Currency Update

Govt is ready to take step to curb rupee volatility: Rajan   

20 Jun 2013, 12.44 pm  |  Source: PTI

The government is not short of options to tackle the fall of the rupee and will take actions as necessary, Raghuram Rajan told reporters shortly after...

FOMC decision led to selloff in Indian bonds: Mohan Shenoi   

20 Jun 2013, 12.31 pm  |  Source: CNBC-TV18

The 10-year bond yield today rose 10 basis points to 7.36%, triggering a halt in trading....

Rupee regains after hitting 60/$; still lower by 83 paise  

20 Jun 2013, 12.27 pm  |  Source: PTI

The rupee trimmed its early losses but was still quoted lower by 83 paise to 59.53 per dollar after hitting 60-level on strong demand for the American...

RBI likely sold dollars post rupee hits record low: Dealers  

20 Jun 2013, 11.44 am  |  Source: Reuters

The rupee was at 59.63/64 to the dollar at 10.40 a.m., after earlier falling to a record low of 59.9350. The currency closed at 58.71/72 on Wednesday....

FM holds meeting with officials over rupee fall  

20 Jun 2013, 11.02 am  |  Source: Reuters

Chidambaram to take a call on further action to improve the economy...

Raghuram Rajan to brief press on rupee fall  

20 Jun 2013, 10.53 am  |  Source: Reuters

The rupee fell to a record low of 59.9350 to the dollar....

FIMMDA seeks RBI nod to relax trading band for day: Sources  

20 Jun 2013, 10.21 am  |  Source: Reuters

The request from the Fixed Income Money Market and Derivatives Association of India comes after dealers had told Reuters trading in the central bank's...

Rupee slumps to record low of 59.93/$  

20 Jun 2013, 10.12 am  |  Source: Reuters

The rupee slumped to a record low on Thursday, while stocks and bonds were hit, after the Federal Reserve signalled a tapering of its monetary stimulu...

Indian rupee hits new all-time low of 59.83/USD  

20 Jun 2013, 9.08 am  |  Source: Moneycontrol.com

The Indian rupee opened today at a new all time low. It has opened at 59.60 per dollar versus 58.70 Wednesday. "The rupee is likely to remain weak tod...

Rupee likely to open at 59.50/$ today   

20 Jun 2013, 8.41 am  |  Source: CNBC-TV18

CNBC-TV18 learns that the Reserve Bank of India’s officials have spoken with some of the big banks, asking them to refrain from going overboard on d...

Indian bond market likely to be volatile today: Bagla  

20 Jun 2013, 8.39 am  |  Source: CNBC-TV18

The range for the 10-year yield is seen between 7.25-7.30 percent, says Sandeep Bagla, ICICI Securities Primary Dealership....

Rupee likely to remain weak today: Mohan Shenoi  

20 Jun 2013, 8.38 am  |  Source: CNBC-TV18

The rupee is likely to remain weak today on the back of weak FII flows and the odds of breaching 59/USD have increased significantly, says Mohan Sheno...

Forex - AUD/USD falls as end of stimulus seen near  

20 Jun 2013, 7.21 am  |  Source: Investing.com

Forex - AUD/USD falls as end of stimulus seen near...

Forex - Dollar mostly higher as Fed sees easing end in 2014  

20 Jun 2013, 6.39 am  |  Source: Investing.com

Forex - Dollar mostly higher as Fed sees easing end in 2014...

Forex - USD/JPY gains as Bernanke says easing could taper this year  

20 Jun 2013, 12.36 am  |  Source: Investing.com

Forex - USD/JPY gains as Bernanke says easing could taper this year...

Forex - EUR/USD drops as Fed says downside risks to economy are waning  

19 Jun 2013, 11.52 pm  |  Source: Investing.com

Forex - EUR/USD drops as Fed says downside risks to economy are waning...

Weak rupee makes Indian investors cash in on offshore funds   

19 Jun 2013, 10.54 pm  |  Source: CNBC-TV18

Indian retail investors and HNIs have been capitalising on the double digit gains offered by offshore US funds owing to the bullish run on the Wall St...

Rupee gains ahead of Fed; still near record low  

19 Jun 2013, 6.36 pm  |  Source: Reuters

Foreign fund selling in Indian equities have picked up pace to add to the huge sell-off in debt markets....

Rupee can cross 59 if Fed upsets, June CAD to shrink: Axis   

19 Jun 2013, 5.25 pm  |  Source: CNBC-TV18

Ashok Gautam of Axis Bank says that the rupee is not likely to breach 59/ USD on the topside, for now....

Dollar steady as markets look to Fed for direction  

19 Jun 2013, 3.48 pm  |  Source: Investing.com

Dollar steady as markets look to Fed for direction...

See more pain for rupee; 59/$ key on upside: StanChart   

19 Jun 2013, 3.30 pm  |  Source: CNBC-TV18

The Reserve Bank of India intervened in the currency market today by supplying dollars to meet FII demand and curb rupee's fall, says Agam Gupta of St...

Rupee depreciation: Who wins, who loses?  

19 Jun 2013, 2.32 pm  |  Source: Moneycontrol.com

Kripananda Chidambaram of Fintotal Insights and Resources very simply explains the noise revolving around the depreciating rupee and how does it impac...

Forex - NZD/USD edges higher, Fed in focus  

19 Jun 2013, 12.34 pm  |  Source: Investing.com

Forex - NZD/USD edges higher, Fed in focus...

DBS Bank remains bearish on rupee, sees support at 59/$    

19 Jun 2013, 11.44 am  |  Source: CNBC-TV18

The rupee is likely to strengthen by at least 60-80 paise from the current level if Fed hints at continuing the stimulus, says Arvind Narayanan, Head ...

Rupee approaches record low ahead of Fed meeting  

19 Jun 2013, 9.33 am  |  Source: Reuters

The rupee was trading at 58.70/72 per dollar at 9.06 am after opening at 58.82....

Rupee opens flat at 58.81 per dollar in early trade  

19 Jun 2013, 9.07 am  |  Source: Moneycontrol.com

Indian rupee opened flat at 58.81 per dollar against 58.77 on Tuesday. "The rupee may remain under pressure on global currency movements ahead of the ...

Fed meet expectations hitting rupee; 60/USD seen: Axis Bank   

19 Jun 2013, 8.57 am  |  Source: CNBC-TV18

Market expectations from Federal Reserve’s meeting, which ends tonight is also one key reason for rupee's slide...

10-year yield seen between 7.20-7.30%: Ramanathan K  

19 Jun 2013, 8.45 am  |  Source: CNBC-TV18

Any negative surprises in terms of early or a sudden reduction in QE could result in lower capital flows and exert pressure on both the rupee and the ...

Rupee may remain under pressure: Himanshu Arora  

19 Jun 2013, 8.44 am  |  Source: CNBC-TV18

The range for the rupee is seen between 58.58-59.15/USD, says Himanshu Arora, Currency Analyst, Religare....

Forex - USD/JPY trades higher ahead of Fed news  

19 Jun 2013, 7.33 am  |  Source: Investing.com

Forex - USD/JPY trades higher ahead of Fed news...