Rupee closes at new low

October 5th, 2009 UN closes offices in Pakistan after attackISLAMABAD — The United Nations says it has temporarily closed its offices in Pakistan following the attack on the World Food Program office in the capital of Islamabad. UN spokesman Ishrat Rizvi said no specific threat had been received and the move was a precaution following Monday's attack that killed three people.

October 4th, 2009 Barge crash closes part of Miss. River for 3 hoursGREENVILLE, Miss.

October 1st, 2009 NEW DELHI - India's exports in the five months since April have dipped 31 percent in dollar terms and 20.4 percent in rupee terms, government data released Thursday said. Imports fell 32.4 percent in dollar terms and 23.9 percent in rupee terms during the same period.

September 30th, 2009 Incyte closes on public offering of 20.7M sharesWILMINGTON, Del. — Incyte Corp., a drug discovery and development company, said Wednesday it has closed on a public offering of 20.7 million shares at $6.75 each.

September 23rd, 2009 Cablevision closes note offeringBETHPAGE, N.Y. — Cablevision Systems Corp.

September 22nd, 2009 Smithfield closes stock offering of 21.7M sharesSMITHFIELD, Va. — Pork processor and hog producer Smithfield Foods Inc.

July 7th, 2009 Prospect Capital closes public stock offeringNEW YORK — Investment firm Prospect Capital Corp. said Tuesday it has completed a public offering of about 5.2 million shares at $9 each, raising $46.6 million in gross proceeds.

May 5th, 2009 MUMBAI - India's rupee Tuesday shot up 62 paise to close at a two-and-a-half month high of 49.30/31 against the US dollar, thanks to sustained capital inflows and the recent rise in the equities markets. During the trade at the Interbank Foreign Exchange (Forex) market, the domestic unit resumed strong at 49.60/62 against the dollar from its previous close of 49.92/94.

May 5th, 2009 MUMBAI - Citibank N.A. today announced the launch of the Preferred Rupee Checking Account, a one-of-a-kind niche offering for Non Resident Indians (NRI).

April 28th, 2009 BANGALORE - A steady weakening of the rupee in the volatile currency market has lowered the consolidated net profit of biotechnology major Biocon group to Rs.93.1 crore in 2008-09 from Rs.464 crore the year before, registering a whopping decline of 80 percent. 'Unpredictable rupee depreciation induced by global economic crisis has adversely impacted our consolidated earnings wherein losses of Rs.147 crore on account of mark-to-market (MTM) were provided,' Biocon chairperson Kiran Mazumdar-Shaw told reporters here Tuesday.

April 21st, 2009 Fed judge in NYC closes piracy suspect's hearingNEW YORK — A federal judge in New York has determined that the sole survivor of a pirate attack on an American cargo ship off the Somali coast is an adult. On Tuesday, prosecutors and defense attorneys argued in a New York courtroom over whether Abdiwali Abdiqadir Muse is a juvenile or an adult.

April 9th, 2009 MUMBAI - The Indian Rupee on Thursday depreciated to an all time low of 50.02 against the US currency. It had ended at 50.20 on Wednesday.

February 27th, 2009 MUMBAI - The Indian rupee touched a new low Friday when it slipped in afternoon trading to Rs.51 against a dollar on heavy demand for the US currency. Around 1:45 p.m., the rupee recovered marginally to 50.73 as state-run banks intervened on behalf of the Reserve Bank of India.

February 16th, 2009 MUMBAI - Gold prices Tuesday zoomed Rs.360 to a record high of Rs.15,200 per ten grams in Indian bullion market on strong global cues and support from a weak rupee. The yellow metal continued its bull run at international markets also as investors kept buying gold amid worsening global economic outlook.

February 15th, 2009 NEW DELHI - The major part of the government's revenue comes from borrowings. Consequently, the biggest chunk of expenditure is on interest payments.