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Dec 05, 2013
Rupee gains to 1-mth high as BJP leads in exit pollsThe rupee gained to its strongest against the dollar in a month on Thursday as exit polls predicted a strong showing for the key opposition party in state elections held since November.
Aug 28, 2013
India on a rocky road, but not in 1997-like situation, says S&PThe Indian rupee and the Indonesian rupiah have been badly bruised over the last two days as a sell off crippled the financial markets in the emerging economies. On Tuesday, both the currencies hit a record low.
Aug 24, 2013
Dead cat bounce for the rupee, but long term weakness still existsFrom a long term perspective the Rupee continues to show relative weakness against the dollar. If you look at the chart you will see green uptrend lines and red downtrend lines. Notice that whenever the dollar is in a uptrend, the rupee is in a downtrend. This is to be expected.