India Currency Steps
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RBI's CBDC Yet Another Step in Taking Indian Payments Ahead, JPMorgan Blockchain Head Says
RBI's approach towards exploring the inclusion of the eRupee into the existing financial system has garnered applaud from Maveen Mallela, the global co-head of JPMorgan’s blockchain and digital currency unit called ‘Onyx’. The CBDCs is yet another step in taking Indian payments ahead, he said.
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India-Saudi Start Discussions On Trading In National Currencies: Centre
In recent times, India has taken substantial steps to promote the usage of its national currency.
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RBI Appointed Panel Suggests Steps For 'Internationalisation' Of Rupee
A Reserve Bank-appointed committee on Wednesday suggested a host of short-term and long-term measures for internationalisation of Indian rupee, including efforts for inclusion of the Indian currency in IMF's Special Drawing Rights (SDR) basket.
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Rupee Weakens Slightly To 82.39 As RBI Steps In To Limit Further Losses
The rupee weakened a touch on Thursday as the Reserve Bank of India stepped-in to limit further losses in the domestic currency.
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Rupee Recovers From All-Time Low Of 80.15 Per Dollar As RBI Steps In
The rupee recovered to a touch below 80 per dollar after hitting an intra-day all-time high of 80.15 on Monday, as the Reserve Bank of India defended the Indian currency even as the dollar soared to a new two-decade high.
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Rupee Snaps 11-Week Losing Streak As RBI Steps In
The Indian rupee snapped a 11-week losing streak on Friday, benefiting from Reserve Bank of India intervention after it fell through the 80-per-dollar mark.
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Good News For India - Foreigners' Last-Minute Dash For LIC IPO
Foreign institutional investors stepped up their bids for India's biggest share sale in the last hours before the close of subscription on Monday, shunning currency risks and global market uncertainties.
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Government Proposes To Launch Official Digital Currency: What Experts Say
Digital Currency In India: Many central banks across the globe are exploring ways to regulate cryptocurrencies but no major economy has taken the step of placing a blanket ban on owning them
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Rupee Appreciates To 72.87 Against US Dollar
Forex traders said the domestic unit gathered momentum after the Reserve Bank of India announced various steps to ease pressure on liquidity.
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Rupee Ends Marginally Lower Against US Dollar
After opening on a positive note, the rupee traded flat for a better part of the session before slipping into a negative territory. It finally settled at 71.74, registering a loss of 3 paise over its previous close. The domestic currency overlooked a host of encouraging factors including positive new on the US-China trade deal front, the government...
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Court Asks RBI About Steps To Make Banking Services Friendly For Visually Impaired
The Delhi High Court on Tuesday asked the Centre and the Reserve Bank of India as to what steps they intend to take in future to make ATMs, online banking services and currency notes of Rs 50 and lower denominations, more user friendly for the visually impaired.
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India Removed From US Currency Monitoring List, China Stays
The US Treasury Department has removed India from its currency monitoring list of major trading partners. It, however, continued to keep China on its watch list, while urging the Asian nation to take necessary steps to avoid a "persistently weak currency". Renminbi
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Rupee Slips Below 71 Mark Against Dollar, Likely To Fall On Tuesday: 10 Points
The rupee weakened by 50 paise against the dollar on Monday, as domestic equity markets plunged amid renewed concerns on the US-China trade front. A two per cent fall in the domestic equity markets, a day ahead of key state election results, also hurt the currency market. In a surprise move, Reserve Bank of India Governor Urjit Patel stepped down o...
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On Notes Ban Anniversary, Arun Jaitley Says Confiscating Cash Wasn't Aim
Finance Minister Arun Jaitley posted a strong defence of demonetisation today as opposition parties seized the second anniversary of the move to rip into the government and even demand an apology from Prime Minister Narendra Modi. In a Facebook post, the minister described PM Modi's overnight ban on higher currency notes on November 8, 2016, as a "...
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RBI Should Consider More Steps To Improve Liquidity, Says Finance Ministry
RBI could also consider buying more bonds from the open market and open a special window for mutual funds to inject liquidity, said official.
