rupees

Money dealers count Pakistani rupees and US dollars at an exchange in Islamabad. — AFP/FileThe recent significant gains made by the Pakistani currency against the US dollar will be short-lived as the recovery will fade due to…

Prime Minister Narendra Modi on Thursday said that India and France have agreed to use Unified Payments Interface (UPI) in this European nation, opening a huge new market for Indian innovation.Addressing the Indian community at the La Seine…

Prime Minister Narendra Modi addresses the Indian community event at La Seine Musicale, in France. (PTI)Prime Minister Narendra Modi, referred to the development and said, "in the coming days, Indian tourists can pay in Indian rupees at the…

In a landmark achievement, Prime Minister Narendra Modi on Thursday (July 13) informed that India's revolutionary payments system Unified Payments Interface (UPI) will be launched in France soon. PM Modi said an agreement was in place with…

Bloomberg | | Posted by Nisha Anand Indian billionaire Gautam Adani’s flagship firm raised 12.5 billion rupees ($152 million) through notes, its first such local-currency bond sale since it was targeted by short seller Hindenburg…

MUMBAI: Even in a year where currency volatility is falling worldwide, the slump in swings in the Indian rupee has traders from London to Singapore asking when the central bank will loosen its iron grip.The rupee’s one-month implied…

MUMBAI: The Reserve Bank of India's inter-departmental group constituted to look at the internationalisation of the rupee has suggested that in an increasingly polarised world, India should explore alternatives to the US dollar and the euro…

Will the Indian rupee get an international boost? Reports from cash-strapped Egypt suggest that the country may pay for imports from India in rupees.  Egypt's supply minister Ali Moselhy told Reuters that the country is looking to pay for…

India has emerged as one of the top buyers of Russian oil after Moscow invaded Ukraine. Historically allies, the two countries are settling a greater share of the trade in national currencies after Russia was cut off from the US…

Russia has accumulated billions of rupees in Indian banks which it can’t use, Foreign Minister Sergei Lavrov said Friday, pointing to a ballooning trade surplus with the South Asian nation. Russian foreign minister Sergei Lavrov…