Indian rupee

Indian rupee News

Rupee skids for 4th day; settles 6 paise down at 69.04 vs USD

Other major global cues that are going to dictate the trend in the currency market include the US second quarter preliminary GDP print on Friday and the Federal Open Market Committee (FOMC) meeting on July 31, traders said.

Strong rupee, lower GDP likely to tame inflation in India: Asian Development Bank

India will be the main driver to lower the inflation for the South Asian region, ADB said in a supplement to Asian Development Outlook (ADO) 2019.


Rupee spurts 25 paise to 68.33 vs USD on Fed boost

The rupee had declined by 7 paise to close at 68.58 against the US dollar Wednesday, pressured by persistent foreign fund outflows and firming crude oil prices.

Explained: Why you can now spend INR at Dubai Duty Free

A major transit destination for flights running between India and the Americas, Europe, and Africa, Dubai saw over 12.2 million passengers from India passing through its airports last year.

For every rupee in government's kitty, 68 paise come from taxes

The government intends to earn 9 paise from non-tax revenue like disinvestment, 8 paise from Union excise duty, 4 paise from customs and 3 paise from non-debt capital receipts in the every rupee collection.

Sensex, Nifty start on a cautious note; Rupee opens flat at 69.58 vs USD

Top gainers in the Sensex pack included IndusInd Bank, L&T, Bharti Airtel, Asian Paints, TCS, NTPC, SBI, ITC, HDFC twins, ICICI Bank, and Infosys, rising up to 1.35 percent.


Rupee slips 11 paise to 69.61 vs USD in early trade

Forex traders said, rupee is trading in a narrow range as prospects of an interest rate cut by the US Federal Reserve kept investors edgy.

Rupee firms up by 10 paise to 69.34 against US dollar

Retail inflation spiked to 3.05 per cent in May from 2.99 per cent in April, government data showed. Brent crude futures, the global oil benchmark, fell 2.49 per cent to USD 60.74 per barrel.

Rupee slips 23 paise to 69.85 against US dollar on fund outflows

A strengthening US dollar against major global currencies also affected rupee's trading pattern, forex dealers said.

To end the glut of coins, govt mulls privatisation of distribution, exports

Minutes of meetings of the C&C Division accessed by The Sunday Express reveal that the RBI’s representatives have been giving an alarming picture of the coin glut but have, however, assured that whatever quantity of coins have been indented by them will now be lifted.