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Rupee declines 34 paise against dollar! 18 March 2013
On Monday, the rupee lost 34 paise to Rs. 54.35 in early trade at the Interbank Foreign Exchange, due to increased dollar demand from importers and appreciation of the U.S. currency overseas. According to the Forex dealers, a weak opening...
Keywords: Forex markets, Dollar, NSE, American currency
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Rupee gains 14 paise! 13 March 2013
On Wednesday, the rupee gained 14 paise to 54.04 against the dollar in early trade at the Interbank Foreign Exchange on sustained selling of the US currency by exporters and banks. According to forex dealers, strengthening of euro against the...
Keywords: Interbank Foreign Exchange, rupee, Interbank Foreign Exchange, Interbank Foreign Exchange
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Rupee value appreciates against USD 09 April 2013
Rupee is having one of its merry times despite a slow growth after it rose for the third day consecutively. On Tuesday, the early trade has recorded another slight peak in rupee value taking it up 13 paise to Rs...
Keywords: rupee, equity market, forex, Interbank Foreign Exchange
Read More Rupee rises against dollar by 10 paise 30 May 2013
After a bad week of poor performance in the Interbank Foreign Exchange Market, the Indian currency managed to get things straight slightly improving over the US Dollar as it finished at 56.07 today in the early morning trade. USD was...
Keywords: foreign exchange, forex trading, rupee gains, forex trading
Read More Rupee falls sixth day in a row 25 May 2013
All the week long the value of rupee was depreciating, sometimes with sharp falls while at others it managed to restrict the steeper ones but still descending. The rupee today ended 4 paise lower at fresh six-month low of 55.63...
Keywords: forex trade, foreign exchange, forex trade, forex rates
Read More Rupee and Sensex gain in late morning trade 15 May 2013
On Wednesday in the late morning trade, Rupee had significant growth rising by 12 paisa to end at 54.69 against the green currency, USD. Analysts attributed the rise to the large sale of the US currency overseas by exporters and...
Keywords: foreign funds, usd vs inr, business news, bse
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Rupee declines 16 paise against dollar! 04 March 2013
On Monday, the rupee declined by 16 paise to trade at nearly two-month low of 55.05 against the dollar in early trade at the Interbank Foreign Exchange market due to increased demand for the US currency from oil importers. According...
Keywords: opening trade, Forex dealers, rupee declined, US dollar
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Rupee elevates by 25 paise! 06 March 2013
On Wednesday, the rupee rose by 27 paise to 54.67 against the dollar at the Interbank Foreign Exchange market on selling of the U.S. currency by exporters and banks. According to Forex dealers a higher opening in the domestic equity...
Keywords: exporters, rupee, dollar, Rupee-dollar trade
Read More Rupee trims down losses to minimum 27 May 2013
Rupee managed to cut down on the losses initially to a great extent but the prices are still trading lower against the USA greens today early on in the trade as the recovery was being bolstered by bearish trades overseas...
Keywords: forex market, american currency, interbank, rupee vs usd
Read More Rupee falls to six month low 23 May 2013
The rupee experienced a sharp fall of 37 paise to trade at a fresh six-month low of 55.83 in early trade at the Interbank Foreign Exchange market on sustained dollar demand and strengthening of the US currency overseas. The sharp...
Keywords: us currnecy, rupee, foreign exchange, sensex
Read More Next Parthasarathy? 22 May 2013
Secondary Education Minister Parthasaradhi met Chief Minister Kiran Kumar Reddy yesterday. The latest meetings of Ministers facing charges are resulting in their submitting resignations as in the case of Dharmana Prasada Rao and Sabita Indra Reddy. Although the meeting...
Keywords: charge sheets from CBI, Chief Minister Kiran Kumar Reddy, violation of Foreign Exchange Regulation Act (FERA), submitting resignations
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ED slaps notice to BCCI 16 February 2015
The Enforcement Directorate [ED] has slapped Board of Control for Cricket in India [BCCI], Indian Premier League [IPL] with show cause notice for allegedly violating Forex laws. ED has served notice accusing BCCI of manipulating the contract of distribution rights...
Keywords: Indian Premier League, Enforcement Directorate, World Sports Group, Multi Screen Media
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Nifty, Sensex and Rupee gain marginally 02 May 2013
The rupee has been gaining over the dollar since three days and today the rate closed in at Rs 53.67 against the green currency, USD, after it rose 13 paise. Yesterday, the Indian currency gained over 45 paise to go...
Keywords: Bse, forex, Sensex, forex
Read More Rupee and Sensex rise in early trade 06 May 2013
On Monday, the native currency rupee has gained over the US Dollar in the early trade to end at Rs 53.80. The slight gain of 14 paise in the currency has been attributed to the heavy sale of the green...
Keywords: nifty, national stock exchange, sensex, national stock exchange
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Rupee elevates 11 paise! 05 March 2013
On Tuesday, the rupee elevated by 11 paise to 54.75 against the dollar in early trade at the Interbank Foreign Exchange (Forex) market on selling of the U.S. currency by exporters. Moreover, forex dealers said that a strong opening in...
Keywords: early trade, early trade, Sensex, Interbank Foreign Exchange
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Sensex down, Rupee falls against USD 04 April 2013
Rupee was down by 16 paise today in early trade vying against the US Dollar on the Interbank Foreign Exchange. Continued capital outflows increased and importers of the US currency had witnessed excess demand causing the fall in the value...
Keywords: interbank exchange, interbank exchange, foreign exchange, interbank exchange
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Government fast tracks Black money probe 30 April 2015
In a major action against black money hoarders and money launderers, the Enforcement Directorate (ED) has attached assets to the tune of Rs 9,003 crore and filed 173 charge sheets in the financial year 2014-15. As part of its efforts...
Keywords: Foreign Exchange Regulation Act, Prevention of Money Laundering Act, Foreign Exchange Regulation Act, Prevention of Money Laundering Act
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Rupee falls 21 paise against USD 23 April 2013
Early in the morning trade, the rupee value depreciated against the dollar by losing 21 paise and bringing down the final figure to Rs 54.35. Interbank Foreign Exchange has also measured the American currency growing stronger over the Euro in...
Keywords: us dollar, Foreign Exchange, bse, sensex
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Rupee declines 17 paise! 26 March 2013
On Tuesday, the rupee weakened by 17 paise to 54.34 against the US dollar on the Interbank Foreign Exchange market in early trade, due to month-end demand for the American currency from importers. According to the Traders, apart from month-end...
Keywords: early trade, Bombay Stock Exchange, sensex, NSE
Read More Rupee elevates 26 paise against the dollar in early trade... 19 March 2013
On Tuesday, the rupee gained 26 paise to 53.91 against the dollar in early trade at the Interbank Foreign Exchange on fresh selling of the US currency by exporters ahead of the Reserve Bank policy review. According to the Forex...
Keywords: domestic equity market, forex market, inter-bank foreign exchange, domestic equity market
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