QUOTE AND NEWS
Reuters  11 hrs ago  Comment 
The Reserve Bank of India (RBI) will start using consumer prices instead of wholesale prices as the inflation benchmark for valuing the rupee against other currencies, a move that could make it less tolerant of appreciation by the rupee.
Reuters  Apr 4  Comment 
Reuters Market Eye - The rupee's recent rally to an 8-month high could be capped as the RBI is expected to step up dollar purchases whenever the currency strengthens above 60 to the dollar.
The Hindu Business Line  Apr 4  Comment 
The rupee was trading marginally weak at 60.18 at 4.43 p.m. local time. The rupee depreciated by 13 paise to 60.29 against the US dollar in early trade today at the Interbank Foreign Exc...
The Hindu Business Line  Apr 4  Comment 
The Economic Times  Apr 4  Comment 
While there is hope of a stable government, a weak coalition may result in a selloff, says ING Vysya Bank. The bank sees the rupee in 59-61 range this quarter.
FX Street  Apr 4  Comment 
The political mudslinging continues in India before the first phase of the general elections next... For more information, read our latest forex news and reports.
The Economic Times  Apr 4  Comment 
Rupee was seen opening at around 60.30 versus its previous close of 60.1650/1750, tracking weakness in local shares and Asian pairs.
The Economic Times  Apr 3  Comment 
The rupee dropped to its lowest level in a week on Thursday, in a reversal from the eight-month high hit just a day earlier, after shares retreated and as losses accelerated.
The Hindu Business Line  Apr 3  Comment 
The rupee was trading weak by 20 paise at 60.09 at 11.05 a.m. local time. The rupee opened weak at 59.93 per dollar against the previous close of 59.89 on the back of dollar buying by imp...
The Hindu Business Line  Apr 3  Comment 
The Hindu Business Line  Apr 3  Comment 




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But now the denomination "Rs" has been replaced by a new symbol.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