Rupee

The rupee posted its biggest single-day gain in more than a month on Thursday as large unwinding of long dollarpositions in thenon-deliverable forwards prompted banks to sell dollars in the spot market.The partially convertible rupee closed at 48.33/34 per dollar, off a high of 48.25, which was its strongest since November 11, and above its previous close of 49.03/04.At its close, the rupee gained

The currency extended a three-week decline after India’s deadliest terrorist attacks in 15 years that lasted almost for four days.Rupee closed at a record low as a slide in equities fueled concern investors will increase sales of local shares. The currency extended a three-week decline after India’s deadliest terrorist attacks in 15 years that lasted almost for four days.Sensex slid 2.8% today

The rupee strengthened after hitting a record low on Tuesday as the domestic stock market pared some losses on bargain buying and as positive U.S. stock futures eased selling pressure.* At 3:48 p.m. the partially convertible rupee was at 50.17/19 per dollar, off a record low of 50.65, and stronger than Monday's close of 50.30/32.* Dealers said the central bank had likely sold dollars around 50.60

Slumdog Millionaire was my family's choice for this year's Thanksgiving movie-going experience, narrowly beating out Quantum of Solace and Australia. I haven't seen the Bond flick or the Aussie show, but after Slumdog I have no doubt in my mind that we made the right decision. Slumdog is a great film, heavy with unrelenting love, genuine joy, and truthful hardship.Directed by Danny Boyle (Sunshine

The Indian rupee depreciated marginally 0.10% to stand at 50.09 against the greenback for the week ended November 28 from the previous week’s close of 50.04. The local unit moved within the range of 49.50-50.10 ...

The Indian Denim Industry is moving ahead towards a positive pace, despite the textile sector being troubled by both domestic and international tribulations. Technological innovations and value additions from generic areas like biotechnology, and nano technology have helped the industry to face the intense competition at the global forefront. Apparently, a sharp depreciation in the Indian currency

Google Adsense Publisher payment is perfect exchange rate for USD dollars to Indian Rupees. Because, USD to Indian Rupees rate is daily changes in stock market. Two months before, Adsense can't send perfect ratio for USD to INR. Google has goofed and equated the American dollar with the value of the Indian Rupee when dealing with the AdSense accounts of some users. The correct exchange rate would

Capital account and, by extension, full convertibility of the rupee has emerged as an often debated issue in the context of the liberalization process in India.It is worth nothing, at the outset, that India is not alone in its endeavor to make its currency convertibility, nor is it the only country which is facing the daunting task of overcoming several hurdles on its way to full currency converti

Extending its losses in sync with the equity markets, the rupee tumbled by 42 paise against the dollar to 50.44/45, after hitting a new record low of 50.55 in early trade, strained by unabated capital outflows amid renewed worries over the US economy.The domestic currency at the Interbank Foreign Exchange (Forex) market recovered marginally to 50.44/45 a dollar from early record lows after the cen

KARACHI: The value of rupee against dollar at the end of the inter-bank market today closed higher by paisa 5 to Rs80.40 for a dollar. Forex market dealers said that the value of rupee stabilizing during the current week restored the confidence of the people, especially the investors. On the other hand, the value of dollar in the open market is seen even lower than that of the inter-bank, as it is

The rupee fell by Rs 1.20 against the dollar, the sharpest single day fall in the recent past, on heavy dollar demand on Wednesday. Currency dealers said rupee came under pressure as FIIs sold heavily in the equity market.This coupled with dollar demand from oil companies and foreign banks looking to make arbitrage gains, drove the rupee down for the second consecutive day.The domestic currency op

MUMBAI (Reuters) - The rupee is expected to edge higher on Monday as firmer Asian stock markets raise expectations of renewed capital inflows and after the Reserve Bank took steps to boost market liquidity. * ...

While for some industries such as IT industry whose major work is done by outsourcing, the rupee depreciation can be quite encouraging, for other import markets this has turned out to be quite a nightmare.Earlier when Rupee value appreciated to less than Rs.40 for a dollar, the exact opposite thing happened. IT industries were been affected and the import industry had a good time with the lower pr

Someone fooled me with a fake 500 rupee note today . Heres the scanned image . It is very very hard to differentiate . The fake one has all the watermarks that you normally use to differentiate . Its the inter weaved ‘RBI’ and the 3D ‘500′ logo that helps to differentiate . If you get [...]

