The Indian rupee fell to a record low on Monday after U.S. President Donald Trump slapped tariffs on imports from the country ...

The Indian rupee (INR) dropped to an all-time low of Rs 87.1450 per dollar, down 0.6% from Friday. It may be noted that the ...

The dollar index was up 0.3% at 109.8, while Asian currencies weakened, with the offshore Chinese yuan down 0.5% at 7.35 per ...

Against Euro, the PKR lost 88 paise for buying and 1.32 rupee for selling, closing at 289.83 and 293.34, respectively. Against UAE Dirham, the PKR lost 1 paisa for buying and remained unchanged ...

This asymmetry in the behaviour of the nominal exchange rate led to an overall devaluation of the rupee throughout the 2010s decade as reflected in Figure 1. In the post-COVID period ...

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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 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 ...

Residents outside India can use the balances in their repatriable INR accounts, such as the Special Non-resident Rupee Account (SNRA) and SRVA, to settle legitimate transactions with other ...

The rupee has been falling like a knife – and several economists now believe that it can rip up hopes of an interest rate cut by the Reserve Bank of India in February. The pundits have been ...