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[ad_1] Two Russian banks have opened a special vostro account following permission from the Reserve Bank of India to facilitate overseas trade in rupee. Sberbank and...
[ad_1] The Reserve Bank of India’s 2013 playbook to buffer the domestic currency against steep declines and rebuild foreign exchange reserves is unlikely to prove fruitful...
[ad_1] Finance minister Nirmala Sitharaman, who has been speaking about India’s growth story and robust economy during her recent interactions, has said that in the current...
[ad_1] The International Monetary Fund (IMF) on Friday put out a detailed note suggesting ways the countries can respond to a strong US dollar, which has...
[ad_1] The Indian rupee has weakened essentially due to the strengthening of the dollar index but it is holding well as compared to currencies of other...