Search For "currencies"
Nepali lawmakers demand to investigate attempt to smuggle foreign currenci
Updated : 1 year, 2 months ago IST
Nepali lawmakers from both ruling and opposition parties have demanded the formation of a high-level committee to investigate an attempt to smuggle foreign currencies to China.
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India, Mauritius join hands to trade in local currencies
Updated : 1 year, 2 months ago IST
The two leaders had agreed to facilitate trade settlements in local currencies--Indian Rupee and Mauritian Rupee--which would help derisk bilateral trade.
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PM Modi, Mauritius counterpart Ramgoolam agree to facilitate trade settlem
Updated : 1 year, 2 months ago IST
The two leaders also agreed to hold the second session of the High Power Joint Trade Committee under the Comprehensive Economic Cooperation and Partnership Agreement (CECPA) to further strengthen trade, economic cooperation and partnership between the two nations.
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India forex reserves drop USD 1.8 billion to USD 639 billion in latest wee
Updated : 1 year, 2 months ago IST
Foreign exchange reserves, or FX reserves, are assets held by a nation's central bank or monetary authority, primarily in reserve currencies such as the US Dollar, with smaller portions in the Euro, Japanese Yen, and Pound Sterling.
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Rupee hits record low of 87.29 against USD as currencies globally tumble a
Updated : 1 year, 3 months ago IST
"Though Trump has been threatening BRICS countries also, it remains as to when he would press the button. This could be a knee jerk on the Rupee, but it's better to wait and watch for a couple of days" the currency expert said.
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Centre grants FCRA license to Banke Bihari temple following court approval
Updated : 1 year, 4 months ago IST
The Central government has issued a license under the Foreign Contribution (Regulation) Act (FCRA) to Banke Bihari Temple, citing its frequent receipt of foreign currencies through offerings and donations from abroad.
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Welcoming Prrabhjot Singh Saathi as Payomatix's New CEO and Global Directo
Updated : 1 year, 4 months ago IST
New Delhi [India], January 16: Payomatix, a leader in cutting-edge payment solutions, is proud to announce the appointment of Prrabhjot Singh Saathi as its new Chief Executive Officer and Global Director. With extensive experience in fintech and a passion for driving innovation, Saathi is se
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"Rupee today stands among most stable currencies in world," says BJP's Ami
Updated : 1 year, 4 months ago IST
Malviya highlighted key metrics, such as India's "reduced current account deficit, strong foreign exchange reserves, and restrained external debt growth," which he said have contributed to the rupee's stability despite global challenges.
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RBI inks treaty for cross border transactions with Maldives to promote use
Updated : 1 year, 6 months ago IST
The Reserve Bank of India (RBI) and the Maldives Monetary Authority (MMA) signed a Memorandum of Understanding (MoU) in Mumbai to establish a framework to promote the use of their respective local currencies, the Indian Rupee (INR) and the Maldivian Rufiyaa (MVR).
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Mumbai: ED recovers Rs 4.6 crore in foreign currency, Rs 4 lakh cash in ra
Updated : 1 year, 6 months ago IST
The Mumbai Zonal Office of the Directorate of Enforcement (ED) on Thursday recovered foreign currencies equivalent to Rs 4.6 crore, along with Rs 4 lakh in Indian currency, during a search operation across five locations in Mumbai.
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Rupee depreciated marginally in Oct compared to bloodbath in other currenc
Updated : 1 year, 6 months ago IST
The Indian Rupee depreciated marginally in October by 0.3 per cent compared to the bloodbath witnessed in other major currencies, highlighted a report by Bank of Baroda.
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New payment systems could weaken dollar dominance and spike De-dollarizati
Updated : 1 year, 7 months ago IST
The signs of De-dollarization are evident in the commodities space, where energy transactions are increasingly priced in non-USD currencies, highlighted a report by JP Morgan.
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