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India money News

20 Jun 2014

Indian money in Swiss banks rise to over Rs 14,000 cr

The funds held by Indians with banks in Switzerland rose by over 40 percent during 2013, from about 1.42 billion Swiss francs at the end of previous year.

17 Jun 2014

Rupee at a fresh six-week low of 60.50 against USD

The price rise of essential food items like vegetables, fruits and cereals, pushed up inflation to five-month high of 6.01 percent in May.

09 Jun 2014

RBI steps in to check rupee gains: Traders

The Reserve Bank of India was spotted buying dollars via state-run banks starting around 58.99-59.00, three traders said, continuing its heavy intervention to curb strength in the rupee.

06 Jun 2014

Rupee rises most in a fortnight, up 16 p Vs $ to end at 59.17

Dollar selling by exporters also aided the rupee rise while the dollar index was up marginally.

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