Idr

Rupee rises to over 2-month high, close at 61.71/$

Rupee today jumped by 16 paise to end at over two-month high of 61.71 against the greenback on good inflows in local markets and sustained dollar sales by exporters, extending its winning trend to third straight day.

Rupee rises to over 1-month high, ends at 61.87/$

rupee today appreciated for the second straight session and rose 19 paise to log its over one-month closing high of 61.87 against the Greenback following sustained dollar selling by exporters and capital inflows in local shares.

Rupee gains for the fourth day, ends at over one-month high

The Indian rupee continued to rule firm against the greenback for the fourth successive session, gaining another 16 paise today to end at over one-month high of 62.16 on persistent selling of dollars by banks and exporters on hopes of capital inflows into domestic markets.

Rupee gains for second day, zooms by 50p at 62.67/$ to end at 4-week high

Rising for the second session, the Indian rupee today climbed by 50 paise to nearly four-week high of 62.67 against the greenback on persistent selling of dollars by banks and hopes of capital inflows in view of a strong equity market.

Rupee gains 40 p to close at 63.17 per dollar

Rupee falls 16 p against the greenback to over one-week low

Month-end dollar demand drags rupee lower by 23p to close at 63.51/$

Wooing foreign firms: Sebi issues IDR conversion guidelines

The total number of IDRs available for fungibility would be fixed before the opening of the window.

StanChart IDRs up 5% as Sebi allows conversion

Indian depository receipts (IDRs) of Standard Chartered were up more than 5 percent after the Securities and Exchange Board of India (Sebi) allowed partial conversion of IDRs into underlying shares.

Sebi to allow partial flexibility for IDR investors

Sebi said investors will have partial flexibility in dealing with Indian Depository Receipts and can convert up to 25 percent of their IDRs into underlying shares in a financial year.