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RBI cuts rates to 5.5% amid easing inflation; rupee stays flat as peers rise, eyes on US trade deal and oil risks.
The Indian Rupee (INR) weakens against the US Dollar (USD) for the second straight day on Wednesday, as a firmer Greenback and disappointing Indian PMI figures weigh on sentiment.
The proposal suggested allowing the domestic banks and their foreign branches to lend in rupees to non-residents in neighbouring countries like Bangladesh, Nepal, Sri Lanka, and Bhutan.
Rupee falls 1.5% Vs dollar, posting worst one-day decline in a month amid India-Pakistan tensions RBI has likely intervened via state-run banks to support the rupee as the conflict between India ...
The Digital Rupee is more of a statement of intent than an innovation in technology. It is a sign that India will soon be entering an era when digital finance will be reliable, inclusive, and ...
Indian Rupee (INR) crosses trade mixed at the start of Monday, according to FXStreet data. The Euro (EUR) to the Indian Rupee changes hands at 96.56, with the EUR/INR pair declining from its ...
As RBI cuts interest rate, INR comes under immediate pressure Dubai: The Indian rupee is under pressure again, trading at 22.58 to one dirham, as the central bank cut interest rates by another 0. ...
As US President Donald Trump's "Liberation Day" tariffs threaten to upend the global trade system, China has offered to import more Indian products and strengthen trade cooperation.
The rupee has rallied since then, hitting a two-month high of 86.20 this week, while hedging costs have declined to 6.00/6.20 rupees, resulting in a more favourable environment for firms seeking ...
The UAE dirham's strength against the Indian rupee is set to reduce food prices by up to 15%, benefiting consumers with cheaper imports. Learn how this currency shift impacts inflation and trade ...
Dubai: The Indian Rupee dropped to another lowest ever point today, at 23.82 to the dirham (87.51 against dollar). It also raises the real possibility of the rupee breaching the 24 mark to dirham ...
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 ...
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