In the immediate term, the rupee could trade in the range of 74.60-75.10 a dollar. Illustration: Dominic Xavier/Rediff.com The sudden movement of the rupee — post the monetary policy —......
While the bond market is relatively conservative about their interest rate expectations, the currency market seems to be projecting that interest rates should be much sharper. Illustration: Dominic......
The rupee posted its biggest single-day fall in six-and-half months on Wednesday as heavy dollar outflows from the domestic share and debt markets continued as foreign investors pared their......
The rupee ended slightly weaker on Tuesday, recovering from a nearly two-week low hit earlier, as oil importers stepped up dollar purchases ahead of the end of the month, while overall sentiment......
The Indian rupee snapped its four-day rising streak on Thursday as month-end dollar demand from importers, particularly oil firms, hurt while concerns about central bank intervention also prompted......