Rupee expected to weaken more to touch $83.5, may improve in Sep

The Indian rupee, which has depreciated 1.1 per cent so far in August, is expected to decline further on the back of a strengthening US dollar and a weakening Chinese yuan, according to a Business......

Re ends below 57-mark after one year, slides 22 paise

The rupee on Friday closed below the key 57-mark against US dollar for the first time in a year sliding by 22 paise to 57.06, casting a shadow on the economy as imports become costlier, Current......

Re down 53 paise at nearly 2-mth low

The rupee on Friday fell by a whopping 53 paise to close at nearly a two-month low of 54.89 because of heavy dollar demand from oil importers and may breach 56-level in the short term.Forex dealers......

Re posts 2nd biggest fall in 2013

Registering its second biggest fall in 2013, the rupee on Thursday lost a staggering 50 paise to hit a one-week low of 54.36 due to heavy capital outflows as Budget failed to cheer investor......