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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... »

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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 16

Currency Daily report for April 16, 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 16

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

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

On the contrary to the recording breaking local stock markets, the rupee continued to decline against the American currency for the 2nd consecutive week by dipping another 9 paise to 60.17 per dol... »

Mecklai Midday report for April 11

Mecklai Midday report for April 11, 2014, by Mecklai Financial ... »

Rupee up a tad on rising inflows

The rupee ended 6 paise stronger against the dollar at 60.07 on a stable domestic equity market amid bouts of dollar demand from banks and oil importers. It had closed at 60.13 on Wednesday. The I... »

Mecklai Midday report for April 10

Mecklai Midday report for April 10, 2014, by Mecklai Financial ... »

Rupee closes a tad lower at 60.13

The rupee ended a tad lower at 60.13 (previous close: 60.11 on Monday) against the dollar on the back of robust demand for the American currency from oil importers. The currency and bond... »

Expect rupee to strengthen

Rupee ends stronger

Veracity Technical Forex Report for April 4

Currency trading turnover on USE falls 96% in 2 days

Mecklai Midday report for April 3

Veracity Currency Daily Report for April 3

Veracity Technical Forex Report for April 2

Veracity Currency Daily Report for April 2

RBI makes the most of rupee rise by buying dollars

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 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

The rupee was trading weak by 17 paise at 60.24 against the dollar at 3.27 p.m. local time. The rupee fell 28 paise to 60.35 against the US dollar in the opening trade today due to demand... »

Veracity Technical Forex Report for April 11

Technical Forex Report for April 11, 2014, by Veracity Financial Services... »

Veracity Technical Forex Report for April 10

Technical Forex Report for April 10, 2014, by Veracity Financial Services... »

‘Hedging forex exposure on exchanges cheaper’

Pramit Brahmbhatt, CEO, Veracity Group

With the rupee turning volatile since last year, hedging foreign exchange exposure has become an imperative for all foreign exchange earners and spenders. Pramit Brahmbhatt, CEO, Veracity Group... »

Rupee ends flat at 60.11

Paring the gains from the morning session of trades, the Indian rupee ended flat from Friday’s close at 60.11 against the US currency amid capital flows and weaker domestic and Asian equity market... »

Forex reserves cross $300 billion

Mecklai Midday report for April 4

Veracity Currency Daily Report for April 4

Rupee weakens by 28 paise to 60.17

Veracity Technical Forex Report for April 3

Rupee ends stronger at 59.89 on more dollar inflows

Mecklai Midday report for April 2

Forex, money markets closed today


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