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 rupee depreciated marginally last quarter, long term outlook positive: Experts

Oct 04, 2024

The Indian rupee faced strong competition in the last quarter from other major Asian currencies, particularly Japan's yen and the Chinese yuan.

Rupee touches new low for the fifth straight session on Tuesday

Nov 12, 2024

This level, indicative of persistent challenges for the rupee, reflects an ongoing struggle against strong dollar demand, high crude oil prices, and considerable foreign...

Indian Rupee strong against every currency, RBI intervened in markets: Sitharaman tells Lok Sabha

Dec 12, 2022

Replying to a question in Lok Sabha, Sitharaman said the Reserve Bank of India has used the available foreign exchange reserves that it had...

Much of Rupee's weakness linked to strong US dollar index: SBI Research

Sep 25, 2022

New Delhi [India], September 25 : Much of the weakness in the rupee is on account of a strong US dollar index and not...

Rupee will hover near current levels with a positive bias: UBI Report

Oct 05, 2024

Technically, experts suggest that the rupee may find support at Rs 83.76, with strong resistance around Rs 83.99. A breach of these levels could...