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India's currency News

10 Aug 2017

Rupee loses steam, crumbles 24 paise to crack 64-level vs USD

In line with domestic equities, the rupee on Thursday tumbled by 24 paise to hit a fresh one-week low of 64.08 against the US dollar on heavy demand for the American currency from corporates and importers.

08 May 2017

Remonetisation to expand tax base, says FM Jaitley

Finance Minister Arun Jaitley on Monday said remonetisation, following the world's largest note ban, has been substantially completed and the move will result in expansion of the tax base in the country.

25 Apr 2017

Rupee scales near 21-month high of 64.26 vs USD

The rupee continued its firming trend to log a near 21-month high of 64.26, by surging 18 paise against the US currency on sustained dollar unwinding from exporters and corporates amid positive global cues.

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