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[ad_1] The Rupee ended almost flat on Wednesday despite robust dollar demand from corporates, especially oil companies, as RBI likely intervened in the non-deliverable forward market...
[ad_1] The Reserve Bank of India’s move to absorb most of the Dollar (USD) flows in a bid to prevent a sharp appreciation of the Rupee...
[ad_1] While stablecoins linked to underlying currencies are more feasible than private assets and offer an alternative to CBDC (central bank digital currency), they are only...
[ad_1] India’s central bank should allow rupee to depreciate gradually and use foreign exchange reserves judiciously, the government’s chief economic adviser V. Anantha Nageswaran on Monday....
[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...