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RBI's CBDC Yet Another Step in Taking Indian Payments Ahead, JPMorgan Blockchain Head Says
RBI's approach towards exploring the inclusion of the eRupee into the existing financial system has garnered applaud from Maveen Mallela, the global co-head of JPMorgan’s blockchain and digital currency unit called ‘Onyx’. The CBDCs is yet another step in taking Indian payments ahead, he said.
-
India-Saudi Start Discussions On Trading In National Currencies: Centre
In recent times, India has taken substantial steps to promote the usage of its national currency.
-
RBI Appointed Panel Suggests Steps For 'Internationalisation' Of Rupee
A Reserve Bank-appointed committee on Wednesday suggested a host of short-term and long-term measures for internationalisation of Indian rupee, including efforts for inclusion of the Indian currency in IMF's Special Drawing Rights (SDR) basket.
-
Rupee Weakens Slightly To 82.39 As RBI Steps In To Limit Further Losses
The rupee weakened a touch on Thursday as the Reserve Bank of India stepped-in to limit further losses in the domestic currency.
-
Rupee Recovers From All-Time Low Of 80.15 Per Dollar As RBI Steps In
The rupee recovered to a touch below 80 per dollar after hitting an intra-day all-time high of 80.15 on Monday, as the Reserve Bank of India defended the Indian currency even as the dollar soared to a new two-decade high.
-
Rupee Snaps 11-Week Losing Streak As RBI Steps In
The Indian rupee snapped a 11-week losing streak on Friday, benefiting from Reserve Bank of India intervention after it fell through the 80-per-dollar mark.
-
Good News For India - Foreigners' Last-Minute Dash For LIC IPO
Foreign institutional investors stepped up their bids for India's biggest share sale in the last hours before the close of subscription on Monday, shunning currency risks and global market uncertainties.
-
Government Proposes To Launch Official Digital Currency: What Experts Say
Digital Currency In India: Many central banks across the globe are exploring ways to regulate cryptocurrencies but no major economy has taken the step of placing a blanket ban on owning them
-
Rupee Appreciates To 72.87 Against US Dollar
Forex traders said the domestic unit gathered momentum after the Reserve Bank of India announced various steps to ease pressure on liquidity.
-
Rupee Ends Marginally Lower Against US Dollar
After opening on a positive note, the rupee traded flat for a better part of the session before slipping into a negative territory. It finally settled at 71.74, registering a loss of 3 paise over its previous close. The domestic currency overlooked a host of encouraging factors including positive new on the US-China trade deal front, the government...
-
Court Asks RBI About Steps To Make Banking Services Friendly For Visually Impaired
The Delhi High Court on Tuesday asked the Centre and the Reserve Bank of India as to what steps they intend to take in future to make ATMs, online banking services and currency notes of Rs 50 and lower denominations, more user friendly for the visually impaired.
-
India Removed From US Currency Monitoring List, China Stays
The US Treasury Department has removed India from its currency monitoring list of major trading partners. It, however, continued to keep China on its watch list, while urging the Asian nation to take necessary steps to avoid a "persistently weak currency". Renminbi
-
Rupee Slips Below 71 Mark Against Dollar, Likely To Fall On Tuesday: 10 Points
The rupee weakened by 50 paise against the dollar on Monday, as domestic equity markets plunged amid renewed concerns on the US-China trade front. A two per cent fall in the domestic equity markets, a day ahead of key state election results, also hurt the currency market. In a surprise move, Reserve Bank of India Governor Urjit Patel stepped down o...
-
On Notes Ban Anniversary, Arun Jaitley Says Confiscating Cash Wasn't Aim
Finance Minister Arun Jaitley posted a strong defence of demonetisation today as opposition parties seized the second anniversary of the move to rip into the government and even demand an apology from Prime Minister Narendra Modi. In a Facebook post, the minister described PM Modi's overnight ban on higher currency notes on November 8, 2016, as a "...
-
RBI Should Consider More Steps To Improve Liquidity, Says Finance Ministry
RBI could also consider buying more bonds from the open market and open a special window for mutual funds to inject liquidity, said official.
