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Politics

RBI tells exporters to sell dollars to give rupee a leg up

indiatimes.com (1 year and 1 month ago)

May 11, 2012

RBI ordered exporters to convert half of their foreign exchange earnings kept in bank accounts into Indian rupee to prop up the worst-performing BRICS currency. full story

More news

Rupee trims losses as exporters sell dollars

The rupee trims losses to trade at 58.83/85, off its record low of 58.95 hit earlier in the session, but still much lower than its close of 58.15/16 on Monday.

indiatimes.com (8 days ago)

Rupee closes at 53.85 against dollar

Falling for the fourth straight day, the rupee on Monday lost 35 paise to end at nearly two-week low level of 53.85 on sustained dollar selling by exporters amid RBI concerns that the country's current account deficit is headed to its highest ever this fiscal.

indiatimes.com (4 months and 8 days ago)

Rupee bounces back by 12 paise vs dollar

The rupee today gained 12 paise to close at 54.25 against the US currency on fresh selling of dollars by banks and exporters amid firm equity markets.

indiatimes.com (1 month and 20 days ago)

Rupee up by 11 paise against dollar

The rupee continued to rule firm against the American currency in the late morning trade and was quoted up by 11 paise to 54.70 per dollar on selling of dollars by banks and exporters.

indiatimes.com (2 months and 13 days ago)

Rupee up by 21 paise vs dollar

The rupee ruled firm in the late morning trade by gaining 21 paise to 58.18 per dollar on fresh selling of dollars by banks and exporters amidst weak equity market.

indiatimes.com (7 days ago)

RBI Seen Intervening to Help Rupee

India's central bank likely sold U.S. dollars in the foreign exchange market, creating a temporary respite for the battered rupee currency after it plumbed new all-time lows for the second straight day.

wsj.com (8 days ago)

Rupee trims early gains, still up 19 paise

The rupee trimmed its early gains but was still higher by 19 paise quoting 54.14 against the US currency in late morning deals today due to fresh selling of dollars by banks and exporters.

indiatimes.com (2 months and 27 days ago)

Rupee trims initial gains, still up by 2 paise

The rupee trimmed its initial gains against the American currency but was still quoted up by two paise to 54.49 per dollar on mild selling of dollars by banks and exporters on the back of lower dollar overseas.

indiatimes.com (2 months and 9 days ago)

Rupee trims initial gains vs dollar, up by 15 paise

Moving in line with equity market, the Indian rupee trimmed its initial gains but was still quoted up by 15 paise to 53.71 against the American currency in the late morning trade due to selling of dollars by banks and exporters amidst sustained foreign capital inflows.

indiatimes.com (3 months and 21 days ago)