The rupee appreciated 14 paise to 73.25 against the American currency in early trade on Monday tracking weak US dollar and sustained foreign fund inflows into the domestic equity market
The rupee appreciated 7 paise to 74.26 against the US dollar in early trade on Wednesday supported by foreign fund inflows and optimism surrounding trade the deal between the US and China
The rupee surged 15 paise to 74.17 against the US dollar in opening trade on Tuesday tracking positive domestic equities and weak American currency
The rupee slid 5 paise to trade at 74.89 against the US dollar in opening deals on Monday due to rise in demand for the American currency from banks and importers
India's policymakers have been increasingly concerned about the growing heft of the rupee trades in venues overseas, and GIFT City as the hub is known, seeks to fill that gap
Reiterates the view that they should not be regarded as currency
The rupee settled 7 paise higher at 75.58 against the US dollar on Monday supported by weak American currency and easing crude prices even as the equity market was trading in the negative territory.
By including the yuan in its basket of leading currencies, the IMF gave China a legitimacy it did not deserve
They have also directed their accountants to deposit cash balances of Rs 2,000 notes in banks
The RBI bought has about $18 billion of foreign exchange since the end of September.
London has become the biggest center for trading the Indian currency, according to the latest survey by the Bank for International Settlements in September.
Having hard-currency assets overseas can be fruitful if the rupee falls
But whatever you do, be prepared to hold on to your positions and keep your nerve
Asian currencies such as the Indian rupee and Indonesian rupiah, which have been sold off, are favoured
The US dollar is universally accepted
Other countries include Germany, Korea, Switzerland and Taiwan
Carry dollars in cash if you are going to a country whose currency is not popular
The rupee on Thursday plunged by 17 paise to close at 67.07 on fresh dollar demand
The dollar's volatility increased ahead of the US election
CISF personnel intercepted the Nigerian travelling to Coimbatore from New Delhi