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Latest Articles in indian currency
India Makes First Payment In Indian Currency To UAE For Crude Oil
India and the UAE entered a deal in July allowing trade to be settled in rupees rather than dollars, supporting India's aim to reduce transaction costs by doing away with dollar translations
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Rupee Goes International: Journey Of Indian Currency Since 1947
Banks from 22 countries have opened special Rupee vostro accounts in Indian banks in order to trade in local currency as part of gradual de-dollarisation plans
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Sri Lanka's To INR To Alleviate Currency Crisis
The benefit of settling in INR was also discussed by the participating banks, including quicker timescales, cheaper exchange rates, and simpler access to trade credits, among other factors
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No Change In Existing Currency And Banknotes: RBI Clarifies
RBI has given this information by tweeting and issuing a press release
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Indian Rupee Jumps 30 Paise Against US Dollar To End Day At 75.24
The local unit opened at 75.43 against the greenback and witnessed an intra-day high of 75.22 and a low of 75.44.
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Rupee Drops By 18 Paise To 75.78 Against Dollar On Forex Outflows
The local unit pared some of the losses in the closing session to end at 75.78 (provisional), its lowest closing level since June 22, 2020.
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Rupee Plunges By 37 Paise Against Dollar On New COVID Variant Worries
A level above 75 will clear the way for 75.68, the weakest level of the year, Parmar said, adding that "now, the support has been shifted from 73.80 to 74.30".
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Rupee Slips 16 Paise To 74.55 Against US Dollar In Early Trade
The rupee opened on a weak note at 74.48, then lost further ground and touched 74.55 against the American dollar, registering a decline of 16 paise from the last close.
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Rupee Gains 7 Paise To End At 74.45 Against US Dollar
At the interbank forex market, the local unit opened at 74.36 against the greenback and later settled at 74.45, higher by 7 paise over its previous close of 74.52.
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Rupee Recovers 12 Paise To End At 74.96 Against US Dollar
The local unit opened at 75.05 against the greenback and witnessed an intra-day high of 74.95 and a low of 75.17 during the day trade.
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Rupee Declines 16 Paise To 75.52; Extends Losses For Third Day
The local currency opened at 75.41 and witnessed an intra-day high of 75.16 and a low of 75.66 against the US dollar in the day trade.
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Rupee Falls 6 Paise To 75.42 Against US Dollar In Early Trade
The rupee also touched a high of 75.32 against the American currency. On Monday, the rupee slid by 37 paise to close at a 15-month low of 75.36 against the US dollar.
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Rupee Slips Below 75/USD Level In Early Trade
At the interbank foreign exchange, the rupee opened on a weak note at 75, then fell further to 75.15, registering a decline of 36 paise from its last close.
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Rupee Rises 22 Paise To 74.76 Against US Dollar In Early Trade
Forex traders said market participants remain cautious also ahead of the important RBI policy statement that is scheduled to be released this Friday.
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Rupee Plummets 54 Paise To Close At 74.98 Against US Dollar
The local currency opened at 74.63 and witnessed an intra-day high of 74.54 and a low of 74.99 against the US dollar in day trade.
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