The Reserve Bank of India (RBI) on Thursday (January 16, 2025) announced liberalised norms to encourage use of Indian Rupee and local/national currencies to settle cross border transactions.

The Reserve Bank of India (RBI) on Thursday announced steps to encourage cost-border transactions using Indian Rupee and local/ national currencies. These liberalised norms come at a time when ...

It has also revised its 2025 USD-INR forecast, given increased external-sector volatility, evidence of the Reserve Bank of India’s (RBI’s) higher tolerance of a stronger USD, and tighter ...

with the central banks of the United Arab Emirates, Indonesia and Maldives to encourage cross-border transactions in local currencies, including Indian Rupee.

But for the Pakistan and Bangladesh match in Rawalpindi the general enclosure fee has been increased to 2000 PKR (INR 620) and for the semi-final to PKR 2,500 (INR 776). The PCB has also kept VVIP ...

The central bank "seems to be protecting the 86.50 level so we could see it (USD/INR) dip towards the end of the session," a trader at a private bank said. The dollar index was at 109.1 ...

Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.

Muscat: Indian rupee witnessed the steepest fall in the last two years on Monday to hit a record low of 86.59 against US dollar. The money exchange houses offered 224.05 for one Omani rial. Speaking ...

Gold prices in Pakistan experienced a consecutive second day of decline on Tuesday, mirroring a similar trend in international markets. The price per tola dropped by Rs1,400, settling at Rs277,900 ...

The freefall of Indian Rupee against US Dollar in the past few days is primary due to better-than-expected US jobs data, which could mean that the Federal Reserve could go for lesser interest rate cut ...

The Indian rupee’s plunge to a record low, breaching the critical 86-per-dollar mark, has fuelled speculation about whether the Reserve Bank of India (RBI) will reassess its stance on cutting ...

The steep fall of the Indian rupee has sparked a heated debate between political leaders. Congress leader Pramod Tiwari blames the Modi government's "wrong policies" for the rupee's slide ...