Coinbase makes a major play for India’s booming $3 billion crypto market with local currency launch
Nasdaq-listed Coinbase exchange announced Monday a major market move: the launch of direct rails for Indian rupees (INR).Starting June 1,...
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Indonesia and India intervene to prop up weakening currencies
The economies of both countries are grappling with higher oil prices caused by the US-led war against IranPublished Fri, May...
India’s RBI plans expansion of digital rupee through welfare schemes, cross border payments
By Ashwin Manikandan MUMBAI, May 29 (Reuters) - The Reserve Bank of India is planning to expand the digital rupee...
India’s forex reserves fall to over one-year low as central bank mounts rupee defence
MUMBAI, May 29 (Reuters) - India's foreign exchange reserves fell to a more than one-year low of $681.4 billion in...
Taiwan Overtakes India as World’s Fifth-Largest Stock Market
(Bloomberg) -- Taiwan overtook India in stock market value, powered mainly by a breakneck rally in the world’s largest chipmaker...
Why rupee is among the most vulnerable Asian currencies
The Indian rupee faces significant vulnerability among Asian currencies, with leading financial institutions Barclays and MUFG forecasting a potential depreciation...
India’s central bank sold net $9.8 billion in March as Iran war battered rupee, bulletin shows
MUMBAI, May 22(Reuters) - The Reserve Bank of India sold $9.76 billion in the foreign exchange market in March on...
Asian Currencies Hit by Iran War, Adding to Economic Strain
The Indian rupee and the Philippine peso have fallen to record lows. Japan and South Korea have spent billions propping...
India central bank not in favour of rate hikes to defend rupee, prioritises inflation, sources say
By Ira Dugal and Jaspreet KalraMUMBAI, May 22 (Reuters) - India's central bank does not see interest rate hikes as...
Asia’s currencies are flashing the oil shock alarm
SINGAPORE – Asia’s policymakers are taking increasingly urgent and unusual steps to shore up their economies on the front line...
