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Indian Currency

National Investigation Agency (NIA)

Bihar: NIA Files Supplementary Charge Sheet In Champaran Fake Currency, Terror Conspiracy Case

Bihar's East Champaran, where high-quality fake Indian currency notes were found, led to the third supplementary charge sheet filed by the FBI in the terror conspiracy case, an official said.

05 July 2023

SBI Branch

Small Queues, Confusion Over Rules At Some As Rs 2000 Note Exchange Window Opens

The Reserve Bank of India (RBI) has not made the presentation of a valid ID or filling of deposit forms mandatory, there were complaints from some places that banks were demanding customers to submit identity cards as proof

23 May 2023

Indian Rupee

India, Malaysia Can Now Trade In Indian Rupee

On Saturday, India and Malaysia can now use the Indian rupee to settle trade in addition to other currencies, the Ministry of External Affairs (MEA) said.

01 April 2023

Kotak Mahindra Bank.

Rs 2,000 Note Withdrawal: Kotak Mahindra Bank Garners Deposits Of Rs 5,400 Cr

The majority of the customers depositing the money are businesses, and the money is coming into current accounts held by them, the private sector lender's president for retail liabilities and branch banking Virat Diwanji...

16 June 2023

RBI Governor Shaktikanta Das

Impact Of Rs 2,000 Notes Withdrawal 'Very Very Marginal' On Economy: RBI Governor Shaktikanta Das

RBI Governor Shaktikanta Das said withdrawal of Rs 2,000 notes is part of clean note policy and they continue to be a legal tender

22 May 2023

Delhi CM Arvind Kejriwal

Kejriwal Writes To PM Modi, Reiterates Demand For Lakshmi-Ganesh Photos On Currency Notes

Claiming that the Indian economy was not in good shape, Kejriwal had on Wednesday said the country needed a lot of effort to get the economy back on track along with the "blessings of our gods and goddesses".

28 October 2022

Import Stress

Rupee As Global Currency: What Is Stopping India?

The recent BRICS foreign ministers’ meeting in Cape Town has once again put the spotlight on the demand for currencies that can challenge the US dollar’s hegemony. India aspires to make its rupee an alternative, but as a...

07 June 2023

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17 October 2022

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12 July 2022
How RBI's Rupee Trade Settlement Will Function To Create Demand For Indian Currency

How RBI's Rupee Trade Settlement Will Function To Create Demand For Indian Currency

Under the new international trade settlement norms all exports and imports will be invoiced in Indian rupee and the exchange rates between the trading partners...


10 June 2022
Rupee Falls 8 Paise, Hits Record Low Of 77.82 Against US Dollar

Rupee Falls 8 Paise, Hits Record Low Of 77.82 Against US Dollar

At the interbank foreign exchange, the rupee opened on a weak note at 77.81 against the American dollar, then lost ground to quote at 77.82 -- its all-time low...


08 June 2022
Rupee Gains 9 Paise to 77.69 Against US Dollar In Early Trade Ahead Of RBI Policy Outcome

Rupee Gains 9 Paise to 77.69 Against US Dollar In Early Trade Ahead Of RBI Policy Outcome

A weak trend in domestic equities, surging crude oil prices and unabated foreign fund outflows capped the appreciation bias of the rupee.


24 February 2022
Rupee Plummets 102 Paise To Close At 75.63 Per US Dollar As Russia Invades Ukraine

Rupee Plummets 102 Paise To Close At 75.63 Per US Dollar As Russia Invades Ukraine

At the interbank foreign exchange market, the rupee opened at 75.02 against the American dollar but later dropped to a low of 75.75 against the greenback.


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