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Indian Rupee

Rajan Effect: Rupee Rises, Sensex on High

A day after Raghuram Rajan took over as the new RBI Governor, the market welcomed with great enthusiasm. The BSE Sensex soared 550 points in the opening trade. The Indian Rupee, which has been at the receiving end, rose to 65.54 against the…

Indian Rupee drops to 61.80 vs US Dollar

The Indian Rupee recorded its biggest fall to slump to a new low of 61.80 against the USD at around 2 PM. But, later, it made some recovery to 60.77 after the RBI intervention. The Rupee has plunged over 1.6 per cent so far in August.…

Indian Rupee hits 61 against US Dollar

The Indian Rupee has breached the 61-mark against the USD and was hovering at 61.10 during the initial trading. On Friday, it had closed at 60.23 against the US Dollar. The previous lowest of Rupee came on June 26, when it hit the mark…

Rupee hits Record Low of 58 vs US Dollar

The Indian Rupee slipped further to touch a record low of 58 against the US Dollar today. The fall of 1.6 per cent has been attributed to heavy dollar demand. It was also the biggest fall or Rupee in a single day since 22nd September 2011.…
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