RBI, Bank Indonesia sign pact for establishing framework to promote use of local currencies INR, IDR
The Reserve Bank of India (RBI) and the Bank Indonesia (BI) signed a Memorandum of Understanding (MoU) on March 7...
archiveReserve Bank of India
Reserve Bank of India gives no specific timeline for ‘full-fledged’ e-rupee launch
The Reserve Bank of India (RBI) has set no specific timeline for the ‘full-fledged’ launch of its central bank digital currency (CBDC)...
India Asks State Refiners to Pay for Some Oil Imports in Rupees
(Bloomberg) -- The Reserve Bank of India has asked the country’s major state-owned refiners to press Persian Gulf suppliers to...
Rupee settles two paise higher at 82.89 against U.S. dollar
The Rupee gained two paise to settle at 82.89 (provisional) against the U.S. dollar in a range-bound trade on February...
Rs 2,000 notes withdrawal: Currency-in-circulation growth dips to 3.7% in February
The growth in currency in circulation dropped to 3.7 per cent for the week ended February 9 from 8.2 per...
Rupee to rise tracking Asia FX; importers, RBI curb upside
By Nimesh VoraMUMBAI (Reuters) - The Indian rupee will open higher on Thursday, tracking most Asian peers on upbeat risk,...
Indian rupee to gain slightly this year amid continued RBI intervention: Reuters poll
By Milounee PurohitBENGALURU (Reuters) - The Indian rupee will remain in a tight range and appreciate only slightly against the...
India’s forex reserves jump by $9 billion to $615 billion last week: RBI
India's foreign exchange reserves increased by USD 9.112 billion to USD 615.971 billion in the week ending December 15, 2023....
Indian rupee’s decline versus non-dollar currencies spurs more hedging by exporters
By Jaspreet Kalra and Nimesh VoraMUMBAI (Reuters) - The Indian rupee's recent decline against the euro, the British pound and...
Rupee stands pat as likely RBI help counters drop in Asian peers
By Jaspreet KalraMUMBAI (Reuters) - The Indian rupee was little changed on Monday, aided by likely intervention from the Reserve...
