QUOTE AND NEWS
The Economic Times  11 hrs ago  Comment 
Snapping its two-day gaining streak, the rupee closed down by 8 paise at 61.75 per dollar on fresh demand for the US currency from banks.
The Hindu Business Line  Feb 4  Comment 
The Economic Times  Feb 4  Comment 
"if you take a slightly broader range, we would be looking at the rupee to trade between 61 and 63."
The Hindu Business Line  Feb 3  Comment 
Brings in steps to check the rise
The Hindu Business Line  Feb 3  Comment 
Bucking the weak trend in stocks, the rupee on Tuesday strengthened 13 paise to end at a near one-week high of 61.67 against the greenback on persistent selling of dollars by banks and exporters o...
The Economic Times  Feb 2  Comment 
Another key reason was the changing tack of global forex market traders for base currencies to buy EM currencies, which helped the rupee.
The Economic Times  Feb 2  Comment 
If RBI's Raghuram Rajan does cut the repo rate, the strong rupee is likely to have played a more prominent role in the decision than inflation.
The Economic Times  Feb 2  Comment 
The rupee firmed up further against the pound to 92.82 per pound from 93.33 previously ans recovered against the euro to 70.02 per euro from 70.22.
The Hindu Business Line  Feb 2  Comment 
The Hindu Business Line  Feb 2  Comment 
There is a mood of optimism among exporters in the Tirupur knitwear cluster. With exports clocking Rs 15,000 crore mark in the first nine months of the current fiscal, up 19 per cent in rupee term...
The Hindu Business Line  Feb 1  Comment 
The yellow metal prices in India can rally due to weakness in the rupee
The Hindu Business Line  Feb 1  Comment 
All eyes on RBI as the currency’s short-term outlook turns bearish




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But now the denomination "Rs" has been replaced by a new symbol.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