The rupee extended its run of record lows and weakened past 50 per dollar today, as sharp falls in Asian equities point to further capital outflows from local stock markets.

By Anoop AgrawalOct. 22 (Bloomberg) -- India's rupee fell to an all-time low against the dollar as a decline in stocks prompted investors to sell the nation's assets.The currency dropped for a sixth day after the Dow Jones Industrial Average slid 2.5 percent yesterday and Japan's Nikkei 225 Stock Average lost 6.8 percent today. Sales of local equities by global funds have exceeded purchases this y

Rupee slid to its lowest in more than 5-½ years on Monday as local shares dived nearly 6 percent, triggering fears of an accelerated outflow of foreign funds, while dollar demand from importers and oil firms weighed.Rupee ended at 47.80/81 per dollar, 1.5 percent weaker than its 47.0750/0850 at close on Friday. It slumped to 47.85 during the session, its lowest since Feb. 14, 2003.

The Reserve Bank of India has launched an elucidation drive to aware the public about differentiating between fake and genuine currency notes. Details of Following Denominations are given :- 10... Original Blog :

It appears that Google has goofed and equated the American dollar with the value of the Indian Rupee when dealing with the AdSense accounts of some users. The correct exchange rate would be $1 US to 46.555 INR.There is a huge thread going on about it at DigitalPoint.com, and many are saying that they have the same problem. Some say it's probably just a temporary error, and most seem to think that

Press Trust of IndiaThe Indian rupee on Wednesday breached the crucial 45 level for the first time in 22 months to close at 45.11/12, cheaper by 28 paise, against greenback on sustained demand for dollar from banks and oil refiners amid the US currency's rally in overseas market.Foreign exchange dealers said consistent capital outflows from equity markets also weighed against the rupee.Oil refiner

Nifty CMP : 4352Charts Showing Comparision of Sensex Vs USDINR Charts and the 20 day EMACrossover indicates a buy/sell signal. And this charts explain how forex markets are related to Indian Stock Markets. I don't know how to explain since i was novice to forex markets. And the chart says that whenever a buy signal generated in rupeethere is a corresponding sell s

The Indian Rupee opened at Rs 44.57 per dollar versus Rs 44.36 yesterday.

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300 sq.ft. flat at an unbelievable property rate of Rs.999 per sq.ft.: As per the information i received from the customer care telephone number +91 22 6772 7100 of Tanaji Malusare City at Karjat, advertisement will be released in the newspapers informing the places where you can get an application form for booking a three lakh rupee flat (like Tata Nano, one lakh rupee car!). Price of an applicat

Take a 20 rupee note and check it yourself!!!The Scenary you find in a 20 rupee note was originally taken from Mount Harriet Island,Andaman.The Mount Harriet Island National Park is a national park located in Ferrargunj tehsil in the Andaman and Nicobar Islands Union Territory of India. The park covers about 46.62 km² (18.00 mi²).It is named for the wife of Robert Christopher Tytler, a British

The Indian rupee declined on July 15, 2008 (Tuesday) to a one-week low on rising global oil prices leading to deteriorating economic environment and also as Fitch (a rating agency) has lowered its local currency outlook.The partially convertible rupee settled 0.71% down to Rs 43.23/24 a dollar, weaker than Monday`s close of Rs 42.92/93. It hit a 15-month low of Rs 43.50 early this month.

The KSE -100 index slid further downwards today with relatively higher volumes of 13.4 million shares traded. Bank Alfalah’s volume of 4.476 million shares traded today was higher than the total volume of shares traded on Friday. The horizon looks bleaker as the rupee had an enormous slide today(2.5%) closing at 71.80 to the dollar, [...]

