QUOTE AND NEWS
The Hindu Business Line  2 hrs ago  Comment 
The rupee weakened to 64.58 as the dollar pulled away from five-month lows, with comments from US Treasury Secretary Steven Mnuchin and higher debt yields giving the bruised greenback some breathing ...
The Economic Times  3 hrs ago  Comment 
The currency’s 5.5 per cent advance in the three months through Monday is the biggest in Asia.
The Economic Times  3 hrs ago  Comment 
Between December'16 and February'17, NRIs invested $4 billion in rupee deposits called non-resident external (rupee accounts) or NRE (RA) deposits, RBI data showed.
The Hindu Business Line  Apr 17  Comment 
Presence of key resistances may cap further strengthening of the currency
The Economic Times  Apr 17  Comment 
Headline-driven volatility and nervousness due to the ongoing tensions between US and North Korea predominantly kept forex market sentiment shaky despite subdued dollar overseas.
The Economic Times  Apr 17  Comment 
There is speculation that the Reserve Bank of India (RBI) has apprehensions in approving dollar denominated rupee contracts on GIFT.
The Hindu Business Line  Apr 17  Comment 
After a brief recovery, the rupee once again turned weaker against the US currency and lost 11 paise to close at 64.52 on fresh bouts of dollar demand from importers amid continued geo—political head...
The Economic Times  Apr 17  Comment 
According to Nirmal Bang, USDINR is expected to trade with a sideways to positive movement on Monday.
The Hindu Business Line  Apr 14  Comment 
The New Development Bank (NDB) set up by the BRICS countries plans to issue rupee, yuan bonds this year, its President K V Kamath said on Friday. The bank sold its first three billion yuan ($437 mi...
The Hindu Business Line  Apr 13  Comment 
The rupee strengthened by 41 paise to 64.26 as the dollar fell to a two-week low against a basket of other currencies on Thursday after US President Donald Trump said that the currency was too strong...




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But now the denomination "Rs" has been replaced by a new symbol.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