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The nominal exchange rate is the price of buying one unit of foreign currency in terms of domestic currency. The way in which the nominal exchange rate changes depends both on the demand-supply ...

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.

As a result, the following amendments have been made to the existing FEMA guidelines: >Authorised dealer banks' overseas branches can now open INR accounts for residents outside India, facilitating ...

The Indian rupee opened marginally down on January 16 at 86.42 against the US dollar after ending the previous session at 86.3625. After opening lower, the local currency made some recovery to ...

The Indian rupee's decline to a historic low of 86.59 against the US dollar on Monday has stirred concerns, but former Reserve Bank of India (RBI) Governor Raghuram Rajan has provided a measured ...

Goal! Barcelona 5, Real Betis 1. Vitor Roque (Real Betis) converts the penalty with a right footed shot to the centre of the goal. Attempt saved. Vitor Roque (Real Betis) right footed shot from ...

A familiar, craggy face returns to the home dugout at Goodison Park today, as David Moyes begins his second stint in charge of Everton with a tough home game against Aston Villa in the English ...

SIP: With an SIP, you can invest monthly, quarterly, or annually based on your financial capacity. The average long-term return is around 12 per cent. PPF: In a PPF, you can invest up to Rs 1.5 lakh ...

The RBI will continue its currency market intervention strategy to manage excessive volatility and maintain macro-economic stability. The rupee hit a new low of 86.63 against the dollar amid ...

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.

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 ...