QUOTE AND NEWS
Reuters  4 hrs ago  Comment 
World No.1 sugar consumer India could be set to ramp up imports of the sweetener as a sharp drop in international prices and a stronger rupee make overseas purchases viable despite stiff duty charges, industry officials said.
The Hindu Business Line  6 hrs ago  Comment 
The rupee was trading weak at 64.60 due to increased demand for dollar from banks and importers and a weak domestic equity market. According to forex dealers, the rupee's losses were limited as th...
The Economic Times  Jun 27  Comment 
Bearish equity markets and month-end dollar demand predominantly weighed on rupee trade.
The Hindu Business Line  Jun 27  Comment 
The rupee gave back most of its initial gains in tandem with local equities and settled almost flat at 64.53 against the US currency following fag-end dollar demand from importers and banks. An early...
The Hindu Business Line  Jun 26  Comment 
The near-term view will remain negative as long as the currency remains below 64.4
The Economic Times  Jun 26  Comment 
FPIs building on out of money call options on dollar rupee forwards fear a correction in rupee.
The Economic Times  Jun 23  Comment 
World stock markets too reacted to tumbling crude oil prices.
The Hindu Business Line  Jun 23  Comment 
The rupee remained under pressure against the US dollar for the third straight day on Friday, depreciating 7 paise to end at a fresh three-week low of 64.59 on steady demand for the US currency amid ...
The Economic Times  Jun 22  Comment 
This is the lowest closing for the home currency since May 30, when it had closed at 64.66.
The Hindu Business Line  Jun 22  Comment 
Caught in a downward spiral for the third straight session, the rupee on Thursday depreciated by seven paise to end at a fresh three-week low of 64.59 on steady dollar demand amid a deepening global ...




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But now the denomination "Rs" has been replaced by a new symbol.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