Nifty CMP : 4517If you noticed the entired month of June you find that FII's remain the net sellers for the entire month of June upto date.   Why FII's are selling? Did they feel that our market is vulnurable to invest? The Questions are simple to ask but the explainations are difficult? Which i tried to put it in front of you and tried to equate the YEN,USD,RUPEE mismatch to t

The currency of the Zelda series is called the Rupee, and is used in the lands of Hyrule, The Great Sea, Koholint Island, Termina, Labrynna, and Holodrum. Rupees resemble hexagonal crystals or gems, and come in various colors which determine value. Rupees are acquired primarily by defeating enemies, cutting tall grass or bushes, or by opening treasure chests, and they are used primarily to purcha

In early trading in the forex market, the Indian Rupee (INR) breached the Rs. 43 to the US dollar mark. With the crude oil prices rising steadily week on week, the Indian Rupee is expected to further depriciate against the USD. For export houses which had aggressively hedged their positions in the forex derivatives market, this [...]

The Indian rupee rose today as the exporters had to convert their overseas earnings after the India’s currency has been losing significantly to the U.S. dollar in May. The rupee recovered from two days of losses this week as the oil continued to drop today, easing the concerns that the commodity importers will have to sell even more rupees for dollars. On the other hand, large exporters found 13

The million rupee question is, “Picture ki opening kitni lagi?” And when Yash Raj Films’ (YRF) Tashan failed even to garner a decent opening both on domestic as well as foreign shores, people inside and outside YRF were a worried lot. Budgeted at Rs 40 crore, the movie opened with an initial of 52% in the first week, with collections dropping to 35% in the second week. The failure to rea

The spot rupee reached a fresh 13-month low of 42.90 against the dollar following heavy purchase of the US currency by oil companies and banks but recovered to close at 42.51. The rupee-dollar exchange rate of 42.91 is the lowest since April 12, 2007. Friday's close meant that this week, the rupee dropped 2.2 per cent against the dollar, after a 2.3 per cent fall last week. In 2008, the rupee has

The spot rupee reached a fresh 13-month low of 42.90 against the dollar following heavy purchase of the US currency by oil companies and banks but recovered to close at 42.51. The rupee-dollar exchange rate of 42.91 is the lowest since April 12, 2007. Friday's close meant that this week, the rupee dropped 2.2 per cent against the dollar, after a 2.3 per cent fall last week. In 2008, the rupee has

Rupee has come off the highs and is trading at 42.73/$. It touched the high of 42.79/$. Rupee has slipped 1.98% in the last 5 days from 12 May 2008.This is way too high it was like trading at 40 or so a month back , so the IT industry doesn’t have anything to worry [...]

The rupee fell to the lowest level since April 2007 on speculation that record crude oil prices will widen the nation's trade and current account deficits, increasing demand for foreign currencies. The rupee declined for a third day as local refiners increased dollar purchases to pay for imports of crude oil, which reached an all-time high of $126.98 a barrel in New York yesterday. The currency al

source - Times Of India website ---- Indian expatriates in UAE have demanded a compensation package from the Indian government as appreciation of the Indian rupee impacted their remittances back home. The demand follows a study conducted recently by the Centre for Socio-economic and Environmental Studies, Kochi. The study focused on the impact of rupee appreciation on the economy of Kerala, which

Mumbai, The rupee surrendered early gains on Tuesday, hitting fresh one-year lows as it extended the previous session`s sharp fall as banks and companies bought dollars on concerns about a domestic slowdown. At 9:36 am, the partially convertible rupee was at 42.14/42.15 per US dollar, its lowest since mid-April 2007 and … A news by AsianLoveStories.com. [...]

Heavy dollar demand from oil companies and other corporates have pushed rupee down to an eight-month low on Tuesday. The domestic currency opened lower at 40.65 and touched an intra-day low of 40.98/99. It ended the day at 40.96, about 35 paise lower than the earlier close of 40.61/62.International oil price also touched a record high of $121 a barrel on threats to supply in Nigeria and Iraq and growing global fuel consumption. Most oil companies stock up on oil supplies before the monsoon, to avoid the difficulties they could face in transportation. Therefore, the rupee typically weakens in the first quarter of the fiscal.Further there seems to be corporate demand for dollars possibly for remittances abroad. The remittances may be for completing acquisitions overseas. Companies such as Ta

