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Kumar Kavikondala

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Rupee falls to nearly 1-month low of 61.72 vs dollar, down 17 paise

The rupee had finished lower by four paise at 61.55 against the American unit in Thursday's trade on renewed dollar demand from banks and importers. The Indian rupee on Friday fell for the second......

Rupee gains 35 paise to hit 1-week high of 61.05

Rising for the fourth straight session, the rupee on Thursday rose by 35 paise to end at over one-week high of 61.05 against the dollar on persistent selling of the US currency from banks and......

Gold ETFs going out of favour with investors

The rally in the equities market and adverse regulatory changes on gold import have hit the exchange-traded funds offered by mutual funds. Once popular, gold exchange-traded funds (ETFs) now seem......

Rupee loses 23 paise to end at 3-week low

Falling for the fourth day in succession, the rupee today dipped by 23 paise to close at nearly three-week low of 59.38 against the dollar amidst the RBI announcing an SLR cut that is......

Rupee ends down 8 paise Vs dollar

The rupee on Friday extended losses and fell by eight paise to end at 59.11 against the dollar dragged down by month-end importer demand of the US currency. It lost 59 paise in the past five......

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