The central bank kept completely away from buying the greenback in February, which was a first in FY14, as per the RBI data.

The optimism stems from the reduced volatility in the market since the RBI intervention, though the rupee ended with a loss of 4 paise.

Last week has been exceptionally good for rupee bulls, with the domestic unit strengthening against the dollar by a whopping Rs 1.40

The dollar-rupee pair closed at 44.51/52 on Friday. The week was extremely volatile with the market swinging alternately between despair an...

The rupee declined to the lowest level in two weeks as Asian stocks dropped and on speculation overseas investment will slow after the comp...

The rupee rose the most in a week after the Group of 20 nations pledged to refrain from intervening in currency markets to support exports.

The rupee declined 0.6% to 44.3650 per dollar at the close of trade on Monday. The currency reached 43.96 on October 15, its strongest leve...

Investors are getting out of Asian currencies and moving into US dollar which continues to be perceived as a safe haven currency.

Forex reserves rose $3.9 billion during the week ended July 31, on the back of inflows due to corporate borrowing and investment by FIIs.

Foreign exchange reserves rose $2.3 billion during the week ended July 17, on the back of inflows as a result of share purchases by foreign...

The rupee had a modest start to the week gaining 12 paisa to close at 49.88 against the dollar

The rupee gave up some of its early morning gains by Monday afternoon, when it rose to its highest level in 6 weeks on back of gains in sto...

The rupee pared some gains by Monday noon, after rising to its highest level in 6 weeks on back of gains in stocks and upswing in some Asia...

Bonds are trading rangebound ahead of a scheduled auction to take place on Friday.

The rupee was seen losing ground on Monday, trading at 49.01 against the dolllar at 12 noon, down 14 paisa from Friday close.

: Despite the rupee dramatically losing ground against the dollar in recent weeks, forex dealers say that in the near term its movement is ...

A steep fall in the local currency value today prompted the Reserve Bank to sell dollars through state-owned banks, dealers said.