Heavy dollar demand from oil companies and other corporates have pushed rupee down to an eight-month low on Tuesday. The domestic currency opened lower at 40.65 and touched an intra-day low of 40.98/99. It ended the day at 40.96, about 35 paise lower than the earlier close of 40.61/62. International oil price also touched a record high of $121 a barrel on threats to supply in Nigeria and Iraq and growing global fuel consumption. Most oil companies stock up on oil supplies before the monsoon, to avoid the difficulties they could face in transportation. Therefore, the rupee typically weakens in the first quarter of the fiscal. Further there seems to be corporate demand for dollars possibly for remittances abroad. The remittances may be for completing acquisitions overseas. Companies such as

Beating expectations, the Indian rupee on Tuesday tumbled by 34 paise to eight-month low at 40.94/95 against the greenback today as global crude prices hit a new record high, sending oil companies to rush for US currency amidst its short supply.In brisk trade at the Interbank Foreign Exchange market, the local currency resumed weak at 40.67/68 a dollar from its last close of 40.60/61 a dollar and gradually moved downwards to near 41-level during the day.The rupee had seen this level last on September 4, 2007 when it closed at 40.9750/9850.The rupee premiums on forward dollar ended further lower on sustained receivings by exporters.The benchmark six-month forward dollar premiums payable in October ended at 31-1/2 - 33-1/2 paise, down from 33-35 paise on Monday and the far-forward maturing i

KARACHI: The dollar rose sharply against the Pakistani rupee after aggressive buying on Friday.The US currency, which had traded at Rs 64.75 on Wednesday, rose to as high as Rs 65.25 on Friday. A banker told Daily Times that many banks were short of dollars. “They were aggressively buying the US currency, which pushed its value up sharply,” he said. “There were fewer sellers than buyers.” However, he said there was no injection from the central bank.To prevent a sharp slide of the rupee, the State Bank of Pakistan has been intervening in the market in the recent past, which has depleted foreign exchange reserves.Sources said it was all-time low level for the Pakistani rupee. “It shows how weak our economy is at this time. All over the world the dollar is losing value against majo

India's rupee, South Korea's won and Vietnam's dong will weaken as soaring oil and food import bills widen the nations' current-account deficits, said ABN Amro Bank NV. Gains in Asian foreign-exchange rates are ``no longer a given'' and will only be sustained in countries with a strong surplus like China, Singapore and Taiwan, said Irene Cheung, a currency strategist at ABN Amro. The current

The Indian Rupee rose 0.18% against the US Dollar on Apr. 10, 2008.The Reserve Bank of India`s (RBI) reference rate for the US Dollar stood at Rs 39.95 on Apr. 10, 2008, as against Rs 40.02 on Apr. 09, 2008.The domestic currency depreciated 0.43% versus the Euro on the same day. The reference rate for Euro stood at Rs 63.24 on Apr. 10, 2008, as against Rs 62.97 on Apr. 09, 2008.As revealed in the table below, the local currency appreciated 0.17% against the Great Britain Pound (GBP), and 1.18% against the Japanese Yen (taking into account 100 Yen). Date Currency 1 GBP 100 YEN Apr. 9, 2008 78.7774 39.12 Apr. 10, 2008 78.9112 39.58 Note :The reference rate is based on 12 noon rates of a few select banks in Mumbai. The SDR-Rupee rate will be based on this rate.

The Indian Rupee remained steady against the US Dollar on Apr. 3, 2008.The Reserve Bank of India`s (RBI) reference rate for the US Dollar stood at Rs 39.95 on Apr. 3, 2008, as against Rs 39.98 on previous day i.e. Apr. 2, 2008. While, the domestic currency moved down 0.39% versus the Euro on the same day. The reference rate for Euro stood at Rs 62.49 on Apr. 3, 2008, as against Rs 62.25 on Apr. 2, 2008. As revealed in the table below, the local currency depreciated 0.41% against the Great Britain Pound (GBP), and 0.84% against the Japanese Yen (taking into account 100 Yen). Date Currency 1 GBP 100 YEN April 2, 2008 79.0904 39.17 April 3, 2008 79.4166 38.84 Source: RBINote: The reference rate is based on 12 noon rates of a few select banks in Mumbai. The SDR-Rupee rate w

