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News
Rupee Vs dollar
Rupee Vs dollar News
Rupee
16 Aug 2023
The Rise Of Indian Rupee In The World: Will INR Replace US Dollar?
It might take some time for the currency to top the charts, but clearly the stage is set for the Indian Rupee to replace the dollar in the coming years. It
dollar vs rupee
11 Aug 2023
The Rise Of Rupee: Indian Rupee Going To Takeover the Dollar Soon?
Indian Rupee is in the Race to take over the American Dollar. More than 18 countries have agreed to use Rupee for International trade with India. After this more than 35 countries have shown their interest to trade in Indian Rupee. The global importance of the Indian Rupee has risen in the last few years after India-Russia, India-UAE and India-Singapore agreements on trade deals in INR. Which has also led to a decrease of the use of dollars in international trade.
Big Update On Indian Currency
23 Jul 2023
Big Update On Indian Currency,indian trade,indian rupee,indian railways,indian rupee falling,indian rupee replace dollar,inflation in india,
The popularity of the Indian rupee in international trade is continuously increasing. So far, the dollar has had a major share in global trade and most of the countries of the world use dollars to buy and sell goods from each other. Many countries of the world have taken interest in using rupee for international trade.
Rupee Vs dollar
26 Jun 2023
Rupee Declines 9 Paise To 82.05 Against Dollar Amid Geopolitical Worries
However, the local currency retreated from early highs amid volatile stock markets and touched a low of 82.05 in afternoon trade at the interbank foreign exchange market.
Rupee Vs dollar
04 Apr 2023
Rupee Likely To Strengthen Towards 79 By End-FY24: UBS Securities
The rupee is likely to strengthen towards 79 by end-FY24: Tanvee Gupta Jain Narrowing the current account deficit will help the rupee strengthen against USD. Reserve Bank will cap any significant rupee gains to rebuild buffers: Jain
Rupee
27 Mar 2023
Rupee Rises 9 Paise To 82.31 Against Us Dollar In Early Trade
At the interbank foreign exchange, the domestic unit opened at 82.36 against the dollar, then climbed to 82.31, registering a rise of 9 paise over its previous close.
DNA Video
20 Mar 2023
DNA : 'Rupee' has come to compete with dollar in Global Trade
Now India's rupee has made an entry in Global Trade as well. Soon many countries of the world will start trading with India in rupees. 18 countries of the world have shown interest in doing business with India in rupees.
Rupee Vs dollar
17 Mar 2023
Rupee To Replace Dollar? Indian Money Nearer To Become International Currency
The latest report says that as more nations try to de-dollarize international trade, the Indian rupee is getting closer to becoming a recognised currency.
Pakistan rupee
24 Nov 2022
Seven countries including Pakistan at high risk of currency crises
The Japanese bank said that 22 of the 32 countries covered by its in-house "Damocles" warning system have seen their risk rise since its last update in May, with the largest increases in the Czech Republic and Brazil, Geo News reported.
World Bank
20 Nov 2022
No prospect of recession in India, economy to grow 6-7% in next fiscal: Kumar
Rajiv Kumar is the former vice chairman of Niti Aayog. The World Bank projected a 6.5 percent growth rate for the Indian economy for 2022-23. This is a drop of one percentage point from the World Bank's June 2022 projections.
Rupee
07 Nov 2022
Rupee gains 45 paise to close at 81.90 against US dollar
The rupee appreciated by 45 paise. The rupee close at 81.9 against the USD. Global oil benchmark Brent crude futures fell 0.41 per cent.
Rupee Vs dollar
29 Sep 2022
Rupee vs Dollar: Rupee rises 35 paise to 81.58 against US dollar
The rupee appreciated 35 paise to 81.58 against USD. In initial trade, the rupee touched 81.75 against the American currency. The global oil benchmark, fell 0.46 per cent to USD 88.91 per barrel.
Rupee
27 Sep 2022
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.
Rupee
26 Sep 2022
Rupee falls 43 paise to all-time low of 81.52 against US dollar
Moreover, escalation of geopolitical risks due to conflict in Ukraine, a negative trend in domestic equities and significant foreign fund outflows sapped the investor appetite, forex traders said.
Rupee
23 Sep 2022
Rupee slips below 81-mark against US dollar for first time in early trade
Forex traders said escalation of geopolitical risk in Ukraine and rate hikes by the US Fed and Bank of England in a bid to contain inflation sapped risk appetite.
Rupee Vs dollar
18 Aug 2022
Rupee vs Dollar: Rupee falls 19 paise to close at 79.64 against USD
The rupee depreciated 19 paise to close at 79.64. Rupee gained 29 paise against USD on Wednesday. FIIs purchased shares worth Rs 2,347.22 crore, reported exchange data.
Rupee
15 Aug 2022
From 4 to 80: A look back at journey of Rupee since India's Independence
Keeping other aspects of the economy aside, let us have a glance at how the Indian currency rupee fared against other global benchmark peers since 1947. The value of a country`s currency is a key indicator for gauging its economic pathway.
Rupee
25 Jul 2022
MASSIVE fall in Rupee: 3 out of 4 Indians concerned on spending for family
52% expect goods and services to cost more 44% are concerned about higher overseas travel costs 24% fear impact on overseas education plans for children/ grandchildren
RBI
22 Jul 2022
'You buy an umbrella to use when it rains': RBI Guv on using forex reserves
Das said in recognition of the fact that there is a genuine shortfall of supply of forex in the market relative to demand because of import and debt servicing requirements and portfolio outflows, the RBI has been supplying US dollars to the market to ensure that there is adequate forex liquidity.
DNA Video
20 Jul 2022
DNA: Dollar Vs Rupee -- How fall in currency will affect India?
The weakening of the rupee against the dollar is not breaking news and we have become accustomed to it over the years. This is also because this decline has continued in this way in every government. But the big question is, how worrying is this fall in the rupee?
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