended with a stellar 33 paise gain at 69.82 on heavy dollar unwinding and a robust rally in domestic equities. (Representational image)

'Worst for rupee seems to be over; likely range 67-68 per USD by Dec'

The rupee has suffered significant losses this year.

26 Aug 2018 1:35 PM IST

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

Rupee fall no macro worry, was long overdue, says Panagariya

Rupee depreciation was long overdue, saying appreciated currency had hurt the country's exports.

26 Aug 2018 1:07 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 plunges to yet another record low of 71.10 against US dollar

The rupee's previous record low was 71, marked on August 31.

3 Sept 2018 5:08 PM IST

Mr Gupta said that exports should be out rightly kept out of the purview of GST as paying the tax first and getting refund is cumbersome and is affecting exports.

Rupee depreciation not always leads to export growth: EEPC

EEPC said the country's engineering export growth shrunk to single digit at 9.4 per cent in July.

3 Sept 2018 3:11 PM IST