QUOTE AND NEWS
The Economic Times  Oct 18  Comment 
Sensex earnings growth has improved from 5% in FY13 to about 10% in FY14 on the back of INR depreciation, says Varun Goel, Head PMS, Karvy.
The Times of India  Oct 17  Comment 
Tracking a recovery in local shares, the Indian rupee today snapped a two-day declining trend and bounced back by 39 paise to end at 61.44 against the Greenback on fresh dollar selling by exporters and some banks.
The Hindu Business Line  Oct 17  Comment 
The Economic Times  Oct 17  Comment 
On the week, however, the rupee fell, declining in five of the last 6 weeks. Markets will be shut next Thursday and Friday due to national holidays.
Reuters  Oct 17  Comment 
Reuters Market Eye - The rupee is trading at 61.70/dollar vs previous close of 61.8350/8450, tracking stronger Asian currencies after solid U.S. data on unemployment benefits and industrial output.
Reuters  Oct 16  Comment 
The rupee posted its biggest single-day loss in a month, hurt by data showing a widening trade deficit and a slump in local shares as part of a global market sell-off, but intervention from the central bank prevented steeper losses.
The Economic Times  Oct 16  Comment 
Weaker rupee contrasted with Asian currency gains across the region.
The Economic Times  Oct 16  Comment 
"This unwinding is more about the current market positioning. We still see 62 as a top. We still maintain the lower range at 60, and not 61."
The Economic Times  Oct 16  Comment 
Rupee plummeted to 61.93 & closed 42 paise down at over 7-mth low of 61.83 against greenback on heavy capital outflows & rise in demand for US dollar.
Commodity Online  Oct 16  Comment 
Swiss exports to India lost a further 25% in the first half of 2014, need for robust Indian economy, stable rupee of great interest to Swiss investors.




 
TOP CONTRIBUTORS


This article discusses the Indian Rupee. For other Rupee currencies, see Rupee (disambiguation). You could also be looking for ETN Market Vectors Indian Rupee/USD ETN (INR).

The Rupee is the currency of the nation of India. In common printing, it is denoted with a preceding "Rs." Thus "Rs 143" would be read "one hundred and forty-three rupees".

But now the denomination "Rs" has been replaced by a new symbol.

The chart at left shows the USD/INR currency pair; the number of Indian Rupee equivalent to 1 U.S. Dollar (USD).


Why the rupee is rising against the pound and euro?

Is it only because GBP and Euro are generally trading weak against all the currencies or is it a more profound impact of Balance of Payment with the Euro area? hello?

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