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 Indian central bank was likely selling dollars via state-run banks to support the rupee on Thursday, as the currency ...
The Indian rupee’s plunge to a record low, breaching the critical 86-per-dollar mark, has fuelled speculation about whether the Reserve Bank of India (RBI) will reassess its stance on cutting ...
The Reserve Bank of India (RBI) on Thursday announced steps to encourage cost-border transactions using Indian Rupee and local/ national currencies. These liberalised norms come at a time when ...
Trump Tantrum: Impact of new US presidency on Indian Rupee likely to be short-lived, says SBI Report
A SBI report suggests that the ‘Trump Tantrum’ impact on the Indian rupee will be short-term, with stabilisation expected after the initial volatility. (Photo by Indranil Mukherjee / AFP ...
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 time ...
The sharp devaluation of the rupee ... value of sales and the total variable cost. Figure 4 shows the trend in the markup for 1908 sample firms in the Centre for Monitoring Indian Economy (CMIE ...
Muscat: Indian rupee witnessed the steepest fall in the last two years on Monday to hit a record low of 86.59 against US dollar. The money exchange houses offered 224.05 for one Omani rial. Speaking ...
The Reserve Bank has already signed Memorandum of Understanding (MoU) with the central banks of the United Arab Emirates, Indonesia and Maldives to encourage cross-border transactions in local ...
The Indian rupee opened marginally down on January 16 at 86.42 against the US dollar after ending the previous session at 86.3625. After opening lower, the local currency made some recovery to ...
MUMBAI, Jan 16 (Reuters) - The non-deliverable forwards indicated that the Indian rupee is unlikely to recover more on Thursday despite renewed hopes that the U.S. Federal Reserve may cut interest ...
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