Tag: rupee
Rupee rises 18 paise to 81.93 against US dollar in early trade
The rupee gained 18 paise to 81.93 against the US dollar in early trade on Thursday tracking the broad weakness of the American currency in…
rupee: UAE emerges as alternative to rupee trade with Russia
Mumbai: With the provision of rupee-settled trades gaining acceptance at a slow pace, India and Russia are increasingly opting to route goods operations through third…
forex: India’s forex reserves rise $5.98 billion to $578.78 billion
India’s foreign exchange reserves rose $5.98 billion to $578.78 billion as on March 24, 2023, Reserve Bank of India (RBI) data showed on Friday. Data…
commerce: India ready to trade in INR with countries facing currency crises, says Commerce Secy Sunil Barthwal
India is ready to trade in Indian Rupee (INR) with countries which are facing currency failure or have dollar shortage, said Commerce Secretary Sunil Barthwal…
Rupee finds temporary ease as India’s current account deficit shrinks
Economists are lowering their forecasts for India’s current-account shortfall, thanks to favorable trade trends that are proving to be a blessing for the rupee —…
Rupee falls 12 paise to 82.35 against US dollar in early trade
PTI | | Posted by Shobhit Gupta The rupee depreciated by 12 paise to 82.35 against the US dollar in early trade on Tuesday, amid…
Currency in circulation at Rs 31.22 lakh crore as of March 2022
The currency in circulation has gone up to Rs 31.33 lakh crore in March 2022, from Rs 13 lakh crore in 2014, finance minister Nirmala…
rupee volatility: Need better rupee volatility management to deal with risks of internationalisation: RBI Deputy Governor
India needs to gear up to manage the exchange rate volatility as the country progresses on the path of internationalisation of rupee and freer capital…
Indian importers hedge less, assured by RBI’s rupee support, data suggests
Indian importers are taking less insurance against foreign exchange fluctuations, data indicates, on expectations that the central bank will continue to intervene to keep the…
rupee: More Asian countries interested in Rupee trade: Central bank executive
More Asian countries, such as Indonesia and the United Arab Emirates, are showing interest in using the Rupee as a trading unit, potentially reducing dependence…