The Indian rupee closed stronger against the US dollar on Friday. It strengthened by 26 paise to close at 86.21 against the greenback. The domestic currency opened strong against the US dollar today, ...

The "Trump Tantrum," referring to the impact of Donald Trump's presidency on the Indian rupee, is likely to be a short-term phenomenon, says a report by State Bank of India.

At the interbank foreign exchange, the rupee opened on a strong note at 86.48 against the greenback. During the day, the local unit touched an intraday high of 86.46 and a low of 86.57. It finally ...

MUMBAI (Reuters) - The Indian rupee ... could hurt the rupee as well. He has already proposed hefty tariffs on Chinese goods. "Long USD positions have become a very crowded trade, leaving it ...

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On Thursday, the rupee depreciated 21 paise to close at 86.61 against the US dollar. In two back-to-back sessions, on Tuesday and Wednesday, the local unit had gained 30 paise from its lowest-ever ...

In a significant push to enhance the global usage of the Indian Rupee (INR) and local currencies for cross-border transactions, the Reserve Bank of India (RBI) has liberalised key regulations under ...

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 ...

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 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 ...

MUMBAI (Reuters) - For nearly two years, Indian importers flocked to a commonly used option strategy to hedge their forex risks amid the rupee's tranquillity, but a precipitous slide in the currency's ...