The Token Currency with Copper Coins was introduced by Sultan Muhammad Bin Tughlaq in 1330 CE. He is remembered as a "Man of Ideas" born ahead of his time. The introduction of token currency stands ...

The Reserve Bank of India has resumed aggressive pre-market forex intervention and capped bank positions to support the rupee ...

The Reserve Bank of India (RBI), like its global peers, is a cautious, conservative central bank. So, it comes as a surprise that in recent months the RBI has been talking up the internationalization ...

The Indian rupee has witnessed one of its sharpest declines in recent years, slipping from the 90-mark to nearly 95 against ...

India’s currency lost around a tenth of its value against the dollar in the fiscal year to the end of March. The GDP rankings do not matter (beyond wounded pride). India, which is growing five times ...

MUMBAI, Sept 19 (Reuters) - Indian firms are opting for cross-currency swaps to convert part of their rupee debt into dollars in an attempt to trim borrowing costs as U.S. interest rates decline, six ...

Ten experiments across India to test e‑rupee delivery CBDCs can be used to deliver welfare payments more efficiently Welfare payments to boost use of e-rupee, reduce misallocations Critics say heavily ...

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The tighter controls and abrupt announcement may fuel perceptions that India is backtracking on efforts to integrate with global markets RBI forced banks to unwind bearish rupee bets amid currency ...