India, UAE in talks for rupee-dirham denominated bilateral trade

Nov 25, 2022

India and UAE are in talks for a Rupee-Dirham-denominated bilateral trade.

Rupee slumps to new record low of 79.38 against US dollar

Jul 05, 2022

Mumbai (Maharashtra) [India], July 5 : The Indian rupee slumped to a new record low of 79.38 against the US dollar on Tuesday amid...

ICICI Bank offers strong network of Rupee Vostro Accounts

Apr 27, 2023

This initiative is in line with India's Foreign Trade Policy 2023 and RBI's framework for invoicing, payment, and settlement of exports/imports in INR, in...

Indian stocks decline, rupee depreciates in early trade

Nov 17, 2022

At the time of writing this report, Sensex traded at 61,932.20 points, down 48.52 points or 0.078 per cent, whereas Nifty traded at 18,385.10...

Indian rupee to mostly trade sideways in 2021: Fitch Solutions

Mar 18, 2021

Singapore, March 18 : Fitch Solutions on Thursday revised its forecast for Indian rupee to average Rs 73.50 per US dollar in 2021, slightly...

RBI has allowed invoicing, payments for international trade in Indian Rupee: Minister

Aug 02, 2022

New Delhi [India], August 2 : The Reserve Bank of India (RBI) has allowed invoicing and payments for international trade in the Indian Rupee,...