The currency has been pinned near record low levels for much of the week amid a rise in US bond yields
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
The higher weightage for Indian equities, effective on Friday, is expected to draw up to $3 billion of inflows