rupee
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Trends
Since the start of the year, the rupee has lost around 10% of its value against the US dollar.
The rupee has lost around 10% of its value against the US dollar since the year began, even touching the…
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Reasons why RBI settles international trade in rupees 2022
The RBI’s efforts to preserve the stability of the rupee and lessen the usage of the US dollar, a decades-old…
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Trends
India launches digital rupee pilot project 2022: What is it and how will it work?
In the beginning, four banks in India: Mumbai, New Delhi, Bengaluru, and Bhubaneswar, will issue digital tokens in the current…
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Trends
Describe the Indian government’s new program for the digital rupee.
Describe the Indian government’s new program for the digital rupee. According to the Reserve Bank of India, the widely anticipated…
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Trends
Nirmala Sitharaman stated that the dollar is rising rather than the rupee falling.
In an effort to justify the rupee’s value relative to the dollar this year, Finance Minister Nirmala Sitharaman claimed that…
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Trends
RBI (Reserve Bank of India) empower two Russian banks open special vostro account, in India
Following approval from the RBI (Reserve Bank of India) to enable rupee transactions abroad, two Russian banks created a new…
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