Indian Rupee falls 4 paise against USD
Mumbai: The rupee on Monday declined four paise to close at 83.16 against the USD on rising demand for the US dollar by bankers and importers amid a rebounding equity market, dealers at the Foreign Exchange said.
Indian Rupee improves 3 paise against USD
Mumbai: The Indian Rupee on Wednesday rose marginally by three paise to close at 82.85 on the selling of US Dollar by bankers and exporters amid a rebounding equity market, dealers at the Foreign Exchange said.
Brazil, South Africa next in India's bilateral currency settlement plan
After agreements with United Arab Emirates (UAE) and Indonesia, India is considering the possibility of establishing bilateral agreements with important partners in Latin America and Africa to bolster trade using local currencies, thereby contributing to the broader goal of internationalizing the Indian rupee, Moneycontrol reported.
Indian Rupee falls 10 paise against USD
Mumbai: The Indian Rupee on Tuesday drifted lower by 10 paise to close at 82.85 against the USD on brisk demand for US Dollar by bankers and importers amid sliding equity market, dealers at the Foreign Exchange said.
Indian Rupee down 32 paise against USD
Mumbai: The Indian Rupee on Wednesday plummeted 32 paise to close negative at 82.59 against the USD on rising demand for US Dollar by bankers and importers along with sliding equity market, dealers at the Foreign Exchange said.
Indian Rupee ends steady at 82.26 against USD
Mumbai: The Rupee on Tuesday ended flat at 82.26 against the USD on selling of US Dollar by bankers and exporters along with negative equity market, dealers at the Foreign Exchange said.
Indian Rupee falls 4 paise against USD
Mumbai: The Indian Rupee on Tuesday slipped four paise to close at 81.87on rising demand for US Dollar by bankers and importers amid negative equity market, dealers at the Foreign Exchange said.
RBI allows International Banking Units in Gujrat's GIFT City to settle NDDCs in INR
Mumbai: The Reserve Bank on Tuesday allowed international banking units (IBUs) located in GIFT City, Gujarat, to settle non-deliverable foreign exchange derivative contracts (NDDCs) using the Indian rupee.
Indian Rupee falls 8 paise to 82.74 against USD
Mumbai: The Rupee on Wednesday slipped eight paise to close at 82.74 on rising demand for US Dollar by bankers and importers, dealers at the Foreign Exchange said.
India and Bangladesh agree on trade transactions in own currencies
Dhaka/IBNS: To ease cross-country transactions and pressure on dollar holdings, India and Bangladesh have agreed to settle a part of bilateral trade transactions in their own currencies- rupee and taka respectively, according to a Bangladesh media report.
Indian Rupee moves up by 7 paise against USD
Mumbai: The Rupee on Friday gained seven paise to close at 81.52 on selling of US Dollar by bankers and importers, dealers at the Foreign Exchange said.
Indian Rupee moves down 33 paise against USD
Mumbai: The Rupee on Tuesday tumbled down 33 paise to close at 81.72 on rising demand for US Dollar by bankers and exporters, dealers at the Foreign Exchange said.
Indian Rupee falls 15 paise against USD
Mumbai: The Rupee on Tuesday slipped 15 paise to close at 81.76 against the US Dollar. The slide is likely due to rising demand for US Dollar by bankers and exporters, dealers at the Foreign Exchange said.
Indian Rupee falls 5 paise against USD
Mumbai: The Rupee on Tuesday fell five paise to close at 82.72 on rising demand for US Dollar by bankers and importers, dealers at the Foreign Exchange said.
Indian Rupee improves 9 paise against USD
Mumbai: The Rupee on Friday gained nine paise to close positive at 82.67 on selling of US Dollar by bankers and exporters, dealers at the Foreign Exchange said.