rupee

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…

After a surprising decision by the US Federal Reserve, which decided to continue buying bonds at the current rate of USD 85 billion a month for now instead of announcing a $10-15 billion reduction to its asset purchase programme, the Indian…

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…

TNI Bureau: Despite the Reserve Bank of India's attempt to curb rupee's slide, the domestic currency fell to 57.01 against the US dollar following the announcement of the measures on Monday. Earlier on Monday, the local currency rose by…

TNI Bureau: Indian Rupee crossed 56 mark against US dollar on Monday after the Reserve Bank of India kept its Repo rate and CRR unchanged at its mid-quarter monetary policy review. The policy affected the rupee falling it to a day low…