Today when I was just going through the various materials and other my fellow blogger reviews about the market today and know their views and ideas how it going to be tomorrow, i came across this wonderful point one of fellow blogger( thank your siva) had made. By going to the site i was quite surprised to see how much fantastic and help full this resource could be for those who are just staying away from market due to fear and lack of knowledge. This is the very same technique i used to make myself accustomed with market and shares and the trends, and still i do it at times of crisis when the market is volatile and some thing extraordinary is catching up, but the only difference is i do it on my own with my own style with papers. This is a good platform for t

The rupee improved by another seven paise to 40.44/45 against the US dollar in late morning deals on the back of sharp recovery in equity markets and expectations of fresh capital inflows after US Federal Reserve interest rate cut last night. In quite trade at the forex market, the local currency opened remarkably higher at 40.36/38 a dollar from yesterday's close of 40.51/52 a dollar. Dealers attributed rally in the rupee to sharp surge in Asian equity markets. Later, the rupee was quoted slightly lower but still up at 40.44/45 in late morning deals.

The Indian Rupee gained 0.37% against the US Dollar on Mar. 18, 2008. The Reserve Bank of India`s (RBI) reference rate for the US Dollar stood at Rs 40.62 on Mar. 18, 2008, as against Rs 40.77 on previous day i.e. Mar. 17, 2008. Similarly, the domestic currency appreciates 0.60% versus the Euro on the same day. The reference rate for Euro stood at Rs 64.09 on Mar. 18, 2008, as against Rs 64.48 on Mar. 17, 2008. As revealed in the table below, the local currency rose 0.98% against the Great Britain Pound (GBP), and 0.29% against the Japanese Yen (taking into account 100 Yen). Date Currency 1 GBP 100 YEN March 17, 2008 82.1047 41.90 March 18, 2008 81.2989 41.78 Source: RBI Note: The reference rate is based on 12 noon rates of a few select banks in Mumbai. The SDR-Rupee r

The Indian Rupee dropped 0.79% against the US Dollar on Mar. 17, 2008. The Reserve Bank of India`s (RBI) reference rate for the US Dollar stood at Rs 40.77 on Mar. 17, 2008, as against Rs 40.45 on previous day i.e. Mar. 14, 2008. Similarly, the domestic currency depreciates 2.03% versus the Euro on the same day. The reference rate for Euro stood at Rs 64.48 on Mar. 17, 2008, as against Rs 63.20 on Mar. 14, 2008. As revealed in the table below, the local currency gains 0.18% against the Great Britain Pound (GBP), but weakened 3.92% against the Japanese Yen (taking into account 100 Yen). Date Currency 1 GBP 100 YEN March 14, 2008 82.2551 40.32 March 17, 2008 82.1047 41.90 Source: RBI

After his latest blockbuster movie ' Sivaji -- The Boss,' which kept cash registers ringing not... [This is a content summary only. Visit my website for full links, other content, and more]

1) thisisrupee.com 2) You Never Know 3) Festival Again 4) Uh Oh 5) Skin 2 Skin 6) Victory 7) If I Can't If You Only Knew [feat. Destra] 9) Enjoy Yourself [feat. Red Rat] 10) Helpless 11) Hold Me Tight 12) Tempted To Touch 13) thiswasrupee.com 14) D.T.D.T [Bonus] 15) Skin 2 Skin [Bonus] [Drew's Mix]Descargar: caymanzmami

INR has been doing so well for the past one year or so to the extent that $1 USD was equal to Rs.38 INR sometimes. However in the recent days the USD has been doing good against INR and the rupee value as on today is Rs.39.91 against $1 USD which is good for the NRI in the US while it certainly is not good for Indian economy. At times I feel whether to be happier for folks in the US or to feel sad that the inflation is more in India.

