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Information with guidelines on how to apply for NRI account, NRI rupee checking account, NRI rupee account, NRE account, NRE rupee account and NRI accounts in different Indian banks for NRIs.

Indian Rupee lower at 61.93 per dollar Trade4taret daily news on the indian Rupee and Indian market so daily visit our blogs for stock tips , share market and about Indian market. The partially convertible rupee opens at 61.93 per dollar compared with its previous close of 61.88

The rupee was a tad up at 66.73 in the evening session on bouts of dollar selling by banks and exporters amid bearish dollar overseas. The rupee weakened by 3 paise to 66.77 against the dollar at the Interbank Foreign Exchange market today. It hovered in a range of 66.78 and 66.70 before quoting at 66.73, up 1 paise at 5 pm local time. The rupee had gained 28 paise against the American currency to settle at a nearly two-month high of 66.74 yesterday on persistent dollar selling by banks and exporters on hopes of foreign capital inflows into the equity market.

The domestic currency has gained 26 paise, strengthened to a near 19-month high on Monday, in line with other firming currencies amid increased capital inflows by foreign funds into the stock markets.

Strengthening Indian rupee once again made China, Bangladesh's number one trading partner.

Commerce and Industry Minister Anand Sharma on Monday said that rupee appreciation has not yet posed a major concern for exports and there is no need for the Reserve Bank of India to stem rupee appreciation right now.

The Indian rupee appreciated for the second straight day on likely overseas funds inflow into local stocks, while bond yields dropped to fresh six-week low tracking a sharp fall in US Treasury yields, dealers said

Gold and silver juFree-Trial-Logo-copymped prices in the capital market after announcing US federal reserve policy in US . According to these policy the share also touch at 20621 points it breaks all 3 years record. Rupee was strong and close at 61.70 at lower side .But when we talk about today market totally opposite as its last trading session .gold silver slips to their prices and shre market also trade on lower side . Rupee is open at 62.05 rs per dollar price

The government has said it is not concerned over the rupee gaining against the US dollar and would prefer to wait and watch as the situation is fluid now.

The rupee appreciation has hurt the competitiveness of Indian exports and further appreciation should be prevented, said Chandrajit Banerjee, Director General, the Confederation of Indian Industry (CII) in New Delhi recently.

Indian rupee is at its multi month low and experts are expecting more fall. TheEquicom Research provides your stock market news and updates after a deep technical research. Visit our website and take free trial.

Petrol and diesel prices in India touched their highest levels today mainly due to fall in rupee and a sharp rise in crude oil rates. Petrol price in Delhi rose to Rs 79.15/liter and diesel climbed to a fresh high of Rs 71.15, according to price notification of state-owned fuel retailers.

The strengthening of rupee against the dollar in past few months might have squeezed the margins of profit of exporters during the

Rupee's impressive rise above 11 percent against the European Euro in 2010, could possibly eat away at the profits of several textile firms, and further reduce India's already dwindling trade with the European Union (EU).

Exporters will face losses, if the government is not intervening immediately. Around 40 percent exporters likely to close down their shops.

The industry body FIEO forecast challenges for the exporters if the rupee continued appreciating in the future. Global trade is expected to

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Putting spotlight on structural reforms in India, NITI Aayog Chief Executive Amitabh Kant on Thursday said that the country has taken a series of steps including the GST enactment and demonetisation of 500 and 1000 rupee notes with a focus to achieve sustainable growth rate of 9-10% in the coming three decades.