Tag: rupee dollar

In Graphics: Post-dated clearing of cheques is history

Economy
The Reserve Bank of India’s new real-time cheque clearance system, aimed at improving ef ciency, is facing glitches, with some customers complaining about delays. ET takes a look back at how cheques have evolved over...

Currency watch: Rupee rises 7 paise to 88.72 against dollar; domestic markets and crude oil support gains

Business
The rupee strengthened by 7 paise to close at 88.72 against the US dollar on Friday, buoyed by positive domestic market trends and a broad decline in crude oil prices, PTI reported. Forex...

RBI purchases bonds via OMO, while managing market sentiments

Stocks
The Reserve Bank of India (RBI) began its first leg of liquidity infusion with an open market operation (OMO) purchase of Rs 20,000...

Indian exporters chasing quick buck stung as rupee slide unravels exotic trades

Economy
The lure of quick profits drew some Indian exporters to an exotic option structure when the rupee was rangebound. A handful of them...

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