While the US election may have a "sizeable impact on equities, the RBI is likely to keep rupee volatility in check," a trader with a large private bank said
While the US election may have a "sizeable impact on equities, the RBI is likely to keep rupee volatility in check," a trader with a large private bank said
The currency has been pinned near record low levels for much of the week amid a rise in US bond yields
Overseas investors have sold $8.4 billion of Indian stocks so far in October, a reversal from the $8-billion inflows last month
Government's crackdown on foreign currency smuggling led to a convergence of official and informal rates, stabilising the rupee
In a special tribute, the exchange's oldest customer wins the first free flight ticket
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Importers, including local oil companies, were spotted buying dollars, traders said
Ahead of the official roll-out, Botim will introduce a pre-registration form for its 9 million users
The currency saw some relief after hovering close to the 84 mark for much of the week