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Topic: Rupee

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In the News (Sat 20 Jul 19)

  Rupee - LoveToKnow 1911
A silver coin of 175 grains Troy, called tanka, approximating to the rupee, was struck by the Mahommedan rulers of Delhi in the 13th century; but the rupee itself, of 179 grains, was introduced by Sher Shah in 1542.
The weight of the rupee (one Iola) is also the unit upon which the Indian standard of weights is based.
Therefore a lakh of rupees, which before 1873 was worth Lio,000, is now only worth £6666, and a crore of rupees, which was formerly a million sterling, now only amounts to £666,666.
www.1911encyclopedia.org /Rupee   (177 words)

 Rediff On The Net Business Commentary: Dilip Thakore warns of the danger of a falling rupee
If the rupee hasn’t depreciated to the extent of the won, baht and the ringgit, this is not the consequence of the inherent strength of economy or astute economic management.
The prime factor behind the relative stability of the rupee is the lack of national self-confidence resulting in procrastination on the issue of the full convertibility.
If the rupee had been convertible on the capital account as the currencies of the beleaguered Southeast Asian nations are, there would have been a massive flight of capital which would have been seen the value of the rupee drop like a stone into a deep abyss.
www.rediff.com /business/dec/19dilip.htm   (995 words)

 Atlantic Records - Rupee Photos   (Site not responding. Last check: 2007-11-07)
He is Rupee and he is an artiste extraordinaire.
After winning the Bajan Road March title with “Jump” Rupee went on to break barriers and set records all over the world, capturing similar titles in New York for Labour Day 2000, (one of the largest festivals in the world with an estimated three million people attending), Miami, Boston and Toronto carnivals and more.
Now Rupee is on a new path : One that he has worked for throughout his musical career and for which he carries another dream – to take Soca music to the world.
www.atlanticrecords.com /rupee/about   (889 words)

 Rupee on the fall in new fiscal year -DAWN - Business; 17 August, 2004   (Site not responding. Last check: 2007-11-07)
This depreciation in the rupee value in less than one-and-a half months is much larger than the 0.5 per cent loss the local currency had suffered against the dollar in the entire fiscal year July-June 2003-04.
This trend continued and the rupee lost another 42 paisa or 0.7 per cent of its value to a dollar in July 2004, the first month of the new fiscal year.
Indian Rupee: Whereas Pakistani rupee or PKR lost 80 paisa or 1.4 per cent value to a US dollar between July 1 and August 10, 2004, the Indian rupee or INR also lost 48 paisa or slightly more than one per cent value against the dollar during this period.
www.dawn.com /2004/08/17/ebr13.htm   (1622 words)

 Rupee - Music Downloads - Online   (Site not responding. Last check: 2007-11-07)
Bio: Soca sensation Rupee (born Rupert Clarke) got his start with the Barbadian reggae group Coalishun, which he joined in 1997 after strong showings at area talent contests.
Though he began as a chanter in the dancehall style, Rupee soon discovered calypso song, and in 1998 wrote the international soca hit "Ice Cream." The song launched his solo career, and he issued three successful solo albums in the early 2000s.
Rupee made his Atlantic debut in late November 2004 with the album 1 on 1, which included the international hit "Tempted to Touch." ~ Johnny Loftus, All Music Guide
musicstore.connect.com /artist/583/Rupee/1033566.html   (187 words)

 Indian Rupee   (Site not responding. Last check: 2007-11-07)
Rupee is the name given to the official currency that is used in several countries including India, Bhutan, Pakistan, Sri Lanka, Nepal, Mauritius, Maldives and Indonesia.
Earlier the rupee coins were made up of silver and that is where this name ‘rupee’ is derived from as the word ‘rupyakam’ means silver coin in the Sanskrit language.
The Indian rupee was adopted as a sole currency of the country and the use of all other domestic coinage was put to an end.
www.crnindia.com /currency/rupee.html   (1286 words)

 The Telegraph - Calcutta : Business   (Site not responding. Last check: 2007-11-07)
However, commerce ministry mandarins feel the rupee should be allowed to weaken further against the greenback, pushing it closer to the 46.75-mark, to help exporters, especially business process outsourcing firms.
The rupee has been weakening partly because of rising oil prices, which have hit $78 a barrel, and partly because of the rising current account deficit, which will be around 1.5 per cent of GDP this year.
A continuous rupee depreciation is widening the country’s trade deficit, which is likely to hit $70 billion by the end of 2006-07.
www.telegraphindia.com /1060717/asp/business/story_6488085.asp   (492 words)

 India: Where is the rupee heading?
This is closest to the level the rupee was on Dec. 27, 2001, when it was trading at 48.20 to the dollar.
The point to note is that although undervaluation of the rupee has happened in the past, it used to be a result of weakness of the greenback.
However, analysts say, RBI is facing a lot of pressure from exporter lobbies, especially from the software sector, to let the rupee depreciate, as the strengthening of the currency has impacted their earnings significantly this year, as bulk of their revenues is in US dollars.
www.arabnews.com /?page=6§ion=0&article=20631&d=25&m=11&y=2002&pix=business.jpg&category=Business   (652 words)

