MUMBAI : Non-residents will now be able to open rupee accounts in the overseas branches of India-registered authorized dealer ...

The rupee depreciated 21 paise to close at 86.61 against the US dollar on Thursday, dragged down by a strong American currency overseas, elevated crude oil prices and foreign fund outflows. However, ...

RBI amends FEMA regulations to boost cross-border transactions in INR and local currencies amid economic challenges.

Conversely, the depreciating rupee makes India more attractive to foreign tourists, potentially boosting inbound tourism.

In a recent address to a young audience at the Viksit Bharat Young Leaders Dialogue 2025, the Prime Minister confidently ...

Gold prices rallied Rs 500 to hit over a two-month high of Rs 81,300 per 10 grams in the national capital on Thursday amid fresh buying from jewellers and retailers and rupee depreciation, according ...

UBS Group AG is asking investors to short India’s rupee and go underweight on the country’s stocks.

The Reserve Bank has signed MoUs with the central banks of the UAE, Indonesia, and Maldives to promote cross-border ...

To encourage greater use of Indian Rupee (INR) for trade transactions, in July 2022, an additional arrangement in the form of ...

The Reserve Bank has already signed Memorandum of Understanding (MoU) with the central banks of the United Arab Emirates, Indonesia and Maldives to encourage cross-border transactions in local ...

The Indian rupee weakened on Thursday, as dollar demand from foreign banks and importers outweighed the impact of softer U.S.

The RBI has updated FEMA regulations to encourage cross-border INR transactions, including settling trade, investments, and ...