Tanzania Becomes 18th Country To Accept Trade Settlement In Rupee, Indian Currency Going Global??
The US Dollar dominates the global currency market. But now it may soon have a new entrant. Indian rupee is edging closer to becoming an...
Tag : Rupee
Editorial with Sujit Nair: Will Indian Rupee Replace US Dollar?
by Sujit Nair
The US dollar, Euro, Japanese Yen, British Pound, and to a lesser extent the Chinese Yuan currently hold the distinction of being an international currency....
Pakistani Rupee Sees Highest 1-Day Fall In 20 Years
by ANI
The Pakistani rupee saw its biggest one-day decline in over two decades on Thursday, The country’s currency fell 9.6 per cent against the dollar New...
“Rupee Fared Relatively Well Versus Other Emerging Market Currencies”: World Bank
by ANI
The World Bank has revised India’s 2022-23 GDP growth forecast upward to 6.9 per cent from the earlier estimate of 6.5 per cent, due to...
Rupee depreciates 48 p to close at 81.26 versus dollar
by ANI
Mumbai: The Indian rupee rallied during early session on Monday and depreciated 48 paise to close at 81.26 versus the US dollar, tracking the flat...
“RBI Could Continue To Intervene In Forex Markets If Uncertain Rate Hike Continues”: MOFSL
by ANI
With a view to preventing a steep depreciation in the rupee, the RBI typically intervenes in the market through liquidity management, including through the selling...
Kejriwal’s Solution For Falling Rupee, BJP Slams The Idea
by Aleesha Sam
Delhi Chief Minister Arvind Kejriwal on Wednesday made an appeal to the Centre to put the photos of Lord Ganesha and goddess Lakshmi on currency...
“Rupee Still Stronger In Comparison To Other Currencies”: Analyst Sunil Shah
by ANI
“Foreign capital will help in stabilising the rupee,” says Sunil Shah New Delhi: Market analyst Sunil Shah on Thursday said even though the rupee as...
Headlines: Rupee Slides To Another Record Low, Hits 83.08 Against US Dollar
by Arti Ghargi
The rupee hit a new record low of 83.08 against a resurgent dollar early on Thursday, after breaching the 83-mark for the first time ever...
Business Tit-Bits: A Strong Dollar and The Weakening Rupee
“Dollar is strengthening incessantly. So obviously, all other currencies are performing against the strengthening dollar.,” said FM Nirmala Sitharaman. In this episode of the Business...