Gaurav Pai

Stories by Gaurav Pai

Rupee ends steady; trade data has little impact

Rupee ends steady; trade data has little impact

Rediff.com   16 Jul 2014

Weakness in other currencies against the dollar overseas, after US Fed indicating interest rates could rise earlier than expected as the jobs market picking up, also put pressure on the local unit, forex dealers said.

Rupee ends lower as dollar demand offsets shares recovery

Rupee ends lower as dollar demand offsets shares recovery

Rediff.com   15 Jul 2014

Forex dealers said besides dollar's gains against other currencies overseas, increased demand from oil importers for the US currency put pressure on the rupee.

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