The Indian rupee eased on Tuesday as some foreign banks bought the dollar cheaper locally to sell at a higher rate in the offshore non-deliverable forwards market and take advantage of the price differential. The partially convertible rupee ended at 46.89/90 per dollar, about 0.2 per cent weaker than Monday’s close of 46.78/79.
It moved in [...]

The Indian rupee failed to sustain early gains to a one-week peak on Friday as concerns over the euro zone debt crisis continued to weigh on investor sentiment, but gains in local shares averted a sharp slide.
The partially convertible rupee closed at 46.84/85 per dollar, off its high of 46.68, its strongest since June 4 [...]

The Indian rupee weakened on Monday, giving up all its intraday gains, as worries over the euro zone’s financial problems bolstered the dollar and triggered a fresh wave of demand from importers, mainly refiners.
The partially convertible rupee ended at 46.98/99 per dollar, after rising as high as 46.5950, but weaker than its 46.95/96 close in [...]

The Indian rupee gave up intraday gains to ease on Friday afternoon, as the euro stayed near a 14-month trough against the dollar and a fall in local share prices underpinned sentiment. The partially convertible rupee was at 45.23/24 per dollar, off an intraday peak of 45.04 and weaker than Thursday’s close of 45.08/09. It [...]

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The Indian rupee extended early gains in afternoon trade on Monday amid weak dollar overseas and a positive local sharemarket. At 2.30 p.m., the partially convertible rupee was at 44.88/89, after touching day’s high of 44.82 rupees a dollar.
The Indian unit had closed at 45.48/49 on Friday. The currency last week recorded its worst [...]

The Indian rupee continued to trade largely steady in afternoon trade on Thursday as modest gains in domestic shares and other regional peers helped, but month-end dollar demand from refiners capped the upside.
the partially convertible rupee was at 44.58/59 per dollar, stronger than 44.64/65 at close on Wednesday, when it had hit an intra-day low [...]

The Indian rupee extended its drop on Wednesday afternoon to over three week lows in line with domestic shares, while the dollar’s gains against the euro also added to the pressure. The partially convertible rupee is at 44.68/69 per dollar, off a low of 44.7650, its lowest since April 5 and weaker than 44.4350/4450 at [...]

The Indian rupee has risen too sharply in real terms over the last 15 months on surging capital inflows, an influential official who served on the country’s capital account convertibility panel said, calling on the central bank to intervene.
A.V. Rajwade, an independent forex strategist and former adviser to the central bank, said there has been [...]

The Indian rupee recovered from the day’s lows on Friday afternoon as the dollar trimmed its gains against major currencies while domestic shares stayed positive, helping sentiment for the local unit.
The partially convertible rupee was at 44.50/51 per dollar, off an early low of 44.65 and slightly stronger than its close of 44.54/55 on Thursday.
The [...]

The Indian rupee strengthened marginally in choppy trade on Thursday as a rise in local share prices and expected inflows from equity sales offset the dollar’s rise against the euro in overseas markets.
The partially convertible rupee ended at 44.54/55 per dollar, a shade higher than Wednesday’s close of 44.56/57. It moved in a range of [...]