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SBI report projects 8-10% depreciation in rupee during Trump’s second tenure as US President
The State Bank of India predicts the Indian rupee could depreciate by 8-10% against the US dollar i…
Maldives President Muizzu met with PM Modi in Delhi today. Here’s how it went!
New initiatives like RuPay card payments and a currency swap agreement have been introduced, with b…
Currency notes with Anupam Kher picture used to con bullion trader of 2.1 kg gold
Thakkar filed a complaint with the Navrangpura police station, detailing how he was tricked into…
PTI
India's forex reserves hit record $666.85 billion, driven by surging gold and foreign currency assets
India's foreign exchange reserves have surged to a record high, reaching a new peak of $666.85 bill…
ANI
India is most favoured nation for investment, with growth safety and stable currency, says Piyush Goyal
Invoking the Indian business community to invest in India, Union Minister for Commerce and Industry…
ANI
RBI to allow opening of rupee account outside India
The RBI said it has finalised a strategic action plan for 2024-25 and envisaged liberalisation …
PTI
India's forex reserves jump USD 4.3 billion, hit new all-time high of USD 655.8 billion
India's forex reserves jumped USD 4.307 billion to a new all-time high of USD 655.817 billion for t…
PTI
Rupee opens flat against US dollar in early trade
At the interbank foreign exchange market, the local unit moved in a narrow range. It opened at …
PTI
Rupee turns flat at 83.73 against US dollar in early trade
At the interbank currency exchange, the domestic currency opened at 83.74 and inched up to trad…
PTI
Potential Trump win could bolster dollar that could impact India, but RBI to stay focused on India’s needs: Barclays Report
This potential shift has raised concerns for some central banks in emerging markets across Asia, wh…
India's forex reserves jump by USD 3.66 bn to USD 641.59 bn: RBI
For the week ended April 5, the reserves had hit an all-time high of USD 648.562 billion, follow…
PTI
Rupee recovers 5 paise from all-time low to 83.65 against US dollar in early trade
At the interbank foreign exchange market, the local unit opened at 83.66, and touched an early …
PTI
Rupee falls 1 paisa to all-time low of 84.40 against US dollar in early trade
The Indian Rupee hit a new all-time low against the US dollar, reaching 84.40 due to foreign fund o…
PTI
Rupee hits record low of 84.23 against US dollar amidst US elections 2024
The Indian rupee hit a record low against the US dollar due to foreign fund outflows and a strong d…
De-dollarization is a fad that will backfire on countries trying to move away from the greenback, currency expert says
Dollar dominance is sticking around for at least the next few decades, one currency expert told Bus…
Jennifer Sor
RBI, Bank Indonesia sign pact to promote use of local currencies for bilateral trade
The Reserve Bank of India and Bank Indonesia (BI) on Thursday signed a Memorandum of Understanding …
PTI
Crypto currencies have no underlying value, says RBI official
Crypto currencies cannot be referred to as "currencies" as they have no underlying value, a central…
PTI
Rupee declines 5 paise to 83.43 against US dollar in early trade
At the interbank foreign exchange, the domestic unit opened weak at 83.39 against the greenback and…
PTI
In second consecutive week of decline, forex kitty drops $2.28 bn to $640.33 bn
In September 2021, the country's forex kitty had reached a high of USD 642.453 billion, which w…
PTI
Rupee falls 7 paise to settle at 83.35 against US dollar
The rupee declined 7 paise to close at 83.35 (provisional) against the US dollar on Friday as a str…