India pays first crude oil payment to UAE in rupees
India and the United Arab Emirates made their first-ever historic crude oil payment in local currency, making…
Browsing Tag
rupee
India c.bank seen to hike rates to shore up rupee
With the rupee hovering close to its all-time weakest level against the U.S. dollar, India's central bank is widely…
India rupee ban: Opposition parties begin ‘day of rage’
Indian opposition parties say thousands will participate in nationwide protests against the government's ban on two…
Yuan, rupee forecast to weaken slightly over coming year: Reuters poll
The outlook for major Asian currencies has stayed remarkably stable, according to a Reuters poll of strategists,…
India makes surprise rate cut, citing softening inflation
The Reserve Bank of India announced a surprise interest-rate cut Wednesday, trimming its policy repurchase rate by…
Rupee Leads Losses in Asian Currencies This Week on Fed Outlook
India’s rupee led losses in Asian currencies this week as overseas investors cut holdings of the region’s stocks on…
Dollar Wobbles But Set for Weekly, Monthly Gains
The U.S. dollar swung between gains and losses Friday, but the currency was poised to notch a weekly advance after…
No need to panic over falling rupee: FM
Finance minister P Chidambaram said on Friday that there was no need for panic over the weakness in the rupee and…
India Sets Forex Rules To Halt Slide In Rupee
India's central bank Thursday moved aggressively to halt a sharp slide in the rupee, imposing foreign-exchange…
World Bank Revives “Curry” Bonds
News that the World Bank is set to issue as much as USD4.3bn in rupee bonds has revived talk of the viability of a…
