MUMBAI, (Reuters)- The Indian rupee has fallen to a record low. January 13 marked its biggest single-day decline in nearly two years. The rupee slid to 86.5825 before closing at 86.5750 ...
This could impact the margins of oil marketing companies. Rising oil prices have the potential to widen India’s current account deficit, adding pressure on the rupee. Retail inflation could see an ...
The Reserve Bank of India has implemented new rules to facilitate the use of the rupee in international trade and investment. These regulations allow overseas branches of authorised banks to open ...
announced liberalised norms to encourage use of Indian Rupee and local/national currencies to settle cross border transactions. The decision comes at a time when the domestic currency is sliding ...
The Reserve Bank of India on Thursday announced liberalised norms to encourage use of Indian Rupee and local/ national currencies to settle cross border transactions. The decision comes at a time when ...
To encourage greater use of Indian Rupee (INR) for trade transactions, in July 2022, an additional arrangement in the form of Special Rupee Vostro Account (SRVA) was introduced. Follow Us Trending ...
Mumbai: The Reserve Bank of India (RBI) on Thursday announced the issuing of revised Federal Emergency Management Agency (FEMA) regulations to permit more liberal use of INR accounts held by NRIs ...