QUOTE AND NEWS
The Times of India  1 hr ago  Comment 
The rupee failed to maintain initial gains against the American currency by slipping six paise to 58.83 per dollar on renewed demand from banks and importers in view of sustained foreign capital outflows.     
The Hindu Business Line  2 hrs ago  Comment 
The Hindu Business Line  3 hrs ago  Comment 
The Economic Times  3 hrs ago  Comment 
Indian markets came under pressure with rupee approaching record lows. The Nifty slipped below its crucial psychological level of 5800.
The Economic Times  6 hrs ago  Comment 
" Highly depreciating rupee is not good from two different points. First of all, it just gives you a sense of false confidence. The second thing is it is not good for the Indian economy."
The Times of India  8 hrs ago  Comment 
“The prices of all the PC components is going up. The increase in prices can be up to 5%-6%,” said Ganesh Ramamoorthy, research director at Gartner.     
The Times of India  Jun 18  Comment 
The rupee fell 1.5 per cent to a record closing low on Tuesday as traders worried that the country's current account deficit made the currency especially vulnerable to any scaling back of the US Federal Reserve's monetary stimulus.     
The Hindu Business Line  Jun 18  Comment 
The rupee weakened by 93 paise to 58.80 against the dollar in the evening trade on Tuesday on persistent demand for the dollar from oil importers and some corporates. The domes...
The Times of India  Jun 18  Comment 
The Times of India  Jun 18  Comment 
Reuters  Jun 18  Comment 
Gold futures edged up on Tuesday to their highest in nearly a week, helped by a weaker rupee, which was not far from its record low. Silver also moved higher.
Reuters  Jun 18  Comment 
The rupee fell 1.5 percent to a record closing low on Tuesday as traders worried that the country's current account deficit made the currency especially vulnerable to any scaling back of the U.S. Federal Reserve's monetary stimulus.
Equitymaster  Jun 18  Comment 
Posted by Equitymaster        Rupee underwent a significant depreciation in the recent past. Increasing current account deficit (CAD) due to rising gold imports was deemed to be a big reason behind it. However, was gold solely...




 
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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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