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Rupee trading weak at 61.10 on month-end dollar demand

The rupee was trading weak by 34 paise at 61.10 per dollar at 4.11 p.m. local time on good demand for greenback from banks and importers despite weakness of dollar in the overseas market. »

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Veracity Currency Daily report for April 23

Currency Daily report for April 23, 2014, by Veracity Financial Services... »

Forex reserves zoom $2.79 bn to $309.44 bn

India’s foreign exchange reserves jumped by $2.797 billion to $309.444 billion in the week ended April 11 on the back of a healthy rise in currency assets.The total reserves had shot up by... »

Veracity Currency Daily report for April 23

Currency Daily report for April 23, 2014, by Veracity Financial Services... »

Veracity Currency Daily report for April 22

Currency Daily report for April 22, 2014, by Veracity Financial Services... »

Rupee plunges 30 paise to end at 60.60 a dollar

The rupee plunged by over 30 paise to close at 60.60 against the dollar on Monday on strong demand for the American currency from oil importers. The Indian unit opened closer to Thursday'... »

Veracity Currency Daily report for April 21

Currency Daily report for April 21, 2014, by Veracity Financial Services... »

Rupee ends higher at 60.29

The rupee ended seven paise stronger at 60.29 to the dollar against the previous close of 60.37 on the back of gains in the domestic equity market. The benchmark indices Sensex and Nifty surged ov... »

Veracity Technical Forex Report for April 16

Technical Forex Report for April 16, 2014, by Veracity Financial Services... »

Mecklai Midday report for April 15

Mecklai Midday report for April 15, 2014, by Mecklai Financial ... »

Rupee ends down at 60.23 a dollar

The rupee depreciated to 60.23 against the dollar as the inflation increased for the month of March, reducing possibility of an interest rate cut by the RBI to support economic growth. In... »

Travel forex shifting towards prepaid cards: CentrumDirect CEO

Travel to Far-east and East European countries are picking up this summer, says T.C.Guruprasad, CEO & Managing Director, CentrumDirect Ltd, a leading player in foreign exchange, global visas,... »

Cos, banks raise $5.6 bn abroad so far this year

As domestic interest rate is likely to remain elevated for some more time, corporates and banks are hitting the international debt market with renewed interest and have mopped up a hefty $5.6 bill... »

Rupee continued to decline for second week

Mecklai Midday report for April 11

Rupee up a tad on rising inflows

Mecklai Midday report for April 10

Rupee closes a tad lower at 60.13

Expect rupee to strengthen

Rupee ends stronger

Veracity Technical Forex Report for April 4

Currency trading turnover on USE falls 96% in 2 days

Rupee falls below one month low; closes at 60.77

Month end dollar demand and absence of positive economic indicators dragged the rupee to a one month low as the Indian unit closed at 60.77 against the dollar.   The rupee o... »

Veracity Technical Forex Report for April 22

Technical Forex Report for April 22, 2014, by Veracity Financial Services... »

Mecklai Midday report for April 21

Mecklai Midday report for April 21, 2014, by Mecklai Financial ... »

Forex reserves zoom $2.79 bn to $309.44 bn

India’s foreign exchange reserves jumped by $2.797 billion to $309.444 billion in the week ended April 11 on the back of a healthy rise in currency assets.The total reserves had shot up by... »

Rupee ends 14 paise lower at 60.37

The rupee declined 14 paise to end weaker at 60.37 against the dollar due to increased demand for the American currency from banks and importers. The rupee had closed weaker at 60.23 aga... »

Veracity Currency Daily report for April 16

Currency Daily report for April 16, 2014, by Veracity Financial Services... »

Veracity Currency Daily report for April 15

Currency Daily report for April 15, 2014, by Veracity Financial Services... »

Veracity Technical Forex Report for April 15

Technical Forex Report for April 15, 2014, by Veracity Financial Services... »

Rupee shackled in a range

The Indian rupee has been stuck in a sideways range between 59.6 and 60.4 for more than two weeks. As the general elections kicked off last week, the currency weakened from its high of 59.78 on... »

RBI to issue Rs 500, Rs 100 notes of 2014 printing year

The Reserve Bank will shortly issue banknotes of Rs 500 and Rs 100 denominations in the Mahatma Gandhi series with 2014 as the printing year.“The RBI will shortly issue Rs 500 denomination... »

Rupee trading weak at 60.24 on dollar demand

Veracity Technical Forex Report for April 11

Veracity Technical Forex Report for April 10

‘Hedging forex exposure on exchanges cheaper’

Rupee ends flat at 60.11

Forex reserves cross $300 billion

Mecklai Midday report for April 4

Veracity Currency Daily Report for April 4


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