The Indian Rupee (INR) follows a market-determined exchange rate, with no fixed target or specific range. Its value is ...
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 ...
This asymmetry in the behaviour of the nominal exchange rate led to an overall devaluation of the rupee throughout the ... constraint that emerged in the Indian economy since the latter half ...
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The Reserve Bank of India has implemented new rules to facilitate the use of the rupee in international trade and investment. These regulations allow overseas branches of authorised banks to open ...
The Reserve Bank of India (RBI) on Thursday (January 16, 2025) announced liberalised norms to encourage use of Indian Rupee and local/national currencies to settle cross border transactions.
The Reserve Bank of India on Thursday announced liberalised norms to encourage use of Indian Rupee and local/ national currencies to settle cross border transactions. The decision comes at a time when ...
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 ...
To further encourage the use of the Indian rupee (INR) in international trade, the Special Rupee Vostro Account (SRVA) was introduced in July 2022. Several foreign banks have since established SRVAs ...
The Reserve Bank of India (RBI) on Thursday announced liberalised norms to encourage use of Indian Rupee and local/ national currencies to settle cross border transactions. The decision comes at a ...
However, positive domestic equity markets resisted a sharp fall in Indian currency, forex traders said. At the interbank foreign exchange, the rupee opened at 86.42 and slipped further to 86.44 ...