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 weakens to historic low, breaches 93 mark against dollar amid West Asia conflict

Mar 20, 2026

The Indian rupee weakened further and breached the 93 mark against the US dollar in early trade on Friday, hitting a fresh historic low...

Rupee slumps to new record low of 79.38 against US dollar

Jul 05, 2022

Mumbai (Maharashtra) [India], July 5 : The Indian rupee slumped to a new record low of 79.38 against the US dollar on Tuesday amid...

Rupee at record low against USD; Experts say foreign outflows weigh heavy

Nov 21, 2025

The higher US interest rates and a cautious risk appetite among foreign investors are also resulting in continuous pressure on the Indian Rupee. Experts...

ICICI Bank offers strong network of Rupee Vostro Accounts

Apr 27, 2023

This initiative is in line with India's Foreign Trade Policy 2023 and RBI's framework for invoicing, payment, and settlement of exports/imports in INR, in...