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Big Pact Between RBI, UAE Central Bank To Link UPI Systems, Card Payments
Reserve Bank of India (RBI) and Central Bank of UAE (CBUAE) yesterday signed two agreements in Abu Dhabi to establish a framework for cross-border transactions in local currencies and interlinking of payment and messaging systems.
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RBI, UAE Central Bank Agree To Set Up Payment System In Local Currencies
Reserve Bank of India (RBI) and Central Bank of UAE (CBUAE) on Saturday signed two agreements in Abu Dhabi to establish a framework for cross-border transactions in local currencies and interlinking of payment and messaging systems.
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RBI Asks Banks To Stop Building Rupee Offshore Market Positions: Report
The Reserve Bank of India, seeking to arrest the rupee's slide, is asking local banks to not build additional positions in the non-deliverable forward market.
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International Crypto Exchanges Move To Allow Trade In Local Currency
The crypto exchanges are showing this enthusiasm at a time when RBI has appeared little excited about private cryptocurrencies
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Rupee Settles Higher To 74.15 Against Dollar After RBI Monetary Policy
Rupee Vs Dollar Rate Today: At the interbank foreign exchange market, the local unit opened at 74.11 and registered an intra-day high of 74.10.
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Opinion: Politicians Want V-Shaped Recovery At Any Cost. Over To RBI
The local currency is a sitting duck for appreciation against a weakening dollar.
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Funding Environment Helpful For Recovery, Local Unit To Change Structurally
A culmination of the rising growth-inflation dichotomy along with a sustained improvement in the balance of payment account will become crucial determinants for ensuring ultra-loose monetary policy conditions by the Reserve Bank of India
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Rupee Sheds Early Advances Against US Dollar In Afternoon Trade
Earlier, in the morning, the currency had opened at74.14 and had advanced to an intra-day high of73.86, tracking initial gains in the equity markets.The local currency on Monday plunged 50 paise to 74.25 against the greenback as concern over the economic fallout from the coronavirus pandemic outweighed the US Feds emergency interest rate cut and th...
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Rupee Gains 7 Paise As RBI Maintains Accommodative Stance, Holds Rates
At the interbank foreign exchange market, the local currency opened on a positive note at 71.22. During the day, it saw a high of 71.11 and a low of 71.30.
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Rupee Pares Most Early Losses Post RBI Rate Cut
Forex traders said, foreign fund outflows and rising crude oil prices also kept pressure on the rupee. Moreover, heavy selling in domestic equities also weighed on the local unit.
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Rupee Registers New All-Time Closing Low Of 71.75 Against Dollar
The Reserve Bank of India (RBI) likely intervened mildly in the forex markets on Wednesday, news agency Reuters reported citing two traders. The RBI is expected to have sold dollars at 71.80 per dollar in the local spot forex market to stem a sharp fall in the rupee, according to the agency.
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Nearly Rs 20 Crore Of Bitcoins Stolen In India's Biggest Cryptocurrency Heist
Coinsecure said nearly Rs 19,57,05,000 were stolen from its bitcoin wallet, the biggest reported so far in the local virtual currency market.
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RBI Likely Intervened to Curb Rupee Fall, Say Traders
State-owned banks were likely selling dollars on behalf of the Reserve Bank of India (RBI) to cap losses for the local currency, three FX traders told Reuters.
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State-run Banks May Have Sold Dollars to Stem Rupee Fall: Traders
State-owned banks likely sold dollars on behalf of the Reserve Bank of India to prevent the local currency from weakening further, three forex traders told Reuters on Monday.
-
Rupee Falls On RBI Intervention, Dollar Demand
Traders expect the pair to be rangebound, while closely watching foreign fund inflows into local shares.
-
Big Pact Between RBI, UAE Central Bank To Link UPI Systems, Card Payments
Reserve Bank of India (RBI) and Central Bank of UAE (CBUAE) yesterday signed two agreements in Abu Dhabi to establish a framework for cross-border transactions in local currencies and interlinking of payment and messaging systems.
-
RBI, UAE Central Bank Agree To Set Up Payment System In Local Currencies
Reserve Bank of India (RBI) and Central Bank of UAE (CBUAE) on Saturday signed two agreements in Abu Dhabi to establish a framework for cross-border transactions in local currencies and interlinking of payment and messaging systems.
-
RBI Asks Banks To Stop Building Rupee Offshore Market Positions: Report
The Reserve Bank of India, seeking to arrest the rupee's slide, is asking local banks to not build additional positions in the non-deliverable forward market.
-
International Crypto Exchanges Move To Allow Trade In Local Currency
The crypto exchanges are showing this enthusiasm at a time when RBI has appeared little excited about private cryptocurrencies
-
Rupee Settles Higher To 74.15 Against Dollar After RBI Monetary Policy
Rupee Vs Dollar Rate Today: At the interbank foreign exchange market, the local unit opened at 74.11 and registered an intra-day high of 74.10.
-
Opinion: Politicians Want V-Shaped Recovery At Any Cost. Over To RBI
The local currency is a sitting duck for appreciation against a weakening dollar.
-
Funding Environment Helpful For Recovery, Local Unit To Change Structurally
A culmination of the rising growth-inflation dichotomy along with a sustained improvement in the balance of payment account will become crucial determinants for ensuring ultra-loose monetary policy conditions by the Reserve Bank of India
-
Rupee Sheds Early Advances Against US Dollar In Afternoon Trade
Earlier, in the morning, the currency had opened at74.14 and had advanced to an intra-day high of73.86, tracking initial gains in the equity markets.The local currency on Monday plunged 50 paise to 74.25 against the greenback as concern over the economic fallout from the coronavirus pandemic outweighed the US Feds emergency interest rate cut and th...
-
Rupee Gains 7 Paise As RBI Maintains Accommodative Stance, Holds Rates
At the interbank foreign exchange market, the local currency opened on a positive note at 71.22. During the day, it saw a high of 71.11 and a low of 71.30.
-
Rupee Pares Most Early Losses Post RBI Rate Cut
Forex traders said, foreign fund outflows and rising crude oil prices also kept pressure on the rupee. Moreover, heavy selling in domestic equities also weighed on the local unit.
-
Rupee Registers New All-Time Closing Low Of 71.75 Against Dollar
The Reserve Bank of India (RBI) likely intervened mildly in the forex markets on Wednesday, news agency Reuters reported citing two traders. The RBI is expected to have sold dollars at 71.80 per dollar in the local spot forex market to stem a sharp fall in the rupee, according to the agency.
-
Nearly Rs 20 Crore Of Bitcoins Stolen In India's Biggest Cryptocurrency Heist
Coinsecure said nearly Rs 19,57,05,000 were stolen from its bitcoin wallet, the biggest reported so far in the local virtual currency market.
-
RBI Likely Intervened to Curb Rupee Fall, Say Traders
State-owned banks were likely selling dollars on behalf of the Reserve Bank of India (RBI) to cap losses for the local currency, three FX traders told Reuters.
-
State-run Banks May Have Sold Dollars to Stem Rupee Fall: Traders
State-owned banks likely sold dollars on behalf of the Reserve Bank of India to prevent the local currency from weakening further, three forex traders told Reuters on Monday.
-
Rupee Falls On RBI Intervention, Dollar Demand
Traders expect the pair to be rangebound, while closely watching foreign fund inflows into local shares.
