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Indian Rupee (INR)

QUOTE AND NEWS
LG hikes prices of home appliances by up to 5% on rupee fall
The Hindu Business Line  1 hr ago  Comment 
Consumer durables major LG Electronics India today said it will hike prices of its entire range of home appliances by up to five per cent due to weakening rupee with effect from tomorrow. ...
Rupee down 13 paise at 57.63 on fresh dollar demand
The Hindu Business Line  3 hrs ago  Comment 
The rupee weakened by 13 paise to 57.63 against the dollar in the afternoon trade due to fresh demand for dollar by banks and importers on the back of firm dollar overseas. The rupe...
Rupee weakens by 18 paise to 57.71
The Hindu Business Line  7 hrs ago  Comment 
Timeline: Changes to SLR for banks since 1949
Reuters  4 hrs ago  Comment 
REUTERS - The Reserve Bank of India kept interest rates unchanged on Monday after cutting them in each of its previous three policy reviews, warning of upward risks to inflation posed by a falling rupee and increases in food prices.
Rupee trims initial losses, still down by 27 paise
The Times of India  6 hrs ago  Comment 
The rupee trimmed its early losses, but was still quoted down by 27 paise to 57.78 against the American currency in the late morning trade.     
India rate cut unlikely as weak rupee weighs: Analysts
The Straits Times  8 hrs ago  Comment 
June 17, 2013 10:52 AM MUMBAI, June 17, 2013 (AFP) - India's central bank was expected to keep interest rates on hold on Monday with concerns over the rupee trading near record lows likely to outweigh the fall in inflation, most analysts...
Jindal Drilling and Industries : Ben Graham Value Play?
India Value Invest  Jun 16  Comment 
Jindal Drilling and Industries was incorporated in the year 1983 with a focus on providing quality Offshore Drilling, Horizontal and Directional Drilling and allied services. Financials The company's average ROCE over the last ten years has been...
‘Weak rupee may lead to rise in inbound deals’
The Hindu Business Line  Jun 16  Comment 
The downward trend in rupee is definitely a good news for foreign players looking at acquisition opportunities in India and is likely to result in rise in inbound transactions, say experts.
FIIs pull out $3 b from debt market so far this month
The Hindu Business Line  Jun 16  Comment 
Overseas investors have pulled out over Rs 17,000 crore (nearly $3 billion) from the Indian debt market in just a fortnight due to weakness in the rupee. During June 3-14, Foreign Institu...




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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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