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Rupee trades flat at 62.32 to the dollar

The rupee was trading flat at 62.32 to the dollar, after equities rallied across the globe on better than expected economic data from the US. The US payroll report released on Thursday saw rising hopes that economic recovery in the ...

Rupee remains resilient in early trade despite equity turmoil

Despite equity markets sliding and breaching key support levels, the Indian rupee showed remarkable resilience and was trading with a drop of only 15 paise at 62.71. The rupee had closed at 62.56 against the dollar in trading on Monday. ...

Rupee stays strong despite global market rout

The rupee exhibited remarkable resilience in trade, despite currency weakness seen across the globe. The rupee fell only 10 paise in trade today and was last trading at 62.76 to the dollar, as against a close of 62.66 against the dollar ...

Are we bracing for a big market fall next week?

On Friday, emerging market currencies slumped, including the South African Rand, Turkish Lira, Argentinian Peso and the Ukraine's Hryvnia. India's own currency fell to a 9-week low as foreigners dumped emerging market assets on account of slowing growth and political ...

Emerging market currencies hit; is the rupee likely to fall further?

On Friday, the South African Rand plunged to a 5-year low, the Ukraine's Hryvnia sank to a 4-year low, Turkish Lira hit a lifetime low and Argentina's Peso sunk 20 per cent for the week. In India, the rupee hit ...