MillenniumPost

Rupee touches another all-time low at 53.96

15 May 2012 5:42 AM GMT
The rupee closed at all-time low of 53.96 against dollar on Monday amid rising inflation and risk aversion by global investors who bet on the US...

Use forex reserves to check rupee slide: PMEAC

15 May 2012 3:59 AM GMT
The Prime Minister’s Economic Advisory Council (PMEAC) chairman C Rangarajan on Monday pitched for utilisation of foreign exchange reserves to arrest...

Bankers expect rupee to rise

13 May 2012 11:40 PM GMT
Treasury officials see the rupee, which saw its all-time low level at closing last week, gaining strength and hovering in the 52.80-53.50 range...

Sell 50% of forex earnings: RBI to exporters

11 May 2012 5:57 AM GMT
In order to arrest the declining value of the rupee, the Reserve Bank of India (RBI) on Thursday asked exporters to sell 50 per cent of their retained...

Rupee ends at 53.4 a dollar after RBI move

5 May 2012 1:56 PM GMT
The rupee on Friday came precariously close to 54 levels but recouped day’s most of the losses to end at 53.47/48, down six paise against the US...
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