QUOTE AND NEWS
The Economic Times  4 hrs ago  Comment 
The rupee opened a tad higher at 66.96 as against Friday's closing of 66.97 per dollar at the Inter-bank Foreign Exchange (Forex) market.
Equitymaster  6 hrs ago  Comment 
Posted by Equitymaster        The commerce ministry is concerned over the continuous slowdown in exports. Contracting for the second month in a row, India's merchandise exports fell 0.3% to USD 23.5 billion in August on persistent weak...
The Economic Times  7 hrs ago  Comment 
Last Thursday, the currency market was rife with speculation on reports the government would devalue the rupee-dollar exchange.
The Economic Times  Sep 18  Comment 
Since 2004-05, the REER has appreciated 25% against 6 major currencies, and by 13% against 36 currencies that include India’s major trade competitors.
The Times of India  Sep 16  Comment 
After a brief overnight fall, the rupee gained ground against the dollar and ended higher by 5 paise at 66.97 on improvement in trade deficit data and easing fears of rate hike by the US Federal Reserve.
The Hindu Business Line  Sep 16  Comment 
The Economic Times  Sep 16  Comment 
In our assessment, the rupee is considerably overvalued on a REER basis. Our projection for the rupee has been maintained at 68-70.
The Hindu Business Line  Sep 16  Comment 
The rupee, which is currently hovering around 67 per dollar level, is expected to shift from a depreciation path to a consolidative trend over the next 12 months, says a DBS report.According to the g...
The Economic Times  Sep 16  Comment 
The tide is turning in the bond market and this is having wide implications on the currency market. Thankfully, the rupee is holding up for now.
The Hindu Business Line  Sep 15  Comment 
FinMin, Sitharaman refute media report
Reuters  Sep 15  Comment 
Sentiment towards most emerging Asian currencies turned bearish as increasing doubts about the ability of major central banks to offer fresh stimulus sparked a selloff in global bonds, a Reuters poll showed on Thursday.




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But now the denomination "Rs" has been replaced by a new symbol.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