Browsing Tag

Dollar

India remains Top Recipient of Remittances

India has topped the global list of remittances with $71 billion in 2013. The data has been published by the World Bank, which put China at No. 2 spot with $60 billion in remittances, followed by the Philippines ($26 billion), Mexico ($22…

Rupee hits 57.32 against US Dollar

The rupee hit 57.32 marks on Thursday. This level is very close to rupee's all time low of 57.32 it had hit 11 months back. As per the traders, increased demand for the American currency from importers and a weak opening in the domestic…