The 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 IST
Rupee down 21 paise against dollar in early trade
The rupee was trading lower by 21 paise at 66.35 against the dollar in early trade on Monday at the Interbank Foreign Exchange (forex) market on increased demand for the US currency from importers and jump in global crude prices as tensions flared up between Iran and Saudi Arabia.
Jan 04, 2016, 11:06 AM IST
