Rupee down by 44 paise vs dollar in early trade
The Indian rupee was down by 44 paise at Rs 51.78 per US dollar in early trade on Monday due to the pull-out of foreign capital from the equity market amid persistent dollar demand from banks and impo
Rupee down 37 paise at fresh 30-month low against dollar
The Indian rupee was down by 37 paise at a fresh 30-month low of Rs 50.17 per US dollar in early trade on Friday on sustained dollar demand from importers and some banks amid firmness of the American
Rupee hits 50/dlr for first time in over 28 months
The Indian rupee tumbled by 34 paise to an almost 28-month low of Rs 49.82 per US dollar in early trade on the Interbank Foreign Exchange today as the American currency firmed up against other major r
Aussie dollar dips below US dollar parity
The commodities-linked Australian dollar on Thursday slumped below parity with the greenback for only the third time since October due to disappointment at the US Fed’s new plan to support its economy.
Rupee drops to fresh 2-year low of 48.25 vs dollar
The Indian rupee was down by 44 paise at a fresh two-year low of Rs 48.25 per US dollar in early trade today on persistent demand for the American currency from banks and importers on the back of dollar firmness in overseas market.
US Senate approves bill to avert debt default
The US Senate on Tuesday approved legislation to avert a disastrous debt default and cut trillions in government spending, sending the contentious bill to President Barack Obama to sign into law.
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Weak US growth could swamp $1tn deal on cuts
Weak economic growth could swamp the first $917 billion of cuts included in the political deal struck to raise the US debt ceiling. Friday's anaemic GDP report casts doubt on the pact's deficit reduct
Britain, Japan warn of disaster if no US debt deal
British and Japanese officials warned on Sunday of disastrous consequences for the global economy if last-minute talks among lawmakers in Washington failed to agree on raising the US borrowing limit a
Rupee down by 12 paise vs dollar
The Indian rupee was down by 12 paise at Rs 44.20 per US dollar in early trade today on fresh dollar demand from banks and importers in view of the recovery of the dollar in overseas markets.
Rupee gains 20 paise against US dollar in early trade
The Indian rupee appreciated by 20 paise to Rs 43.98 per dollar in early trade on the Interbank foreign exchange on Wednesday on the back of the dollar weakness against the euro and other Asian currencies and a higher opening in the stock market.