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Rupee closes 25 paise stronger against dollar at 62.42
Fri, Mar 27 2015. 05 41 PM

Rupee closes 25 paise stronger against dollar at 62.42

The rupee opened at 62.78 per dollar and touched a high and a low of 62.39 and 62.79, respectively, in intra-day trade
Use cheques, cards to check black money: Arun Jaitley
Fri, Mar 27 2015. 04 23 PM

Use cheques, cards to check black money: Arun Jaitley

Finance minister Arun Jaitley made a case for encouraging the use of cheques and ‘plastic currency’ to tackle the generation of black money
Rupee closes 33 paise weaker against dollar at 62.67
Thu, Mar 26 2015. 05 19 PM

Rupee closes 33 paise weaker against dollar at 62.67

The local unit opened at 62.57 a dollar and touched a low of 62.73 in intra-day trade
Currency war is now a dud as windfall from devaluations vanishes
Thu, Mar 26 2015. 02 31 PM

Currency war is now a dud as windfall from devaluations vanishes

Currency depreciation is the easiest way out but it will lead to severe consequences if it’s not accompanied by structural reforms, says an expert
IL&FS arm raises 690 million yuan in bond sale
Thu, Mar 26 2015. 12 39 AM

IL&FS arm raises 690 million yuan in bond sale

The company plans to use the proceeds of its bonds to refinance the debt it raised in the Chinese currency three years ago
RBI signs $400 mn currency swap pact with Sri Lanka
Wed, Mar 25 2015. 08 58 PM

RBI signs $400 mn currency swap pact with Sri Lanka

The agreement will allow the Central Bank of Sri Lanka to draw the amount in dollars or euros in multiple tranches over three years
RBI’s currency challenge
Wed, Mar 25 2015. 07 14 PM

RBI’s currency challenge

RBI agrees that the rupee is overvalued, but continues to maintain that it will not intervene
Rupee closes 9 paise weaker against dollar at 62.34
Wed, Mar 25 2015. 05 33 PM

Rupee closes 9 paise weaker against dollar at 62.34

After seven consecutive sessions of gains, the Indian rupee weakened marginally against the dollar, tracking losses in the Asian currencies market
RBI steps up interventions to prevent rupee gains
Wed, Mar 25 2015. 02 24 PM

RBI steps up interventions to prevent rupee gains

There are expectations the Fed will remain cautious on rate hikes, benefiting the rupee
Rupee closes marginally stronger against dollar at 62.24
Tue, Mar 24 2015. 05 34 PM

Rupee closes marginally stronger against dollar at 62.24

The rupee rises for the seventh consecutive session, tracking the rise in Asian currencies and weakness in the US dollar

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