The rupee weakened the first time in three days on speculation that oil importers increased purchases of dollars in two months to settle month-end payments. The currency fell, as the European Central

The rupee fell on Wednesday as dollar demand from oil importers for month-end payments offset a rise in the BSE Sensex, although traders said likely dollar sales by the Reserve Bank of India pulled it

Intervention by the Reserve Bank of India in the foreign exchange market will depend on the rupee's exchange rate and capital flows, RBI Governor Duvvuri Subbarao said. Get real! India can't draw

The rupee was slightly up on Wednesday afternoon as higher shares boosted the outlook for foreign fund inflows and helped offset persistent demand for dollars from oil importers. At 2:15 p.m. (0845

The rupee was little changed in narrow-band trade on Wednesday as month-end dollar demand from oil importers offset positive local shares. At 10:30 a.m. (0500 GMT), the partially convertible rupee

Market Recap: Jan USDINR closed at 50.09, down 9 paise on session. Spot USDINR closed at 50.06 from 50.08 and traded the range of 49.92-50.12. USDINR ended nearly flat as the session saw the pair

The rupee opened stronger on Wednesday on expectations for continued foreign fund inflows after the Reserve Bank of India (RBI) signalled a shift in its policy to support growth. The RBI cut the cash

The Reserve Bank of India's move to cut the cash reserve ratio (CRR) for banks is aimed at permanently addressing the structural liquidity deficit, RBI Governor Duvvuri Subbarao said in a televised

The rupee strengthened past 50 to the dollar for the first time in 10 weeks on Tuesday, aided by foreign fund inflows into local stocks and debt. For a happy retired life, move abroad! At 9:02 a.m.

Market Recap: Jan USDINR closed at 50.17, down 27 paise on session. Spot USDINR closed at 50.08 from 50.33 and traded the range of 50.05-50.41. USDINR opened firm tracking the US dollar strength in