QUOTE AND NEWS
Reuters  Sep 15  Comment 
Finance Minister Arun Jaitley said on Saturday that the government is confident of meeting its fiscal deficit target of 3.3 percent of gross domestic product in the current fiscal year, a day after outlining a number of measures to bolster the...
The Hindu Business Line  Sep 15  Comment 
The Indian rupee is “tracking closer to its fair value” and a further rapid depreciation (of the rupee to the dollar) appears unlikely. However, appr
The Economic Times  Sep 15  Comment 
Consumer electronics makers had hiked prices by up to 5% last month due to rupee depreciation.
The Economic Times  Sep 15  Comment 
"The moves will help the rupee open stronger on Monday," said Aditi Nayar, ICRA.
The Economic Times  Sep 15  Comment 
Despite strong GDP growth, the rupee has weakened about 11 percent this year.
The Economic Times  Sep 15  Comment 
The Sensex closed above 38,000 and the Nifty edged past 11,500 on.
The Times of India  Sep 14  Comment 
Bankers expect that the latest set of measures announced by the finance ministry will help support the rupee on the margins, but will not be a game changer. Also, the immediate impact will be only sentimental as the actual fund inflows will take...
The Times of India  Sep 14  Comment 
In the wake of widening account deficit and to check the fall of rupee, the government has announced a five-point plan, which is likely to have a positive impact to the tune of $8-10 billion. The government said that the current economic woes may...
Reuters  Sep 14  Comment 
The Indian government late on Friday announced a slew of steps aimed at stemming a steep decline in the rupee, which has fallen rapidly this year, and it left the door open to announcing more measures.
The Hindu Business Line  Sep 14  Comment 
Five key decisions taken for stabilising the currency




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But now the denomination "Rs" has been replaced by a new symbol.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