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With the rupee resuming its fall after a brief period of consolidation, forex participants are not ruling out of the possibility of the rupee weakening further to breach the 70 level mark. (Photo: AP)

Rupee weakens further, hits fresh low to 72.64 against USD

The domestic unit witnessed intense volatility and traded between 72.07 and hit all-time low of 72.48.

10 Sept 2018 11:55 AM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

RBI may conduct OMO this week to ease liquidity, say bankers

Nearly Rs 50,000-60,000 crore of additional liquidity will go out of the system due to advance tax payments.

9 Sept 2018 1:25 PM IST

The Reserve Bank of India on Monday fixed the reference rate of the rupee at 64.9287 against the US dollar and 79.6870 for the euro.

US dollar inches down against rupee

The pound sterling also finished lower at Rs 95.27 per pound.

27 Sept 2018 7:07 PM IST

On Tuesday, the Indian rupee closed the session on a flat note at 69.83 a dollar.

Rupee on recovery path, gains 34 paise to end at 1 week high against...

Extending gains for a second session, the domestic unit hit a session high of 71.53 in early trade.

14 Sept 2018 7:51 PM IST

Indias forex reserves have shot up considerably.

Forex reserves plunge below USD 400 billion mark

The country's forex reserves declined by USD 819.5 million to USD 399.282 billion for the week to September 7.

14 Sept 2018 7:42 PM IST

With the rupee resuming its fall after a brief period of consolidation, forex participants are not ruling out of the possibility of the rupee weakening further to breach the 70 level mark. (Photo: AP)

Rupee drops 29 paise to 72.49 against US dollar

Losses in domestic equities in volatile early trade also put pressure on the rupee.

24 Sept 2018 10:55 AM IST

Reserve Bank of India

Issue pre-paid instruments to foreign tourists: RBI

Passport may be treated as a valid document for issuance of the said instruments.

12 Nov 2016 4:12 PM IST

FIIs head home whenever the Fed raises interest rates and this affects the rupee.

Rupee turns weaker against dollar, down 6 paise

However, what limited rupee's fall was US dollar sliding in global market.

16 May 2017 11:12 AM IST

Data this week is expected to show Chinas forex reserves precariously perched just above $3 trillion at end-December.

Fears arise about China's forex reserve dip

Vicious cycle of more outflows and currency depreciation looms large.

6 Jan 2017 5:30 AM IST

These seafarers were so far exempted from paying tax on their remittances if they stay 182 days in India.

I-T plan to tax sailors to hit Forex

There are 1,30,000 Indian seafarers working abroad and they remit around $35-40 million annually.

6 March 2017 6:21 AM IST

The former office of Stelkon Infratel Private Limited.

Six banks' officials under CBI scanner

They allowed 13 firms to illegally send forex worth Rs 2.2Kcr to Southeast Asia accounts'.

20 May 2017 2:50 AM IST

Forex dealers said the dollars weakness against some currencies overseas led to the rupee upmove.

Rupee slips 10 paise at 66.98 against US dollar

Industrial production contracting to four-month low of 0.4 per cent in December weighed on rupee.

13 Feb 2017 10:30 AM IST