Rs may hit 70+ levels to the $

RBI is unlikely to stem the slide against the dollar as the greenback is rising rapidly against all currencies in the world.Anup Roy/Business Standard reports from Mumbai.Illustration: Uttam......

Rupee should weaken, but may not help exports: Experts

Going by the real effective exchange rate, the rupee is overvalued Amid the debate about whether the rupee should be depreciated sharply to benefit exporters, currency market participants are not......

Rupee falls as GDP growth drags, risk bets off on Ukraine

The Indian rupee fell the most in nearly two weeks on Monday after data showed India's economy grew slower than expected and as military tensions in Ukraine hit emerging market assets, sending......

RBI's 'intervention' caution calms rupee

The Reserve Bank of India Governor Duvvuri Subbarao's caution that the central bank will intervene if foreign inflows are 'lumpy and volatile' has calmed the rupee a bit. The local currency on......