News India Currency: Convert Indian Rupee To Angolan Kwanza
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News India Currency: India: No peace for rupee, mighty dollar thunders on; currency has fallen over 10% this year
Rising oil prices in a strong dollar has resulted in Indian currency touching a record low this morning, crossing the 82 against a dollar mark for the very first time.
News India Currency: No peace for India's rupee as mighty dollar thunders on: Reuters poll
India's rupee will trade near its record low against the mighty greenback beyond this year, buffeted by rising oil prices and an aggressive U.S. Federal Reserve rate-hiking campaign, according to a Reuters poll of FX strategists.
News India Currency: RBI explores benefits and risks of digital currency: What is e-Rupee and why do we need it
India, Oct. 9 -- On October 7, 2022, the Reserve Bank Of India released a detailed concept note that puts forward the "objectives, choices, benefits and risks" related to legalising the Central Bank Digital Currency (CBDC). India's digital currency will be referred to as eRs. or digital Rupee. It comes as a critical development in developing a digital version of the Indian currency. While you might come across several rumours or misinformation...
News India Currency: As NFT gaming picks up in India; what is the role digital currency is expected to play
The Indian NFT gaming industry which is still at a nascent stage ... or through completion of targets in exchange for cryptocurrency rewards. Typically digital currency is used to trade on a ...
News India Currency: India's cenbank intervenes to defend rupee - traders
India's central bank likely sold $700 million dollars to prop up the rupee on Thursday as it plunged to a record low, according to three traders, amid broad based selling in Asian currency markets. The rupee fell as much as 0.5% to 77.63 to the dollar, its second record low in less than a week. The Reserve Bank of India (RBI) intervened both in the spot and the futures market when the rupee hit 77.55-77.60, the traders, who did not want to be identified, told Reuters.
News India Currency: India halts Ka-31 helicopter deal with Russia
India asked to buy Ka-31 helicopters from Russia in May 2019, but the acquisition program faced inordinate delays due to the coronavirus pandemic and the platform’s high price tag.
News India Currency: Indian rupee hits record low, market watches for cenbank to intervene
The Indian rupee weakened on Tuesday, to touch a record low of 77.73 versus the dollar, tracking broad gains in the U.S. currency alongside weakening in offshore markets, with traders watching the domestic share market for clues to fund flows.
News India Currency: Fuel, Rice, Currency Swap: How India Is Helping Sri Lanka Amid Crisis | 5 Points
Sri Lanka crisis: India has come forward to help Sri Lanka which is reeling under deep economic crisis with more protests were being planned throughout the country on Sunday, as anger over shortages of essential foods, fuel and long power cuts boiled over.
News India Currency: Russian FM Sergei Lavrov heads to India; Currency swap, oil, payment mechanisms on the agenda
According to sources, the focus of talks will of course be on currency swap, expected delay in the delivery of military equipment and spare parts from that country, the impact of the Western sanctions as well as crude supply.
News India Currency: Russia's Cold War-era currency deal with India to avoid dollar-based trade could return next week
"Now that the whole of the West is banning Russia, there will be a lot of opportunities for Indian firms to enter Russia," an export group told CNBC.
News India Currency: The Path to India’s Central Bank Digital Currency
India is set to welcome its own digital currency in the near future. What are the building blocks of the Reserve Bank of India's Central Bank Digital Currency and what will the path to a CBDC look like?
News India Currency: Lucknow Police busts fake currency racket, five held
Lucknow Police busted a fake currency racket by arresting five people on Wednesday and recovering fake currency notes with face value of Rs 81,000 from the accused.
News India Currency: India's forex reserves to face $256 billion overseas debt challenge in next 12 months
External debt worth $256 billion matures over the next 12 months, according to the September data released by the finance ministry. This is about 43 per cent of the September external debt outstanding ...
