RBI to conduct $10 billion forex currency exchange to infuse liquidity in India’s banking system
The Reserve Bank of India (RBI) will conduct a three-year US dollar-rupee buy-sell swap auction of $10 billion on 28...
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India’s forex reserves drop $2.54 billion to $635.721 billion
Snapping the three-week rising streak, India's forex reserves dropped by USD 2.54 billion to USD 635.721 billion in the week...
India’s FX reserves rise to over one-month high on revaluation gains – Markets
MUMBAI: India’s foreign exchange reserves rose for a third straight week to more than a one-month high of $638.26 billion...
FM Nirmala Sitharaman attributes rupee fall to global dollar strength, cites Raghuram Rajan | India News
FM Nirmala Sitharaman attributes rupee fall to global dollar strength, cites Raghuram Rajan | India News | Onmanorama
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RBI gives nod for 156 vostro accounts with 26 banks for rupee trade – India TV
Image Source : PTI The Reserve Bank of India. In a significant step towards boosting bilateral trade in local currencies,...
Rupee slides 12 paise to 87.58 ahead of policy – Market News
The rupee on Thursday depreciated 12 paise to close at 87.578 to a dollar, as expectations for a 25-basis-point rate...
Banking beyond borders: Can US citizens open accounts in India?
Transferring money from India to a foreign account can be cumbersome. Additionally, if the payment exceeds ₹7 lakh, tax collected...
RBI revises FEMA guidelines to boost cross-border transactions in rupee and local currencies
The Reserve Bank of India, in consultation with the Government, has made changes certain changes in the extant Foreign Exchange...
RBI tweaks FEMA regulations to promote cross border transactions in Rupee and local / national currencies
The Reserve Bank of India, in consultation with the Government, has made changes certain changes in the extant Foreign Exchange...
This RARE Indian currency from 1950s was auctioned in London for whopping Rs 5649650, here’s why
The Haj notes and century-old currency from a shipwreck constitute chapters rife with history that links then and now and...
