Indian Rupee

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.…

Petrol price was hiked by 75 paise per litre and diesel by 50 paise after Indian rupee fell to 11-month low yesterday. The oil imports were costlier after the increased demand for US dollar dominated the market. However, the oil…

TNI Bureau: The rupee today gained 33 paise to nearly six-month high of 51.41 against the dollar in early trade on strong capital inflows and a firming trend in the equity market after the government unleashed second wave of reforms…

TNI Bureau: There is more good news for the Indian market. The Indian Rupee breached the 52-leve to reach 51.93 against the US Dollar - highest in the last 5 1/2 months. The BSE Sensex also breached the 19,000 mark - first time since July…

TNI Bureau: After four-day gains, Indian rupee fell to 54.62 against US dollar on Wednesday disappointing the investors. The continuous fall of the local currency is not a good sign for the developing country. At 9:50, the rupee was…

TNI Bureau: Indian rupee hit a record low of 57.26 against the US dollar on Friday afternoon indicating the rising demand for US currency in global trade. The continuous decline of Indian currency in past few months is not a good sign for…

TNI Bureau: Global oil prices fell to eight-month low on Friday just above $100 a barrel. However, the decline in Indian domestic currency increased a little as it gained 55.89/90 against US dollar. The sharp fall in global oil prices…

TNI Bureau: The Indian Rupee fell again despite the efforts made by the RBI to revive its fortunes. The Rupee closed at a new low of 56.24 against the US Dollar today. While the UD Dollar continues to surge against all foreign…