Free Press Journal
  • Rupee sinks to new low of 72.91, drops 22 paise against US dollar

    Mumbai: The rupee Wednesday collapsed to a lifetime low of 72.91 against the dollar at the interbank foreign exchange market. The domestic currency was quoting 22 paise lower at a fresh record low of 72.91 against the US dollar in morning trade amid surging crude oil prices and uanabated foreign fund outflows.

  • RBI likely to conduct OMO this week to ease liquidity

    Mumbai : The Reserve Bank of India (RBI) is likely to conduct an open market operation (OMO) purchase this week to infuse liquidity into the banking system, which is further going to tighten on account of advance tax payments, say bankers.

  • rupee against dollar

    Rupee ends higher by 28 paise vs dollar

    Mumbai: The rupee ended higher by 28 paise at 61.42 against the US currency on fresh selling of dollars by banks and exporters on persistent foreign capital inflows into equity market.