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Rupee depreciates 26 paise against US dollar in early trade

At the interbank forex exchange, the rupee opened lower at 71.38 and weakened further to quote 26 paise down at Rs 71.45 against the dollar.

India worried about rupee drop, mulls tapping citizens overseas

The finance ministry and the Reserve Bank of India are in touch and the central bank is intervening in the currency market when needed, the government official told reporters in New Delhi on Monday, asking not to be identified citing rules.


Rupee breaches 64-level

On Monday, the rupee hit a high of 63.85 to the dollar in intra-day trade. Forex dealers indicated that the currency found a resistance at 63.85 level even as nationalised banks came into the picture. The RBI is believed to have used the rupee appreciation phase to shore up its forex reserves which now stand at $393.40 billion.

Regime change no pointer to growth

Irrespective of who is in power at the Centre, the trend has, by and large, been the same during all of the years since 1991.

Rupee hits 8-month high, ends above 60-mark/dollar

Strong foreign buying of equities & debt boosted domestic currency.

Rupee drops 12 paise against dollar in late morning trade

The rupee resumed lower at 61.96 per dollar as against the last weekend's level of 61.93 per dollar.


Indian rupee continues to rule firm,quotes at 61.86 vs US dollar

Indian rupee had gained 9 paise to close at one-week high of 61.95 against the US dollar.

Indian rupee up 15 paise vs US dollar

The Indian rupee had gained 28 paise to close at 61.13 yesterday,boosted by stocks that climbed to a record high after Bharatiya Janata Party won three out of four state assembly elections.

Asian Development Bank,others mulling Indian rupee bond sales overseas: Arvind Mayaram

India has been preparing to lobby major partners to accept Indian rupee payments for exports.

Indian rupee trims initial losses vs dollar,still down by 21 paise

Dealers attributed the Indian rupee fall to dollar gains against other currencies overseas.