Rupee closes stronger, RBI intervention blunts impact of surging dollar
The Indian rupee weakened to its lowest level on record on Friday before ending higher as the central bank's intervention supported the currency in the face of the U.S. dollar jumping to a two-year ...
Rupee weakens below 84.50/USD for first time ever on dollar strength, outflows
The rupee weakened below the psychologically important 84.50-per-dollar level to hit an all-time low on Friday as the ...
Malaysia Sun2d
RBI inks treaty for cross border transactions with Maldives to promote use of local currencies
The Reserve Bank of India (RBI) and the Maldives Monetary Authority (MMA) signed a Memorandum of Understanding (MoU) in ...
NerdWallet2d
How the Federal Reserve Affects Mortgage Rates
The Federal Reserve is one of many influences on mortgage rates, along with inflation and economic growth. Some or all of the mortgage lenders featured on our site are advertising partners of ...
devdiscourse2d
RBI and Maldives Monetary Authority Ink Landmark Currency Deal
The Reserve Bank of India and the Maldives Monetary Authority have announced a new agreement to facilitate cross-border ...
RBI to Roll Out eRupee CBDC Widely After Viewing Outcome or Impact: Report
Launched into trials back in December 2022, the RBI views it as a tool to internationalise the INR currency. The eRupee is ...