Rupee Edges Up 2 Paise To 82.84 Against US Dollar In Early Trade
Crude oil prices firmed up in early Asian trade. Brent crude, the global oil benchmark, gained 0.35 per cent to trade at USD 85.64 per barrel. Oil for Indian basket was up at USD 84.50 per barrel.
Mar 18, 2024, 09:53 AM IST77th Independence Day: The Rise Of Indian Rupee In The World; Will INR Replace US Dollar?
It might take some time for the currency to top the charts, but clearly the stage is set for the Indian Rupee to replace the dollar in the coming years. It
Aug 15, 2023, 08:48 AM ISTThe Rise Of Rupee: Indian Rupee Going To Takeover the Dollar Soon?
Indian Rupee is in the Race to take over the American Dollar. More than 18 countries have agreed to use Rupee for International trade with India. After this more than 35 countries have shown their interest to trade in Indian Rupee. The global importance of the Indian Rupee has risen in the last few years after India-Russia, India-UAE and India-Singapore agreements on trade deals in INR. Which has also led to a decrease of the use of dollars in international trade.
Aug 11, 2023, 11:40 AM ISTBig Update On Indian Currency: The world is ready to trade in Indian rupees!
The popularity of the Indian rupee in international trade is continuously increasing. So far, the dollar has had a major share in global trade and most of the countries of the world use dollars to buy and sell goods from each other. Many countries of the world have taken interest in using rupee for international trade.
Jul 23, 2023, 23:38 PM ISTRupee Declines 9 Paise To 82.05 Against Dollar Amid Geopolitical Worries
However, the local currency retreated from early highs amid volatile stock markets and touched a low of 82.05 in afternoon trade at the interbank foreign exchange market.
Jun 26, 2023, 16:21 PM ISTRupee Likely To Strengthen Towards 79 By End-FY24: UBS Securities
Jain said the Reserve Bank will cap any significant rupee gains to rebuild buffers (forex reserves) to provide insurance against potential global spillover.
Apr 04, 2023, 14:53 PM ISTIndia To Push For Rupee Trade In G-20 Meetings: Official
It can be noted that as of now, India has been successful in forging agreements with 18 countries.
Mar 27, 2023, 20:51 PM ISTDNA : 'Rupee' has come to compete with dollar in Global Trade
Now India's rupee has made an entry in Global Trade as well. Soon many countries of the world will start trading with India in rupees. 18 countries of the world have shown interest in doing business with India in rupees.
Mar 21, 2023, 00:30 AM ISTRupee To Replace Dollar? Indian Money Nearer To Become International Currency -- Check List Of Countries Agreed To Trade In INR
The latest report says that as more nations try to de-dollarize international trade, the Indian rupee is getting closer to becoming a recognised currency.
Mar 17, 2023, 14:06 PM ISTRupee not weakened, it is US dollar that has strengthened: Economic Survey
The dollar has appreciated by 4.4 percent in terms of the dollar index.
Jan 31, 2023, 19:14 PM ISTFACT CHECK: Does writing anything on the bank currency notes make them invalid? Here's truth
PIB confirms that bank notes with scribbling are not invalid and continue to be legal tender. It means you can use or take those currency notes which have scribbling on them. They don’t become invalid and banks won’t deny to accept them.
Jan 08, 2023, 14:48 PM ISTRupee ends as worst-performing Asian currency in 2022: Report
The rupee was also a victim of a rally in oil prices sparked by the Russia-Ukraine conflict, which pushed India's current account deficit to a record high in the September quarter in absolute terms.
Dec 30, 2022, 20:18 PM ISTRs 1,000 notes coming back, Rs 2,000 notes to be discontinued by Govt from January 1? Here is what you need to know
Social media viral videos assert that new Rs 1,000 notes will be introduced on January 1 and that Rs 2,000 notes would be returned to banks.
Dec 21, 2022, 14:11 PM ISTWill govt remove image of Mahatma Gandhi from Indian Currency notes? Finance Ministry says THIS on Indian Rupee
Congress member Anto Antony had asked whether the government has received any request/representation to include more images (including the images of Goddess Lakshmi and Lord Ganesha) in Indian currency notes.
Dec 13, 2022, 08:42 AM ISTRupee gains 30 paise to close at 81.63 against US dollar
Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, slipped 0.19 percent to 105.87.
Nov 24, 2022, 16:21 PM ISTRupee logs solid gains, strengthens by Rs 2 against US dollar in last eight days
Rupee vs US Dollar: On November 10, the rupee clawed back intraday losses to close 7 paise higher at 81.40 against the US dollar.
Nov 11, 2022, 21:04 PM IST'If he goes to Pakistan, he can say he's Pakistani': Congress leader MOCKS Kejriwal over solution for falling rupee
Arvind Kejriwal had suggested that to include images of Goddess Lakshmi and Lord Ganesh on Indian currency notes to boost the country's economy.
Oct 26, 2022, 15:32 PM ISTIndia's Forex Reserve falls to the lowest level in the last two year
This is the lowest level of India`s forex reserves since July 24, 2020.
Oct 08, 2022, 17:33 PM ISTRupee falls 16 paise to all-time low of 82.33 against US dollar in early trade
Indian currency for the first time closed below the 82 level against the greenback. It plunged 55 paise to close at a record low of 82.17 against the US currency.
Oct 07, 2022, 13:08 PM IST