APN News

  • Sunday, September, 2021| Today's Market | Current Time: 04:08:21
  • RBI issues norms for currency swap window

    RBI has issued norms for currency swap window. In a notification issued from Mumbai on Friday, RBI has said that swap facility will be available to scheduled commercial banks for fresh foreign currency non-resident bank – FCNR(B) deposits mobilized for a minimum tenor of three years.   RBI has said that the deposits raised may […]

    Rupee rises 77 paise to two-week high of 65.24 against dollar

    The rupee continued to strengthen against the dollar on the back of announcements by new RBI Governor Raghuram Rajan, rising 77 paise on Friday to close at 65.24, the highest level in almost two weeks. Dollar sales by exporters, a weak US currency overseas and renewed capital inflows also helped the rupee to gain. The […]

    Rupee gains 20 paise against dollar

    The rupee on Friday strengthened further by 20 paise to 65.81 against the dollar in early trade, largely supported by recent RBI measures. Meanwhile, the BSE benchmark index Sensex rose by 126.10 points, or 0.66 per cent, to 19,105.86 in opening trade. The domestic currency had gained 106 paise to close at 66.01 yesterday against […]

    Re climbs 138 paise against dollar on RBI steps

    The rupee on Thursday strengthened by hefty 138 paise to trade at 65.69 against the dollar at the Interbank Foreign Exchange market after fresh measures by the RBI to stem the currency’s slide. The rupee had settled at 67.07 against the dollar on Wednesday, up by 56 paise over the previous day’s close. Traders said […]

    Rupee breaches 68 mark; plunges 92 paise to 68.55 vs Dollar

    The rupee today again breached 68 mark by plunging 92 paise to 68.55 against the US dollar in early trade, mainly on strong demand for the American currency from importers and some banks. Dealers said heavy capital outflows amid reports that S&P sees more than one-in-three chance of a downgrade of the country’s rating and […]

    Rupee tumbles by 90 paise vs dollar in late morning trade

    The Indian rupee dropped sharply by 90 paise to 66.90 against the American currency in the late morning trade on Tuesday on persistent dollar demand from banks and importers on the back of firm dollar in overseas amidst sudden fall in equity market. The rupee resumed lower at 66.29 per dollar as against the last […]

    Rupee falls 50 paise against dollar in early trade

    The rupee on Tuesday further depreciated by 50 paise to 66.50 against the dollar in early trade at the Interbank Foreign Exchange market due to renewed dollar demand from importers and appreciation of the US currency overseas. Forex dealers said besides dollar’s gains against the yen and euro on improved economic data, increased demand from […]

    Rupee falls by 26 paise to 65.96 against the dollar

    The Rupee weakened by 26 paise to 65.96 against the dollar in early trade today at the Interbank Foreign Exchange market. Increased dollar demand from importers and slowing economic growth in the April-June quarter in the country put pressure on the domestic currency. The Rupee had gained 85 paise to close at 65.70 against the […]

    Rupee prunes initial losses vs USD; still depreciates 32 p

    The rupee trimmed its early losses but was still quoted down by 32 paise to 66.87 per dollar in late morning trade on Friday, on month-end demand for the US currency from banks and importers. The rupee resumed lower at 67.00 per dollar as against the last closing level of 66.55 at the Interbank Foreign […]

    Rupee trims initial gains; still quoting higher at 67.60 vs Dollar

    The rupee trimmed its initial gains against the US Dollar, but was still quoted higher by 120 paise to 67 rupees 60 paise per dollar in the late morning trade on selling of dollars by banks and exporters. The battered rupee recovered after the RBI yesterday said it has started a facility to meet the […]