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  Cross-border transactions: RBI announces steps to encourage use of Indian rupee

  Business | January 16, 2025 17:52 IST

  The Reserve Bank has signed MoUs with the central banks of the UAE, Indonesia, and Maldives to promote cross-border transactions in local currencies, including the Indian rupee.

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  India's forex reserves surge to record high of $666.85 billion as of July 12

  Business | July 19, 2024 17:55 IST

  With increased reserves, India is better positioned to manage currency volatility and maintain economic stability amidst global uncertainties. This growth in reserves also reflects the success of India's economic policies and reforms aimed at attracting foreign investments and boosting exports.

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  Rupee rises 18 paise to 82.77 against US dollar amid market rally

  Business | January 15, 2024 11:28 IST

  The dollar index, which gauges the strength of the greenback against a basket of six currencies, stood at 102.35, while the global oil benchmark, Brent crude, was priced at USD 78.54 per barrel.

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  India, UAE make first-ever crude oil transaction in Rupees and Dhirams a month after PM Modi visit

  World | August 15, 2023 15:08 IST

  According to the Indian Embassy in Abu Dhabi, the UAE’s Abu Dhabi National Oil Company (ADNOC) and Indian Oil Corporation Limited (IOCL) made their first-ever crude oil transaction in national currencies.

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  Bull run continues: Sensex ends above 67,000-mark, Nifty at new closing peak of 19,833.15

  Business | July 19, 2023 16:13 IST

  Stock markets: The 30-share BSE Sensex climbed 293.59 points to reach its new all-time intra-day peak of 67,088.73 in early trade. The NSE Nifty gained 80.3 points to hit a record intra-day high of 19,829.55.

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  Sri Lanka wants to use Indian rupee as much as US dollar: President Wickremesinghe

  World | July 15, 2023 14:02 IST

  “The world is evolving and India is undergoing rapid development, particularly under Prime Minister Modi’s leadership”, Wickremesinghe noted.

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  Equity markets gain in early trade on foreign fund inflows; Rupee rises against dollar

  Business | July 12, 2023 14:43 IST

  Stock markets: The 30-share BSE Sensex climbed 193.8 points to 65,811.64 in early trade. The NSE Nifty went up by 68.3 points to 19,507.70.

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  Sensex, Nifty trade flat amid weak global trends; Indian Rupee falls 8 paise against US dollar

  Business | July 07, 2023 12:19 IST

  Stock markets: The 30-share BSE Sensex opened lower and fell further by 294 points to hit a low of 65,785.64 in early trade.

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  Gold rises Rs 80; silver tumbles Rs 550 in Delhi markets | Check prices per 10 grams here

  Business | June 30, 2023 17:53 IST

  According to HDFC Securities, the yellow metal had settled at Rs 58,950 per 10 grams in the previous trade. Silver, however, tumbled Rs 550 to Rs 70,700 per kilogramme.

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  Markets recover after falling in early trade; Rupee rises 39 paise against US dollar

  Business | June 01, 2023 11:16 IST

  Stock markets: The 30-share BSE Sensex declined 77.28 points to 62,544.96 in early trade even after a positive beginning. The NSE Nifty dipped 15.35 points to 18,519.05.

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  RBI has allowed banks from 18 countries to open rupee accounts for trade: Govt

  Business | March 15, 2023 15:42 IST

  The Reserve Bank of India has allowed banks from 18 countries to open Special Vostro Rupee Accounts (SVRAs) for settling payments in Indian rupees. This decision is expected to boost India's exports and help avoid wartime international sanctions.

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  Sudhanshu Trivedi on the rupee: "The rupee is getting stronger against the dollar."

  News | February 03, 2023 21:19 IST

  Sudhanshu Trivedi, BJP spokesperson and Rajya Sabha MP, stated today that the rupee is strengthening globally in comparison to the dollar.

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  Nobody is in denial about price rise, Indian economy definitely much better, says Sitharaman

  Business | August 02, 2022 23:51 IST

  Nirmala Sitharaman in Rajya Sabha: The finance minister said that the government has adopted a targeted approach based on ground-level inputs to tackle retail inflation which is ruling at around 7 per cent.

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  Rupee's historic plunge: How is it impacting people | Explained

  Business | July 15, 2022 16:01 IST

  India is 85 per cent dependent on foreign oil to meet its needs for fuels, such as petrol, diesel and jet fuel.

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  Rupee hits record low of 77.82 against US dollar in early trade

  Business | June 10, 2022 10:18 IST

  The rupee opened weaker against the dollar this Friday tracking the overnight strength of the greenback, said Sriram Iyer, Senior Research Analyst at Reliance Securities.

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  Ukraine crisis: How US sanctions on Russia will affect India

  World | February 24, 2022 0:20 IST

  Russia-Ukraine crisis is going to impact oil and gas prices across the world, which is already at a 7-year high at present, and impact the value of the Indian rupee, therefore, if our value depreciates, then commodities prices are going to get impacted.

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  Rupee gains 36 paise in mid-session, reclaims lost ground

  Business | March 13, 2020 13:33 IST

  The Indian rupee staged a recovery in the afternoon session on Friday, trading 36 paise higher against the US dollar, after the Reserve Bank stepped in to maintain sufficient liquidity in the panick-stricken currency market.

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  Indian Rupee slips to 74.43 versus the US Dollar amid market crash

  News | March 13, 2020 11:52 IST

  The Indian market is facing one of the worst market crashes in the recent times.

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  Rupee slips below 74/USD level in early trade amid mounting fears of coronavirus-led slowdown

  Business | March 09, 2020 10:23 IST

  The Indian rupee continued its downward journey on Monday, sliding another 16 paise to 74.03 against the US dollar in opening trade, tracking weak opening in domestic equities amid mounting fears of a coronavirus-led economic slowdown.

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  Rupee dives 46 paise to 73.79 against USD

  Business | March 06, 2020 18:22 IST

  The Indian rupee resumed its downward journey after a day's hiatus on Friday, plummeting by 46 paise to 73.79 (provisional) against the US dollar as coronavirus-panicked investors kept assessing deteriorating financial markets.