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3 mins read
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…
2 mins read
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
1 min read
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
2 mins read
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
1 min read
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
1 min read
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
2 mins read
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
2 mins read
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
1 min read
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
2 mins read
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
3 mins read
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
1 min read
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
1 min read
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
2 mins read
Shaktikanta Das receives award for A+ grade in Central Bank Report Cards 2024 in USA
The Central Bank Report Cards, published annually by Global Finance since 1994, grade the central b…
1 min read
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
2 mins read
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
2 mins read
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…
PTI
3 mins read
People in China continue to buy gold even as the currency remains weak!
Record-high gold prices driven by global uncertainties and central bank rate cuts lead to increased…
Huileng Tan
2 mins read
The Fed's lack of innovation with the dollar means China, India, and others will dominate the digital currency race
US policymakers are miscalculating the resources it takes to keep up with rival digital currencies,…
Phil Rosen
1 min read
IREDA's GIFT City branch to give special foreign currency loans for green projects
Indian Renewable Energy Development Agency Ltd (IREDA) has opened an office in GIFT City at Gandhin…