QUOTE AND NEWS
The Economic Times  Aug 29  Comment 
Yuan devaluation sent emerging market currencies into tailspin, including the rupee, leading to outflow of funds from India and other EMs.
The Economic Times  Aug 28  Comment 
The rupee weakened by 10 paise to end at 66.14 against the US dollar due to month-end demand for the American currency from importers and banks.
newratings.com  Aug 28  Comment 
NEW DELHI (dpa-AFX) - The Indian rupee traded lower against the U.S. dollar on Friday, as solid data out of the U.S. yesterday supported the dollar. Strong U.S. GDP data fueled speculation that the economy will be resilient to a slowdown in...
The Economic Times  Aug 28  Comment 
We long Strides, Sun Pharma. There are also stocks like Torrent Pharma which have done spectacularly on results.
The Economic Times  Aug 28  Comment 
The Reserve Bank of India today fixed the reference rate of rupee at 66.0808 against the US dollar and 74.3673 for the euro.
The Economic Times  Aug 28  Comment 
Snapping its gains from the previous session, the rupee lost 4 paise to 66.08 against the American currency.
The Hindu Business Line  Aug 27  Comment 
Rupee’s depreciation helped the firms to stay resilient
The Times of India  Aug 27  Comment 
Despite a 4% yuan depreciation in the last two weeks, the rupee fall has made tyre imports costlier. In the last fortnight, rupee declined to 66 against the dollar from 63.25 leading to tyre import from China becoming costlier even after...
The Economic Times  Aug 27  Comment 
After a brief overnight fall, the rupee recovered by 10 paise to settle at 66.04 against the American currency on fresh selling of dollar by banks and exporters amid a smart rebound in local equity markets.
The Hindu Business Line  Aug 27  Comment 
The Economic Times  Aug 27  Comment 
The Economic Times  Aug 27  Comment 
"It is still early to say anything on the impact of yuan devaluation on Indian exports. But there is no need to panic at the moment," Chairman and Managing Director of EXIM Bank Yaduvendra Mathur said.




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But now the denomination "Rs" has been replaced by a new symbol.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