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Indian Rupee (INR)

QUOTE AND NEWS
Rupee slips on oil import demand
The Hindu Business Line  May 17  Comment 
The rupee closed weaker at 54.88 against the dollar on strong demand for the American currency from oil importers and a weaker euro. The Indian unit had closed at 54.78 on Thursday. Despite the ga...
Rupee closes weaker by 11 p at 54.88 a dollar
The Hindu Business Line  May 17  Comment 
Rupee down 21 paise against dollar
The Times of India  May 17  Comment 
Rupee weakens by 21 paise to 54.98
The Hindu Business Line  May 17  Comment 
Expect rupee to become a bit stable in days ahead
The Economic Times  May 17  Comment 
"Especially with the gold import notification coming into place, the rupee may find some stability."
Rupee touches 55-mark on weak euro, modest inflows
The Hindu Business Line  May 17  Comment 
The rupee opened weak at 54.92 against the dollar from the previous close of 54.78 on Thursday. The domestic unit touched the 55-mark in early trade on the back of a weak euro and modest...
Air India Seeks Dollar Loan to Refinance Rupee Debt
Bloomberg  May 17  Comment 
Air India Ltd., the carrier which pays more interest on its debt than any publicly traded Asian airline, plans to borrow $300 million from overseas to repay costlier rupee obligations, according to a company official.
Rupee continues to trade weaker; share weakness hurts
Reuters  May 17  Comment 
Reuters Market Eye - The rupee trades at 54.90/91 versus its previous close of 54.7750/7850, tracking weakness in the domestic share market and the dollar's broad gains versus other majors and Asian currencies.
Rupee edges down tracking broad dollar gains
Reuters  May 17  Comment 
Rupee up 9 paise at 54.69 on mild capital inflows
The Hindu Business Line  May 16  Comment 
The rupee opened marginally higher at 54.76 against the dollar today on positive domestic and Asian equity markets. The Indian unit had ended at 54.78 on Wednesday. The rupee dec...
Rupee up by 10 paise vs dollar in early trade
The Times of India  May 16  Comment 
The rupee on Thursday rose by 10 paise to 54.68 against the dollar in early trade at the Interbank Foreign Exchange today on increased selling of the US currency by exporters and banks.     
Rupee ends little changed as euro fall offsets share gains
Reuters  May 16  Comment 
The rupee closed little changed on Thursday as gains in the domestic share market were offset by the euro's fall versus the greenback.
Rupee intraday volatility will rise
FX Street  May 16  Comment 
Indian rupee will be choppy on the back of strength of US dollar. We prefer selling far dated... For more information, read our latest forex news and reports.




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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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