RBI allows investment of surplus rupee balances in special vostro accounts into Govt Securities

Aug 13, 2025

The Reserve Bank of India (RBI) has permitted persons resident outside India holding Special Rupee Vostro Accounts (SRVAs) to invest their surplus rupee balances...

Depreciating rupee may impact softened inflation in Q4 2024-25: Report

Feb 16, 2025

Indian rupee is trading at or around its all-time low. A depreciating rupee typically makes imported goods relatively costlier.

India, Mauritius join hands to trade in local currencies

Mar 18, 2025

The two leaders had agreed to facilitate trade settlements in local currencies--Indian Rupee and Mauritian Rupee--which would help derisk bilateral trade.

India, UAE in talks for rupee-dirham denominated bilateral trade

Nov 25, 2022

India and UAE are in talks for a Rupee-Dirham-denominated bilateral trade.

Rupee hits fresh record low against USD, may drop to 87 by March end: Experts

Jan 13, 2025

Indian rupee touched an all-time low against US dollar. At the time of filing this report, the rupee was trading at 86.40 against US...

"Congress should answer why they tied India's fate to the dollar": Nishikant Dubey

Jun 07, 2026

Speaking on the issue of the rupee-dollar relationship, Dubey criticised Congress leaders for frequently raising concerns about the economy and the value of the...