Rs may hit 70+ levels to the $

RBI is unlikely to stem the slide against the dollar as the greenback is rising rapidly against all currencies in the world.Anup Roy/Business Standard reports from Mumbai.Illustration: Uttam......

Rupee should weaken, but may not help exports: Experts

Going by the real effective exchange rate, the rupee is overvalued Amid the debate about whether the rupee should be depreciated sharply to benefit exporters, currency market participants are not......

Rupee falls as GDP growth drags, risk bets off on Ukraine

The Indian rupee fell the most in nearly two weeks on Monday after data showed India's economy grew slower than expected and as military tensions in Ukraine hit emerging market assets, sending......

Sebi nod to yen, euro and pound

Markets regulator Securities and Exchange Board of India today allowed exchanges to introduce currency futures in three more currencies -- euro, yen and pound. According to estimates by market......