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A grocery shop owner counts rupees in the western Indian city of Ahmedabad

Rupee falls; some see bottom
The rupee weakened for the first day in three against the dollar, retreating from a one-week high earlier, as oil importers stepped in to buy the U.S. unit, while waning greenback sales by corporates and exporters in late trade also hurt. Despite Monday's fall, the rupee remains well above the record low of 56.52 against the dollar hit on Thursday, indicating a near-term bottom after a rough last

Rupee flat; still off recent record low

The rupee is trading at 55.52/54 versus the dollar, in line with Friday's close of 55.54/55, after rising to a session high of 55.26 on dollar selling by exporters and corporates, but global risk

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India Inc sees rupee at 58/dollar - survey

Corporate India expects the rupee to weaken more, with a majority of 440 respondents in an ING Vysya survey of 220 organisations predicting the rupee could fall to as low as 58 to the dollar in the

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Rupee at 1-wk high; some see bottom

The Indian rupee rose on Monday to its highest against the dollar in a week, despite a steep sell-off in global risk assets, on the back of dollar sales by corporates and exporters, as well as

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Expert View: Rupee outlook on Monday

Market Recap: June USDINR closed at 56.15, down 26 paise. Spot USDINR closed at 55.54 from 56.09 and traded the range of 55.54-56.26. Friday saw the pair ending nearly 1% lower on session, with

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Experts see Re weakening on Euro zone woes

The rupee, which touched a fresh low last week, is expected to stay under pressure in the near term, as concerns from the debt-ridden Euro zone continue to drive away foreign investors to safe

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