 Issue of the Indian Rupee Bond - ADB.org   (Site not responding. Last check: 2007-11-07)
ADB intends to use the proceeds of this issue to lend in rupees to Indian entities in the private sector, primarily for infrastructure projects.
A portion of the proceeds may also be used to lend in rupees to Indian entities operating in other sectors such as health care and housing finance.
These rupee loans will provide the most effective protection against exchange rate risk, particularly as the revenues generated under these projects will be in rupees.
www.adb.org /Documents/Speeches/2004/ms2004008.asp   (799 words)

 Rupee - Currency or SOCA - Exploring relations between India and Israel
Rupee showed weakness against all major currencies in the local currency market and remained in negative territory throughout the week.
Rupee shed more value on Wednesday as the greenback, opening at Rs60.68, kept scoring gains and was changing hands at Rs.60.72 at the close of markets.
The rupee slide against the US dollar continued on Friday as the latter, kicking off trading at Rs.60.70, continued to gain and was changing hands at Rs60.72 when markets closed for the day.
www.rupee.us   (1633 words)

 Lanka - Tale of the Silver Rupee
The sicca rupee had a weight of 180 grains with a silver content of 176 grains troy and 4 grains was an alloy, which specifications remained unaltered till 1935 and by which time had been increased to 192 grains.
This rupee was called the 'arcot rupee' and though at first it was lighter in weight1 was later raised to 180 grains with a silver content of 165 grains troy in 1818.
The value of this rupee in 1803 and 1822 was 1 rix-dollar, 18 pices and a shillings 3 1/2 pence or 1 rix-dollar, 3 fanams and 2 5/7 pices respectively.
lakdiva.org /coins/silver_rupee.html   (1436 words)

The Pakistani rupee and the Indian rupee are subdivided into one hundred paise or pice (singular ''paisa'') and the Nepalese rupee can be subdivided into one hundred paisa or pice (both singular and plural) or four Sukas (sing.
However, in the Bengali and Assames languages, spoken in Assam, Tripura, and West Bengal, the Rupee is known as a Taka, and is written as such on Indian banknotes.
Large denominations of rupees are often counted in lacs or lakhs (100,000) crores (10,000,000) and arabs (Abja in Marathi) (1 billion).
www.artistopia.com /rupee   (610 words)

 Rupee instability
The downward pressure on the rupee continued during the subsequent week, despite an effort on the part of the RBI to sell dollars from its reserves to moderate the decline of the rupee against the dollar.
If despite such pressures the rupee had traded at a price ranging from 35.70 to 35.85 to the dollar over the last year, it was only because of intervention by the RBI and its purchase of dollars that were added to its reserves.
Days before the rupee's slide, the Deputy Governor of the RBI had announced to a gathering of foreign exchange dealers that the rupee was in fact overvalued.
www.flonnet.com /fl1418/14181110.htm   (1705 words)

 Rupee Biography - AOL Music
Soca sensation Rupee (born Rupert Clarke) got his start with the Barbadian reggae group Coalishun, which he joined in 1997 after strong showings at area talent contests.
Though he began as a chanter in the dancehall style, Rupee soon discovered calypso song, and in 1998 wrote the international soca hit "Ice Cream." The song launched his solo career, and he issued three successful solo albums in the early 2000s.
That exposure prompted Atlantic Records to sign Rupee in late 2003, after the success of fellow Atlantic artist Kevin Lyttle had proven the eminent marketability of the addictive soca sound.
music.aol.com /artist/rupee/670695/biography   (185 words)

 The Telegraph - Calcutta : Opinion
Arguably, with India’s macro fundamentals and high growth rates, as a long-term trend, the rupee should appreciate against the dollar in real terms.
Fifth, it is a figment of the imagination that the exchange rate is completely market-determined, since it is subject to intervention by the Reserve Bank of India, and one suspects that the RBI is happy to see the rupee slide a bit.
Rupee depreciation reduces pressures for protectionism and enables one to reduce tariffs, without adverse effects on customs revenue.
www.telegraphindia.com /1061211/asp/opinion/story_7122345.asp   (317 words)

 Rupee : interview
Fusion is the focus of Rupee's music and his self-proclaimed vision is to take soca music to as wide an audience as possible.
Rupee remains remarkably calm and focused in the face of these attacks, articulating his response without even the slightest hint of anger or annoyance.
The most pointed response Rupee can make to his critics is that his music is in fact perfectly representative of his heritage.
www.musicomh.com /interviews/rupee.htm   (979 words)

 The Hindu : External factors put pressure on rupee
The value of the rupee is keenly watched by the central bank and the movements are dictated by fundamentals.
The authorities believe that gradually weakening rupee is good for the Indian economy since it boosts India's exports and curtails imports which, also protects the domestic industry from foreign competition and pursue a policy to that effect.
The rupee kept falling steadily culminating to an historical low against the dollar at 46.92 on October 30 till the external factors seem to be changing in favour of the rupee.
www.hindu.com /2001/01/03/stories/0603000c.htm   (1182 words)

