Importers

Showing 1 of 18 from 18 results
Importers - Total results - 18
Rupee falls 11 paise to 70.93 amid steady rise in oil prices, dollar demand; pares early gains despite Sino-US trade deal
Business

Rupee falls 11 paise to 70.93 amid steady rise in oil prices, dollar demand; pares early gains despite Sino-US trade deal

At the interbank foreign exchange market, the rupee opened on a strong note at 70.80 a dollar.

Rupee gains 15 paise to 68.51 on late selling of dollar by banks, importers; rising oil prices restrict local currency's rise
Business

Rupee gains 15 paise to 68.51 on late selling of dollar by banks, importers; rising oil prices restrict local currency's rise

The rupee resumed almost flat at 68.65 per dollar as against the last closing level of 68.66 at the Interbank Foreign Exchange market.

Rupee slips 22 paise to 69.73 in early trade on rise in demand for greenback from importers, banks
Business

Rupee slips 22 paise to 69.73 in early trade on rise in demand for greenback from importers, banks

Forex traders said the strengthening of the greenback vis-a-vis other currencies overseas and weak opening in domestic equities added pressure to the rupee.

Rupee slips 9 paise to 69.20 in early trade on increased demand for greenback from importers, banks
Business

Rupee slips 9 paise to 69.20 in early trade on increased demand for greenback from importers, banks

Forex dealers said, strengthening of the American currency in the overseas market weighed on the rupee.

Rupee falls 19 paise to 69.15 in early trade on crude oil price rise, increased demand for greenback from importers
Business

Rupee falls 19 paise to 69.15 in early trade on crude oil price rise, increased demand for greenback from importers

At the interbank forex market, the rupee opened lower at 69.11 and weakened further to 69.17 on increased demand from importers.

Rupee falls 17 paise to 73.44 against dollar in early trade; increased demand in US currency from importers
Business

Rupee falls 17 paise to 73.44 against dollar in early trade; increased demand in US currency from importers

Traders said the US dollar's strength against some currencies overseas and a lower opening in the domestic equity markets also weighed on the local unit.

Rupee softens 9 paise against US dollar in early trade; rise in demand for US currency from banks, importers
Business

Rupee softens 9 paise against US dollar in early trade; rise in demand for US currency from banks, importers

The rupee had lost 26 paise to close at 73.83 Monday after crude prices rose amid intensifying geopolitical tensions.

Rupee slumps 26 paise to close at historic low of 71 for first time against US currency
Business

Rupee slumps 26 paise to close at historic low of 71 for first time against US currency

The rupee on Friday slumped by 26 paise breach the historic low of 71 level for the first time against the US currency due to firming crude oil prices and strong month-end demand from oil importers.

Rupee weakens further; hits fresh record low of 70.82, drops 23 paise against dollar on strong month-end demand for US currency
Business

Rupee weakens further; hits fresh record low of 70.82, drops 23 paise against dollar on strong month-end demand for US currency

At the Interbank Foreign Exchange (Forex) market, the rupee opened a tad higher at 70.57 a dollar from its previous close of 70.59 but slipped to hit a fresh low of 70.82, down by 23 paise.

Rupee slides 49 paise to end at record low of 70.59 on heavy US dollar demand from importers, foreign capital outflows
Business

Rupee slides 49 paise to end at record low of 70.59 on heavy US dollar demand from importers, foreign capital outflows

Consistent US dollar demand from banks and importers, mainly oil refiners, following higher crude oil prices, kept the rupee under pressure, dealers said.

Rupee sinks to new low of 70.52, slumps 42 paise against US dollar on strong month-end demand for American currency
Business

Rupee sinks to new low of 70.52, slumps 42 paise against US dollar on strong month-end demand for American currency

The rupee on Wednesday collapsed to a lifetime low of 70.52 by plunging 42 paise against the dollar on strong month-end demand for the American currency amid foreign fund outflows

Rupee crashes to lifetime low of 69 per dollar: Drop has market talking, but RBI intervention can trigger reversal of direction
Business

Rupee crashes to lifetime low of 69 per dollar: Drop has market talking, but RBI intervention can trigger reversal of direction

The RBI has to step in now and send signals. Else, the assumption will be that a weaker rupee is acceptable as it provides a boost to exports.

PNB scam: By killing LoUs, RBI is throwing baby out with bathwater; why punish traders for own failure?
Business

PNB scam: By killing LoUs, RBI is throwing baby out with bathwater; why punish traders for own failure?

Terminating LoUs altogether is no solution. On the contrary, it is counter-productive

Rupee down 10 paise at 67.84/$ in early trade; firm greenback, demand from importers weigh
Business

Rupee down 10 paise at 67.84/$ in early trade; firm greenback, demand from importers weigh

Foreign investors withdrew Rs 1,095 crore on net basis from stocks markets on Monday

Rupee falters to a near two year low; slides 24 paise to 65.34/$ in early trade
Business

Rupee falters to a near two year low; slides 24 paise to 65.34/$ in early trade

Rupee has dropped 136 paise, or 2.13 percent, in the last seven trading sessions

Rupee hits new 11-month low, falls to 57/$ despite curb on gold import
Economy

Rupee hits new 11-month low, falls to 57/$ despite curb on gold import

Dealers will watch for the IIP for April set to be released on June 12, and WPI data for May due on June 14 for direction.