Five Dollars A Day

The rupee reversed early gains to end on a weak note as oil prices surged over 1 per cent, even as the dollar struggled a day after its biggest fall in five months.

The rupee climbed by 54 paise against the US dollar to end at 71.48 on Tuesday, recovering from a more than nine-month closing low registered in the previous session. With this jump, the rupee posted its biggest single-day gain against the dollar in more than five months. The gain came after the Reserve Bank of India decided on a transfer of Rs 1.7...

The rupee extended its slide against the dollar on Wednesday and has slumped 3.05 per cent or 210 paise in the last five trading sessions. The home unit declined by 8 paise in today's trade to close at 70.89 against the greenback, news agency Press Trust of India (PTI) reported. During the day, the rupee witnessed heightened volatility following th...

The rupee registered its strongest single-day gain in five years on Friday, amid a plunge in crude oil prices and a spike in equity markets. The rupee strengthened by 101 paise against the greenback to settle at 72.44 for the day, marking its strongest single-day gain since September 2013. Selling of dollars by exports along with weakness in the Am...

Prime Minister Narendra Modi today said structural reforms of four years by his government have transformed the Indian economy from being among world's fragile five to an elephant that has started to run and made it a destination of multi-trillion dollar investment.

Upside was limited as prices were dragged down in the global gold market, where strengthening of dollar to a new 2018 high impacted the yellow metal.

The rupee has gained about 2 per cent to a 16-month high in March after PM Modi's landslide state election win, outperforming its Asian peers and all but five of the world's emerging-market currencies.

In general, commodity prices have fallen to their lowest level in last five years, hit by a strengthening US dollar, rising supply in key markets and concerns over faltering economic growth in China have weighed on metal stocks.

The rupee snapped a two-day rising streak on Monday as demand for dollars was seen from importers, while shares edged lower, posting their first fall in five sessions because of continued selling by foreign investors.

The rupee fell past 65 to the dollar to a record low on Thursday, plunging as much as 2.2 per cent to hit 65.56, and ended in the red for the sixth straight session. The rupee has fallen by 4.77 per cent in the last five trading sessions. Here are 10 main reasons that experts say are responsible for the Indian rupee -- which has depreciated as much...

In the last five days, rupee has weakened by nearly 120 paise against a dollar and has come precariously close to rupee's all time low of 57.32 touched last June-end.

The rupee strengthened for a fourth session in five on Tuesday as investor hopes for a Parliamentary approval to foreign direct investment in multi-brand retail grew a day ahead of the impending vote.

Sharon Stone may be 52, but she shows no signs of slowing down as the Basic Instinct star has stripped down to a itsy-bitsy bikini on-screen.

The rupee reversed early gains to end on a weak note as oil prices surged over 1 per cent, even as the dollar struggled a day after its biggest fall in five months.

The rupee climbed by 54 paise against the US dollar to end at 71.48 on Tuesday, recovering from a more than nine-month closing low registered in the previous session. With this jump, the rupee posted its biggest single-day gain against the dollar in more than five months. The gain came after the Reserve Bank of India decided on a transfer of Rs 1.7...

The rupee extended its slide against the dollar on Wednesday and has slumped 3.05 per cent or 210 paise in the last five trading sessions. The home unit declined by 8 paise in today's trade to close at 70.89 against the greenback, news agency Press Trust of India (PTI) reported. During the day, the rupee witnessed heightened volatility following th...

The rupee registered its strongest single-day gain in five years on Friday, amid a plunge in crude oil prices and a spike in equity markets. The rupee strengthened by 101 paise against the greenback to settle at 72.44 for the day, marking its strongest single-day gain since September 2013. Selling of dollars by exports along with weakness in the Am...

Prime Minister Narendra Modi today said structural reforms of four years by his government have transformed the Indian economy from being among world's fragile five to an elephant that has started to run and made it a destination of multi-trillion dollar investment.

Upside was limited as prices were dragged down in the global gold market, where strengthening of dollar to a new 2018 high impacted the yellow metal.

The rupee has gained about 2 per cent to a 16-month high in March after PM Modi's landslide state election win, outperforming its Asian peers and all but five of the world's emerging-market currencies.

In general, commodity prices have fallen to their lowest level in last five years, hit by a strengthening US dollar, rising supply in key markets and concerns over faltering economic growth in China have weighed on metal stocks.

The rupee snapped a two-day rising streak on Monday as demand for dollars was seen from importers, while shares edged lower, posting their first fall in five sessions because of continued selling by foreign investors.

The rupee fell past 65 to the dollar to a record low on Thursday, plunging as much as 2.2 per cent to hit 65.56, and ended in the red for the sixth straight session. The rupee has fallen by 4.77 per cent in the last five trading sessions. Here are 10 main reasons that experts say are responsible for the Indian rupee -- which has depreciated as much...

In the last five days, rupee has weakened by nearly 120 paise against a dollar and has come precariously close to rupee's all time low of 57.32 touched last June-end.

The rupee strengthened for a fourth session in five on Tuesday as investor hopes for a Parliamentary approval to foreign direct investment in multi-brand retail grew a day ahead of the impending vote.

Sharon Stone may be 52, but she shows no signs of slowing down as the Basic Instinct star has stripped down to a itsy-bitsy bikini on-screen.