Indian rupee

India's April-December 2022 Fiscal Deficit Hits 59.8% Of Full-FY23 Target India’s fiscal deficit during April-December 2022 stood at Rs 9.93 lakh crore, or 59.8 per cent of the full-financial year target, according to the latest official…

Rupee appreciates by 9 paise to 81.52 in opening trade The rupee moved in a range of 81.50 to 81.58 in early trade. It was trading at 81.52 to a dollar at 0940 hours. Meanwhile, the US dollar index, which gauges the greenback's…

Indian Rupee Records 6.9% Depreciation in Current FY The Indian rupee has witnessed a depreciation of 6.9 per cent in the current financial year till November 30, the Parliament was told on Tuesday. Exchange rate depreciation, other…

RBI asks Razorpay to pause onboarding merchants According to a PTI report, Cashfree, another fintech firm, has also been asked to to temporarily stop onboarding new customers. No immediate comments were received from Cashfree, it…

India in talks with other nations to make RuPay, UPI, BHIM acceptable: FM Nirmala Sitharaman says interoperability of these platforms gives strength to Indians' capabilities in those nations. Finance Minister Nirmala…

Rupee rises 37 paise to 81.30 against US dollar At the interbank foreign exchange, the domestic unit opened at 81.45 against the dollar, then touched 81.30, registering a gain of 37 paise over its previous close. The rupee appreciated…

The Reserve Bank of India (RBI) has put in place a mechanism under which the final settlement of export and import payments by Indian traders can be made in rupee. Besides helping curb demand for foreign exchange and, thereby, support…

The Indian rupee on Tuesday lost 0.41 paise to close at 79.36 against the dollar on  concerns the current account deficit would widen more than anticipated after the trade deficit for June hit an all-time high. Moreover, the dollar…

Finance minister Nirmala Sitharaman on Thursday said the rupee’s performance against the greenback is better than that of many other global currencies despite the depreciation in recent months. The domestic currency breached the…

The Indian rupee depreciated 14 paise to fresh lifetime low of 79 against the US dollar in opening trade on Wednesday amid persistent foreign capital outflows and elevated crude oil prices. At the interbank foreign exchange, the local…