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Home Tag Archives: rupee

Tag Archives: rupee

Rupee trades marginally higher against US dollar

By Loknath Das
August 8, 2018
in :  Finance
Comments Off on Rupee trades marginally higher against US dollar

So far this year, the rupee has weakened 7%, while foreign investors have sold $410.30 million and $5.62 billion in equity and debt markets, respectively. Photo: Mint Mumbai:The Indian rupee on Wednesday was trading marginally higher against the US dollar, tracking gains in local equity markets. At 9.12am, the rupee was trading at 68.64 a dollar, up 0.05% from its …

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India: short term effects of rupee demonetisation could hit outbound market

By subhadip
January 3, 2017
in :  Education
Comments Off on India: short term effects of rupee demonetisation could hit outbound market

On November 8, the government announced that the ₹500 and ₹1,000 notes – the two largest value bank notes in the currency – will no longer be legal tender, with almost immediate effect. “Eventually it’s going to be more positive. On the shorter term it’s going to be a little bit negative” The decision was made by Prime Minister Narendra …

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Falling rupee to boost earnings of TCS, Infosys and other IT companies

By Dona Smith
August 17, 2015
in :  Technology
Comments Off on Falling rupee to boost earnings of TCS, Infosys and other IT companies

The rupee’s sudden fall in the past few days may prove to be an added advantage for software exporters who are betting big on the improving outsourcing demand in the US and Europe. The rupee traded at 65 per US dollar on Friday. This is 2.5% depreciation from the average rupee level of 63.4 at the end of the June …

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