Search Results for: depreciating rupee

BSE Sensex Up, Rupee Hits Record Low

The BSE Sensex posts its third consecutive daily gain on Monday after State Bank of India boosted the outlook of the stock market with its impressive earning last week. However, rupee hits a new record low at 55 per dollar, which could affect the stocks.

May 21, 2012

Rupee Tumbles Short of 'Psychological 55' at Record Low of 54.99 to Dollar

Indian currency took another beating on Monday, sinking to a record low of 54.99 against the US dollar in the late afternoon trade session. The rupee stood at 54.96/97 to the dollar at 4:26 p.m. (1056 GMT), and had earlier plunged to the key psychological level of 55 to the dollar, Reuters said.

May 21, 2012

Rupee Could Slide To 60 Against Dollar, Says Citigroup: Report

The Citigroup has reportedly said the Indian rupee may dive south further to touch 60 against the US dollar.

May 18, 2012

Rupee Sinks To Record Low; India's Finance Minister Pranab Mukherjee Says Austerity Needed

The rupee on Wednesday closed at a record low of 54.49 against the U.S. dollar, prompting calls for quick government measures to curb volatility.

May 16, 2012

BSE Sensex Falls Again; S&P Rating Affects Indian Stocks

The BSE Sensex fell for a second session in a row on Thursday, as the investors get cautious after the rating agency Standard & Poor's cut India's outlook to negative from stable on Wednesday.

Apr 26, 2012

S&P and Moody's Give Contradictory Ratings on India's Outlook

Rating agencies Standard & Poor's and Moody's have caused confusion with their contradictory ratings on India's outlook. The former cuts India's outlook from stable to negative in its latest rating while the latter says it's stable.

Apr 26, 2012

Standard & Poor's Downgrades India's Outlook, Rates Negative; Don't Panic, Says Pranab

Standard & Poor's has cut India's outlook to negative from stable on Wednesday. The ratings agency downgraded the country's outlook on account of large fiscal deficit, not very impressive reforms, fall in stocks and rupee.

Apr 25, 2012

RBI Cuts Repo Rate by 50 bps, CRR Unchanged; What Experts Have to Say on Policy Move!

The Reserve Bank of India (RBI) threw up a big surprise with its annual Monetary Policy for 2012-13 on Tuesday by cutting interest rates for the first time in three years by a sharp 50 basis points. The move of the RBI was to boost the economic growth.

Apr 17, 2012

RBI's Reference Rate for Dollar Today (Apr 4, 2012)

The Reserve Bank of India (RBI) on Tuesday fixed the reference rate for the US dollar at 51.0465 rupees. Details here.

Apr 4, 2012

RBI's Reference Rate for Dollar Today

The Reserve Bank of India (RBI) on Tuesday fixed the reference rate for the US dollar at 50.5645 rupees and the euro 67.4854 rupees.

Apr 3, 2012

RBI's Reference Rate for Dollar Today (Mar 30, 2012)

The Reserve Bank of India (RBI) on Friday fixed the reference rate for the US dollar at 51.1565 rupees and the euro 68.3403 rupees.

Mar 30, 2012

RBI's Reference Rate for Dollar Today

The Reserve Bank of India (RBI) on Thursday fixed the reference rate for the US dollar at 51.1450 rupees and the euro 68.2240 rupees.

Mar 29, 2012

RBI's Reference Rate for Dollar Today

The Reserve Bank of India (RBI) on Wednesday fixed the reference rate for the US dollar at 50.9175 rupees and the euro 67.8500 rupees.

Mar 28, 2012

RBI's Reference Rate for Dollar Today

The Reserve Bank of India (RBI) on Tuesday fixed the reference rate for the US dollar at 51.3090 rupees and the euro 67.9785 rupees.

Mar 27, 2012

RBI's Reference Rate for Dollar Today

The Reserve Bank of India (RBI) on Thursday fixed the reference rate for the US dollar at 50.9055 rupees and the euro 67.4035 rupees.

Mar 22, 2012

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Search Results for: depreciating rupee

BSE Sensex Up, Rupee Hits Record Low

Rupee Tumbles Short of 'Psychological 55' at Record Low of 54.99 to Dollar

Rupee Could Slide To 60 Against Dollar, Says Citigroup: Report

Rupee Sinks To Record Low; India's Finance Minister Pranab Mukherjee Says Austerity Needed

BSE Sensex Falls Again; S&P Rating Affects Indian Stocks

S&P and Moody's Give Contradictory Ratings on India's Outlook

Standard & Poor's Downgrades India's Outlook, Rates Negative; Don't Panic, Says Pranab

RBI Cuts Repo Rate by 50 bps, CRR Unchanged; What Experts Have to Say on Policy Move!

RBI's Reference Rate for Dollar Today (Apr 4, 2012)

RBI's Reference Rate for Dollar Today

RBI's Reference Rate for Dollar Today (Mar 30, 2012)

RBI's Reference Rate for Dollar Today

RBI's Reference Rate for Dollar Today

RBI's Reference Rate for Dollar Today

RBI's Reference Rate for Dollar Today

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

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