MUMBAI: Rupee climbed to a two-week high on Tuesday, driven by dollar inflows, gains in local stocks and improved appetite for risk after the euro zone reached a deal to rescue debt-laden Greece. At 9:50 a.m. (0420 GMT), the rupee was at 49.09/10 to the dollar, after touching 49.05, a level last seen on Feb. [...]

KARACHI –In the currency market, the rupee ended weaker at 90.77/83 to the dollar, compared with Thursday’s close of 90.68/73 because of higher import payments especially of oil as global oil prices were trading near $ 120 a barrel.The rupee touched a record low of 91.28 to the dollar on Jan. 9, pressured by worries [...]

Posted: Fri, Feb 17 2012. 11:11 AM IST Rupee crawls higher on capital inflows At 10:46am, the rupee was 49.21/22 to the dollar, compared with the previous close of 49.29/30 Mumbai: The rupee nudged higher on Friday as the prospect for capital inflows got a boost from stronger US economic data and indications for a [...]

The author has posted comments on this articlePTI | Feb 15, 2012, 10.29AM IST MUMBAI: The rupee gained 8 paise to trade at Rs 49.28 per dollar on the Interbank Foreign Exchange market in early trade on Wednesday amid firm stock markets. Dealers said continued foreign capital inflows in the Indian market and selling of [...]

The author has posted comments on this articlePTI | Feb 14, 2012, 12.02PM IST MUMBAI: The rupee dropped by 23 paise to 49.42 against the US currency in late morning trade on fresh dollar demand from importers. The rupee resumed lower at 49.35/36 per dollar at the Interbank Foreign Exchange ( Forex) market as against [...]

MUMBAI: Rupee advanced by 11 paise to 49.31/32 against the US currency at 1030hrs in view of selling of dollars by banks and exporters on the back of persistent capital inflows from foreign funds. The rupee resumed lower at 49.45/46 per dollar at the Interbank Foreign Exchange (Forex) market as against the last weekend’s level [...]

Dollar outperforms rupee KARACHI: The dollar gained strength against the rupee in the interbank market, dealers said Saturday. It commenced the week’s trading at Rs 90.37 for buying, gained 29 paisas and closed at Rs 90.66 for buying and Rs 90.71 for selling. The euro witnessed strength against the local currency as it began the [...]

MUMBAI: The Indian rupee fell on Thursday, weighed by dollar purchases by some state-owned banks, negative local equities and caution over prolonged Greek bailout discussions. At 10:25 a.m. (0455 GMT), the rupee was at 49.36/37 to the dollar, weaker than Wednesday’s close of 49.15/16. “There seems to be no conviction to drag rupee much lower [...]

The Indian rupee crawled higher in choppy trade on Tuesday as dollar inflows partially offset volatile local stock market and subdued risk appetite due to impasse over bailout Greece. The government’s advance estimate of growth for the fiscal year ending March due around 0530 GMT will be crucial for clues on interest rates and any [...]

The author has posted comments on this articlePTI | Feb 6, 2012, 10.27AM IST MUMBAI: The rupee moved up by 9 paise to trade at 48.60 against the dollar on the Interbank Foreign Exchange market in early trade today on increased foreign fund inflows. Dealers said increased foreign funds inflows and euro’s gains against the [...]

MUMBAI/BANGALORE: The rupee posted its fifth straight weekly gain on Friday, aided by a gush of foreign funds as investors bet on a monetary easing to boost growth in Asia’s third-largest economy. Foreign funds have bought $ 2.6 billion of Indian shares and $ 3.2 billion of debt so far this years, data from the [...]

The author has posted comments on this articlePTI | Feb 3, 2012, 10.52AM IST MUMBAI: The rupee rose marginally by 6 paise to trade at a fresh three-month high of Rs 49.09 per a dollar on the Interbank Foreign Exchange market in early trade on Friday. Dealers said continued foreign capital inflows in the Indian [...]