​The rupee is expected to open lower on Monday in anticipation of higher dollar demand from oil importers and tracking mostly lower Asian equities. Traders said the rupee would open around 49.40

The rupee is expected to keep a firm grip on the upward trajectory, backed by support from the Reserve Bank of India (RBI) and improving risk appetite globally. However, risks of fresh concerns from

India's foreign exchange reserves grew marginally by $732 million to $293 billion for the week ended January 20. According to the Reserve Bank of India, the reserves grew due to revaluation in the

The rupee gained for the fourth straight week aided by positive local shares and robust dollar inflows, while the outlook remained bullish for the local unit. The partially convertible rupee ended at

The rupee hovered just below its two-and-a-half month high on Friday on the back of positive local shares and dollar inflows. At 2:26 p.m. (0856 GMT), the rupee was at 49.52/53 to the dollar, after

The Reserve Bank of India (RBI) may intervene in the forward foreign exchange market, in addition to the spot market, to help manage liquidity in the banking system, a central bank source told Reuters

The rupee rose further by 38 paise to 10-week high of 49.70 against the US dollar on sustained selling of the American currency by banks and exporters amid good inflows into the equity markets. In

The rupee touched a two-and-a-half month high on Friday, aided by firm local shares, as demand for riskier assets was spurred by hopes Greece will soon reach an agreement on restructuring its debt.

Market Recap: Jan USDINR closed at 50.19, up 10 paise on session. Spot USDINR closed at 50.11 from 50.6 and was limited to 49.97-50.24 range for the session. Not much of a movement through the session

​The rupee strengthened early on Friday on expectations Greece will reach an agreement on restructuring its debt, which is likely to spur demand for risky assets. In Images: A sneak peek at the