 Rupee – Music at Last.fm
Rupert Clarke (born September 10, 1975), best known by his stage name Rupee, is a soca musician from Barbados.
He was born in military barracks in Germany to a German mother and a Barbadian father, who was serving in the British armed forces at the time.
Rupee was the inspiration for the name of my blog.
www.last.fm /music/Rupee   (793 words)

 CIOL : News : Tackling a stronger rupee   (Site not responding. Last check: 2007-11-07)
Other IT companies when asked about rupee options were either unaware of the same or had not looked into the choice properly yet—indicating that the market has not responded to rupee options enough for anyone to come out with an accurate prediction for its future relevance.
The appreciating rupee is a relatively new phenomenon to a country whose industries have been used to working on a depreciating rupee for over a decade now.
However, in case the rupee continues to appreciate, companies would then certainly have to explore newer areas and remedies—from charging a higher price to setting up operations in other geographies and increasing offshore activities to reduce the component of rupee cost.
www.ciol.com /content/search/showarticle1.asp?artid=49432   (1580 words)

 Chapter RUBLE <i>to</i> RUPEE of R by The Hobson Jobson Dictionary
Rupees were struck in Bombay at a very early date of the British occupation.
The Rupee at Madras (where however the standard currency was of an entirely different character, see PAGODA) was originally that of the Nawab of the Carnatic (or ‘Nabob of Arcot’) and was usually known as the Arcot Rupee.
These examples will give some idea of the confusion that prevailed (without any reference to the vast variety besides of native coinages), but the subject is far too complex to be dealt with minutely in the space we can afford to it in such a work as this.
www.bibliomania.com /2/3/260/1285/20200/3.html   (878 words)

The rupee once again took the driving seat this week and managed to recover grounds which it had lost last week.
The rupee started fresh week on the overnight weak note but soon proceeded in the positive direction by first recovering some lost grounds and then adding further to the same through out.
A mix trend was observed in the price of yen against the rupee this week and the currency continued to behave under its international markets.
www.forexpk.com /kalpoint/kki/code/ver5.0/rupee_in_flash.asp   (361 words)

 Rupee slightly weaker-Forex-Markets-The Economic Times   (Site not responding. Last check: 2007-11-07)
The rupee opened the day at 44.26/28 weaker than yesterdays close at 44.1250 and now it’s eased from three-month high as the dollar extended gains after the European Central Bank left interest rates unchanged and data showed US trade deficit narrowed.
Still, the rupee has gained about 1.7 percent against the dollar in 2006 helped by net foreign fund investment of $587 million in Indian stocks in the first seven trading days and the dollar's overseas losses.
Rupee might move in the range of 44.25-35.
economictimes.indiatimes.com /articleshow/1370678.cms   (453 words)

 Rupee sinks to all-time low of 40.77
Mumbai, May 14: The rupee touched a historic low of 40.77/80 against the dollar on Thursday in the aftermath of the tough US sanctions.
After opening at 39.77/78 (against the Wednesday's closing level of 39.77/78), the rupee went through the roof and pierced the psychological barrier of 40 on heavy import covering led by the SBI and a clutch of foreign banks within hours of opening the market.
The SBI was buying dollars after the rupee crossed the 40-mark and was quoting at 40.75 when it made an about-turn and started to sell dollars at40.60.
www.expressindia.com /fe/daily/19980515/13555394.html   (634 words)

 The Hindu : Rising rupee's hidden messages
But once the rupee's appreciating trend becomes pronounced, there would be an increasing clamour from among those affected to either check the rupee's rise or mitigate its consequences through some well known sops (interest rate reduction?).
A strong rupee also can partially mitigate the consequences of the large oil import bill, although right now it is the oil companies, which are acting as a buffer.
The rupee appreciation is mostly driven by capital inflows, which have caused a mismatch between demand and supply of foreign currency.
www.hindu.com /2004/04/03/stories/2004040305861600.htm   (899 words)

 Brewer, E. Cobham. Dictionary of Phrase & Fable. Rupee.
Shaw, G.B. Stein, G. Stevenson, R.L. Wells, H.G. Reference > Brewer’s Dictionary > Rupee.
Since the depreciation of silver the value of a rupee is considerably less.
In 1870 an ounce of silver was worth 60 1/2d.; in 1876 it fell to 49d.; to-day (May, 1895) it is quoted between 58d.
www.bartleby.com /81/14643.html   (86 words)

 Dollar Rupee, The Indian Rupee Market, Dollar Indian Rupee Forecast, Dollar Rupee Market, Daily Rupee Forecast -
The bad news is that Dollar-Rupee volatility has increased.
You can also take a 15-day FREE trial of our twice-daily "Rupee Update" service.
Or, you could choose to outsource your entire FX Exposure Management to us.
www.kshitij.com /inr/inr1.shtml   (316 words)

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