Ever wondered how the Indian government earns and where the money is ultimately spent? We break down the numbers for you in ...
India's foreign exchange reserves halted a seven-week losing streak and rose to $629.56 billion as of Jan. 24, coming off ...
The Reserve Bank of India's $5 billion 6-month dollar/rupee buy-sell swap auction was oversubscribed five-fold on Friday, ...
Explore why the USD/INR exchange rate has jumped to a record high and what to expect later this year as the RBI starts ...
A vermilion dot on the forehead is one of India’s most widely accepted Hindu cultural insignias. But at the festival, where millions are flocking to pray and bathe at the confluence of India’s holy ...
The rupee dropped to 86.57 against the US dollar due to consistent dollar demand from oil importers and persistent foreign ...
The Global Trade Research Initiative warns that the weakening Indian Rupee is increasing import costs, particularly in high-import sectors like electronics and machinery. Despite the belief that a ...
At the start of the week, the rupee witnessed its steepest fall in almost two years. The strong jobs data in the US, pointing towards slower pace of rate cuts, and resurgence in global crude oil ...
The Reserve Bank of India (RBI) is aiming to make the Rupee more popular in global trade as the Indian currency continues to weaken against the US Dollar. On Thursday, the RBI proposed several key ...
The Pakistani rupee marginally improved against the US dollar, appreciating 0.05% in the inter-bank market on Friday. At close, the currency settled at 278.71 after a gain of Re0.15 against the ...
To encourage greater use of Indian Rupee (INR) for trade transactions, in July 2022, an additional arrangement in the form of Special Rupee Vostro Account (SRVA) was introduced. Follow Us Trending ...
The spectre of imported inflation through the falling rupee is a challenge before the Monetary Policy Committee of the Reserve Bank of India even as several analysts are banking on a rate cut in ...