The rupee slipped in early deals on Monday on concerns that losses in Asian markets should prompt overseas investors to pare holdings in local assets, amid fears of a recession in the United States, dealers said.At 9:15 am the partially convertible rupee was at 39.345/355 per dollar, slipping from the previous finish of 39.29/31. It struck a decade-high of 39.16 in November.Shares fell for a fifth successive day as global gloom prevailed with Friday's drop of 3.5 per cent taking the market's losses for the week to 8.7 per cent, its biggest weekly slide since May 2006.In 2007, foreign fund buying of a record $17.4 billion of stocks was a key driver for the rupee's rise of more than 12 percent. Foreigners sold about $1.1 billion worth of shares on Wednesday and Thursday, weighing on the loca

WowSMS : A rupee is easy 2 earn Stats : 1 Post http://www.wowmails.com

The sector that has been a fence sitter throughout the spectacular stock matter rally, is Information Technology (IT), whose main concern has been the appreciation of the Rupee, which breached the... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Rupee finally breached the psychological mork of 40 to touch 39.85 against the dollar, a nine year high!!! It closed today at 39.89. Rupee a better bet than the stock markets then??

NEW DELHI: Rupee-millionaire club in Bangalore is the most crowded in India. The IT capital of India has the largest number of households with income of Rs 10-lakh (per year) and above. With 3.3% of the total 31,17,843 households in the country earning...(read more)

Yesterday, I looked at the performance of five international equity markets including Australia, Canada, Korea, Hong Kong, and Japan. This was an update to my post, How currency appreciation compounds the returns on foreign equities for U.S. investors. With the exception of Japan’s Nikkei 225, all of these equity markets outperformed the S&P 500 in [...]

NRIs park their foreign currency savings in either the non-resident (external) rupee accounts (NR(E)RA) and the foreign currency non-resident (bank) accounts (FCNR(B)). Of these, the FCNR (B) deposits do not involve any exchange-related arbitrage since the accounts are denominated in foreign currency. A rising rupee appears to have failed to catch the attention of NRIs. A stronger rupee gives

The Statesman: Rupee at nine-year high against $Excerpt:"The rupee today came close to breaching the 42 per dollar level as it strengthened further to a nine-year high of Rs 42.0325 against the US currency during mid-session. It was last quoted at this level in June 1998."http://www.thestatesman.net/page.news.php?clid=12&theme=&usrsess=1&id=153754Alex

I was sitting with my pakistani friend. he had recently visited pakistan. He told me while he was walking in the bazaar he saw one beggar who was begging with a professional way. He took pity and gave him a one pak rupee …. he was surprised when the begger returned him back the coin… later he was told by some one that beggars accept minimum of RS 5.00……..Interesting…… Be sure you have Rs 5.00 to give to begger.

I was sitting with my pakistani friend. he had recently visited pakistan. He told me while he was walking in the bazaar he saw one beggar who was begging with a professional way. He took pity and gave him a one pak rupee …. he was surprised when the begger returned him back the coin… later he was told by some one that beggars accept minimum of RS 5.00……..Interesting…… Be sure you have Rs 5.00 to give to begger.

From the Oanda forum: The following new pairs are available on FXGame: EUR/TRY (Euro/Turkish Lira) USD/TRY (US Dollar/Turkish Lira) USD/INR (US Dollar/Indian Rupee) USD/TWD (US Dollar/New Taiwan Dollar) USD/CNY (US Dollar/Chinese Yuan) Please note that these pairs are being deployed on a beta basis as we work through operational issues ensuring the stability of underlying bank links. To add these new pairs, you will have to clear you Java cache by following the instructions here: http://fxtrade.oanda.com/help/clear_cache.shtml You will then have to add the new pairs by accessing the Tools -> "User Preferences" -> Quotes (tab) And adding them to your "Quote List".Goodie! It means these exotic currency crosses will be there for us to trade on FXTrade real soon. Will update on Monday to give you the spreads and interest rates of these new pairs.

The Sensex hit a rock bottom of 7,697.39 and the Nifty hit a rock bottom of 2,252.75 before staging a remarkable recovery. This recovery was I guess due to some opportunistic buying, some short... ...

The Indian stock markets are down as is the case with other global markets. The Sensex is down 442 points at 10,241 and Nifty is down 152 points at 3,082. Asian markets hit 4 year lows today on the... ...