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Today's Rate Hawala transaction fraud cases NRI Banking NRI Foreign Exchange   2013: Rupee closed at 59.57 against its previous day's close at 58.71. It touched a high of 59.50 intra-day. The Indian rupee appreciated by four paise to 49.16/18 against the US currency in morning trade on Wednesday Rupee recovers partly, still down 18 ps vs dlr- The domestic currency bounced after touching a low of 49.20 a dollar and was quoted at 49.00/02 a dollar at 1030 ....Read Jan12, 2009: The Indian rupee appreciated 22 paise against the US currency in early trade after ending at a five-week low of 49.12/14 NRI deposit in Gujarat Banks continue to grow Nov 17, 2008: CII for removal of interest rate cap on NRE deposits Nov 13, 2008: Rupee drops by another 57 paise against USD in early trade Oct. 21, 2008: Rupee remains steady in early trade Oct. 18, 2008: Rupee falls to 48.89 against US dollar at 1200 hrs Aug 22: The Indian rupee appreciated further by nine paise to 43.43/44 against the US currency on Friday in anticipation of continued intervention by the central bank in favour of the domestic unit amid a surge in crude oil prices. July 10 :Rupee gains 13 paise at 42.99/43.00 against a dollar According to RBI, remittance inflows from overseas Indians reached $29 billion in 2006-07 from $2.1 billion in 1990-91 Dollar shortage to continue in India & rupee fell to close at 40.52/53 - Rupee hits lowest level since October 2001 Bank of Baroda and Dena Bank revise NRI deposit rates:The Bank of Baroda and Dena Bank, today revised the interest rates of non resident external (NRE) term deposits and foreign currency non resident .......Read More NRI's FCNR and NRE deposit rates cut by Indian Bank Stronger Rupee decreased NRI's deposits by more than $400 million during the first quarter of 2007-08 RBI has been struggling to work out a way- Where the Indian rupee is heading to June 01, 2007: State Bank of India hikes NRI term deposit interest rates May 07, 2007: What Does a Stronger Rupee mean to Indian exporter May 05, 2007: What Does a Stronger Rupee/Weaker Dollar Mean to NRIs April 03, 2007: Punjab National Bank revised the interest rates of NRI deposit Feb.28, 2007: Rupee strengthens vs dollar- Rs 43.04/05 a dollar Feb.19, 2007: Rupee reacts downward at close after firm start Jan 15, 2007: PNB hiked interest rates on fixed deposits, FCNR, NRE rates Jan 09, 2007: Rupee weakens eight paise against dollar     May 03: SBI hikes NRI term deposit interest rates (08_06) Apri, 18: NRI deposit-Interest rate ceiling increased March 02, 2006: Rupee continued to gain- Rs 44.35/36 per dollar, the Rupee strengthened further to 44.3350/3450 per dollar, higher from Wednesday's close of 44.36/37 per dollar. The Rupee gained two paise yesterday and nearly eleven paise on Tuesday. Oct. 10, 2005: Rupee close at 44.88 to the dollar- new 11-month low & NRI deposits have turned negative because of higher global interest rates (3) New Dlhi, July 31: NRI Arjun Singh from Dubai arrested at New Delhi Airport for smuggling Rs 8.6m foreign currencies Mumbai, April 27, 2005: The Rupee today strode to a new five-week closing high of Rs 43.6700/6750 per dollar