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Indian Rupee news

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Falling Indian Rupee: What Government Has Done To Protect Economy
Blaming the euro zone crisis for a weak Indian economy, Finance Minister Pranab Mukherjee Tuesday said that the government was taking several steps to protect the economy and the rupee from further pressures. In a written statement in the Rajya Sabha, ...
Indian rupee plunges for fourth day  haveeruonline
RBI slashes arbitrage opportunity as rupee breaches 55 a dollar  Business Standard
Reserve Bank of India steps in to boost Indian rupee
The Reserve Bank of India (RBI) has introduced fresh measures aimed at boosting the Indian rupee after recent weakness in the currency.
RBI tells exporters to sell dollars to give rupee a leg up  Economic Times
India's Industrial Production Unexpectedly Contracted in March  Bloomberg
Analysis: Indian rupee slump costly for $5.5 billion in convertible bonds
The economy was growing at more than 9 percent a year, the Indian rupee was rallying towards a record high against the dollar and the Bombay Stock Exchange's main index .
Rupee's Likely Defender: Bond, India Bond  Wall Street Journal (blog)
India in Free Fall
The falling Indian rupee, which Monday closed at an all-time low relative to the dollar, is a perfect metaphor for the free fall India's economy seems to be in.
Who Cares if the Rupee Keeps Falling?  New York Times (blog)
Plummeting rupee worries students keen to study abroad  The Hindu
Indian rupee: what's the backup plan?
They include, according to Siddhartha Sanyal, chief India economist for Barclays, issuing sovereign bonds. But that is unlikely, given Indian authorities' preference for having most of its liabilities rupee-denominated rather than dollar. There are ...
Indian rupee declines toward a record low
Rupee depreciation troubles Indian apparel exporters
Indian Rupee Slumps To Record Low Against US Dollar
The Indian rupee fell to a record low Friday as it succumbed to pressures of the debt crisis looming over the euro zone and the weak domestic indicators.
Rupee recovers 29 paise against dollar  India Today
Battered India rupee lacks a warchest
The Indian rupee's plunge this week to record lows will have surprised no one. After all, the currency has been inching towards this for weeks, propelled by the government's paralysis on vital reforms and tax wrangles with big foreign investors.
Another day, another low for Indian rupee; now @14.93 vs Dh1  Emirates 24/7
Battered rupee highlights India woes  Financial Times
Indian rupee hits six-month low
Mumbai: India's rupee slid to a near six-month low against the dollar on Monday, prompting the central bank to intervene to prop up the struggling currency, traders said.
RBI to exporters: Convert 50% dollar holdings into rupee
RBI action to stem rupee's fall momentarily: Jamal Mecklai  Economic Times
Indian rupee hits all-time low
Local money exchanges witnessed “higher than normal footfalls” as non residents rushed to remit money as the rupee's value against the dollar-pegged UAE currency declined to over 20 per cent during the past 12 months. The Reserve Bank of India said it ...
Indian rupee hits record low; more falls seen
Experts' view: What should be done to stem rupee's slide?  Economic Times
How Indian expats in UAE can cash in on rupee@55 to US dollar
With the Indian rupee slumping to its worst ever exchange rate against the US dollar (55.0455, as of 7am UAE time, Tuesday) - and, therefore, the UAE dirham (14.98) and other dollar-pegged Gulf currencies - Indian expats in the region have the ...