Rupee hits two-and-a-half-month low

The Reserve Bank of India today fixed the reference rate of rupee for the US dollar at 53.9495 and the Euro at 70.7203 as against 53.9510 and 70.4994 as on last Friday. In a press release issued by RBI, the exchange rates for the Pound and Yen against Rupee ...

Euro - USD was trading at 1.28 down 0.05% while USD - Japanese Yen was trading at 102.82 down 0.38%. (21:55 ET). Indian rupee closed at 54.88 down 0.18% Friday. News Significant client additions should keep Mah Satyam's revenue traction stable: Arihant ...

Stronger dollar internationally against majority of foreign currencies helped USDINR pair to move higher. Euro moved down against dollar on Friday after US consumer sentiments came higher against market expectations showing positivity in the US economy.

Not really. Its bigger fleet, comparable aircraft technology and better connectivity give it a huge advantage Capgemini takes India route to growth Besides having Indians in top management, the IT major is working to make the country an innovation hub to ...

ICICIdirect.com's report on currency- The rupee traded lower amid a decline in the euro and losses in domestic stocks. Widening of the April trade deficit also weighed on the rupee. Firm dollar demand by oil importers pushed the rupee to breach the ...

The rupee remained in a tight range on Wednesday as positive sentiment due to stronger Asian currencies and the euro was offset by choppy domestic shares and demand for the greenback from custodian banks and oil importers. Most Asian currencies gained as ...

The euro was little unchanged at 1.28, trading around 1-month lows to the dollar. The dollar index was above the 84 mark. Agam Gupta of Standard Chartered Bank feels fundamental inflows are likely to continue, while selling pressure could emerge at ...

The rupee opened weak at 54.92 against the dollar from the previous close of 54.78 on Thursday. The domestic unit touched the 55-mark in early trade on the back of a weak euro and modest inflows into the domestic equity markets. The domestic equity markets ...

The rupee declined to 54.88 against the dollar in the afternoon trade on mild capital outflows and a weaker euro. The euro weakened due to lower output data. The Indian unit opened marginally higher at 54.76 from Wednesdays close of 54.78 to the dollar on ...