The Indian rupee experienced significant volatility in June, largely driven by the impact of elections, Foreign Portfolio Investor (FPI) outflows, and a rise in oil prices, which collectively strengthened the US dollar against the rupee, according to a report by Bank of Baroda.
The BRICS ministers of Foreign Affairs met in Russia's Nizhny Novgorod on Monday and held a plethora of discussions, including an important one on the enhanced use of local currencies in trade and financial transactions between the BRICS countries.
Bengaluru (Karnataka) [India], June 5: With the rise of technology, there are many ways to grow wealth safely and achieve financial freedom. One such way is investing in cryptocurrencies. Even though there are risks, crypto coins offer tremendous returns on a small investment over time if do
Reserve Bank of India Governor Shaktikanta Das said on Monday that Central Bank Digital Currency (CBDC) or digital currency, can drive financial inclusion and provide a much safer alternative to potentially dangerous private digital currencies.
The Indian currency Rupee was the least volatile major currencies among its emerging market peers and a few advanced economies in the just-concluded financial year 2023-24, according to the Monthly Economic Review report of the Department of Economic Affairs under the Ministry of Finance.
New Delhi [India], April 22: Onramp.Money, a pioneering fiat-to-crypto service, is excited to announce the listing of the USDt on TON stablecoin launched by Tether. Borne from a strategic collaboration between The Open Network and Tether, this groundbreaking initiative is set to redefine cry
The money, in shekels, dollars and other Arab currencies, was found in Hamas and Palestinian Islamic Jihad strongholds, or confiscated from the homes of their operatives or affiliated money changers.
"Russian oil supplies to India are maintained at a steadily high level; no problems arise with determining means of payment for oil exported by Russia," Maria Zakharova, the official spokeswoman for the Russian Foreign Ministry, said at a briefing on Wednesday (Local Time).
Noida (Uttar Pradesh) [India], April 2: IDEMIA Secure Transactions (IST), a division of IDEMIA Group, is a leading provider of payment and connectivity solutions for financial institutions, mobile network operators and automotive manufacturers. It has established itself as a leader in secure
The Directorate of Enforcement (ED) has attached movable properties worth Rs 433 crore in a money laundering case against Divyesh Darji, the Asia head of a UK-based crypto company - Bitconnect, and others for their alleged involvement in a crypto-currency scam in Gujarat.
New Delhi [India], March 26: One of the most misunderstood terms in Forex trading is swap or Forex swap. To trade successfully, you should understand what Forex swap depends on and how it is calculated. This article describes what a Forex swap is, explains its mechanics, and describes swap-f
New Delhi [India], March 22: Opportunities for exponential returns are abundant in the constantly changing world of cryptocurrency investing, drawing in both experienced traders and novices. Although Ethereum and Bitcoin continue to rule the market, astute investors are constantly searching