Rupee Performance Amid Global Uncertainty
New Delhi, March 30 – Finance Minister Nirmala Sitharaman stated on Monday that India’s economic fundamentals remain robust, and the Indian rupee is performing well against the US dollar when compared to other emerging market economies.
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Rupee Recovers Amid RBI Intervention, Market Volatility
Mumbai, March 30 – The Indian rupee rebounded sharply on Monday, gaining 128 paise against the US dollar, recovering from an all-time low of 93.57. The recovery followed a decision by the Reserve Bank of India (RBI) to cap net open...
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RBI Explores New Avenues for Use of Indian Rupee Held by Russian Trade Partners
Central Bank Eyes Trade Settlement and Investment Options
Mumbai, March 19: The Reserve Bank of India is working on expanding the usage of Indian rupee balances accumulated by Russian trade partners, a senior...
Gold Futures Climb 0.83% in Domestic Trade
Gold prices surged in futures trading on Wednesday, February 25, with contracts rising by Rs 1,322 to reach Rs 1,61,291 per 10 grams. The upward move came as market participants created fresh positions, tracking firm spot demand.On the Multi Commodity...