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People stand in a queue to deposit and exchange discontinued currency notes, outside a bank on the outskirts of New Delhi. (Photo: PTI)

A noble objective, but the execution is faulty

The banks are inaccessible for exchanging currency and ATMs are by and large not operative.

19 Nov 2016 3:57 AM IST

Finance Minister Arun Jaitley addressing a press conference in New Delhi. (Photo: PTI)

Cash crisis to last 2-3 weeks more, says Arun Jaitley

Approximately Rs 2 lakh crore has so far been deposited in all banks.

13 Nov 2016 3:06 AM IST

According to IFA Global, a forex and treasury solution firm, the Indian rupee is the third best performing Asian currencies this year, up 4.63 per cent in the March quarter, its best quarterly gains since September 2012.

Rupee recovers 3 paise against dollar in early trade

Rupee is trading at 64.05 against the dollar in early trade.

17 May 2017 10:01 AM IST

Finance Minister Arun Jaitley

Nepal will soon be able to exchange old Indian scrapped notes: Jaitley

Jaitley said necessary steps have been taken to facilitate the exchange of demonetised currency as per Nepal's request.

3 March 2017 8:43 PM IST

Banks received 3 trillion rupees ($44.4 billion) of 500- and 1,000-rupee notes over the last four days.

Rupee down by 5 paise against US dollar

Rupee is trading at 64.43 against dollar in early trade due to increased demand for American currency from importers.

26 July 2017 10:28 AM IST

Dealers attributed the rupees fall to the dollars strength against some other currencies overseas

Rupee down by 5 paise against dollar in early trade

Rupee is trading at 64.39 against the US dollar in opening session at the Interbank Foreign Exchange.

25 July 2017 10:17 AM IST

Yesterday, the rupee ended 4 paise down at 66.96 against the US dollar on fresh demand for the American currency

Rupee down by 11 paise against dollar in early trade

Rupee is trading at 64.43 against US dollar in opening session due to fresh dollar demand from importers.

24 July 2017 10:02 AM IST

On Friday, the rupee had gained 6 paise to end at 67.01 due to fag-end dollar selling by banks.

Rupee rebounds 13 paise against US dollar

Rupee is trading at 64.53 against the US dollar in early trade at Interbank Foreign Exchange market.

31 May 2017 9:57 AM IST

Lower opening in the domestic equity market put the rupee on the back foot.

Rupee down 16 paise against dollar in early trade

A lower opening of the domestic equity market put pressure on the rupee.

30 May 2017 10:03 AM IST

A weak dollar in overseas markets and selling of the US currency by exporters and banks supported the rupee.

Rupee down 13 paise against dollar in early trade

A lower opening of the domestic equity market put pressure on the rupee.

29 May 2017 9:51 AM IST

According to IFA Global, a forex and treasury solution firm, the Indian rupee is the third best performing Asian currencies this year, up 4.63 per cent in the March quarter, its best quarterly gains since September 2012.

Rupee bounces back from near one-month low

Local unit opened firmly higher at 64.52 against last Friday's close of 64.64 at forex market.

27 May 2017 5:04 PM IST

Yesterday, the rupee had gained 10 paise against the US dollar to end at 66.71

Rupee continued its strong recovery for 2nd consecutive week

This is the highest closing for the home currency since June 14, surging by a whopping 13 paise.

22 July 2017 4:26 PM IST