New Delhi: Is a ‘strong’ rupee necessarily good for India? In the Diwali weekend, a discussion on the dollar-rupee exchange rate highlights the volatility of Indian currency. The rupee’s value ...
The partnership will enhance the country’s capacity to explore and develop its offshore resources, bringing with it significant benefits for PNG’s economy and the industry. Mr Maladina signed the ...
But there's another currency making waves, especially in certain pockets of the world—the Indian Rupee (INR). With a population of over 1.4 billion and a rapidly growing economy, the INR is ...
(Close view of Indian bank notes, rupee arranged for photograph. Photo Source: Vijay Sartape/ NDTV Profit) The Indian rupee closed at a record closing low against the US dollar on Wednesday as the ...
MUMBAI, Oct 23 (Reuters) - The Indian rupee held its ground on Wednesday, supported by mild dollar sales by state-run banks that also blunted the impact of rising U.S. bond yields, which dragged ...
The agreement, signed in November 2022, focuses on the use of the digital rupee for remittances and trade. India's CBDC pilot boasts over five million users and involves 16 participating banks.
Sell-off pressure from foreign institutional investors and geopolitical tensions have taken the rupee to over 84 to a dollar. Listen to Story A falling rupee has once again begun to trouble ...
The Indian rupee, which fell past 84 to the dollar to hit a new record low this month, is on a downward path as geopolitical risks boost oil prices and as money flows out of local stocks amid a ...
Investopedia / NoNo Flores The Indian rupee (INR) is the currency of India. INR is the International Organization for Standardization currency code for the Indian rupee. The currency symbol for ...
MUMBAI, Oct 18 (Reuters) - The Indian rupee hit its all-time low on Friday pressured by equity outflows but managed to avert a sharp fall on account of sustained dollar sales from state-run banks ...