Search For "internationalisation of rupee"
India, Mauritius join hands to trade in local currencies
Updated : 12 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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India's economic stride strengthening rupee's internationalisation in new
Updated : 1 year, 7 months ago IST
With growing global fragmentation, and geopolitical and geostrategic shifts, de-dollarisation plans are gathering currency. On the other hand, BRICS countries are working on reducing dollar dominance in the global financial system by replacing it with a new global currency.
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Rupee goes international - Journey of Indian currency since 1947
Updated : 2 years, 7 months ago IST
Banks from 22 countries have opened special Rupee vostro accounts in Indian banks in order to trade in local currency as part of gradual de-dollarisation plans, the Parliament was informed during the just concluded monsoon session of Parliament.
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Rupee goes international - Journey of Indian currency since 1947
Updated : 2 years, 7 months ago IST
Banks from 22 countries have opened special Rupee vostro accounts in Indian banks in order to trade in local currency as part of gradual de-dollarisation plans, the Parliament was informed during the just concluded monsoon session of Parliament.
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22 countries opened special bank accounts in India to trade in Rupee: Mini
Updated : 2 years, 7 months ago IST
Banks from 22 countries have opened special Rupee vostro accounts in Indian banks in order to trade in local currency as part of gradual de-dollarisation plans, the Parliament was informed on Friday.
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RBI panel makes recommendations for internationalisation of rupee; suggest
Updated : 2 years, 8 months ago IST
The Inter-Departmental Group (IDG) constituted by the Reserve Bank of India to examine issues related to the internationalisation of the Indian rupee and has come up with a report, where it made various short-term and long-term recommendations
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Cooperation between India, Russia payment systems to boost tourism: Russia
Updated : 2 years, 11 months ago IST
Sergey Cheryomin, Head of the Department for External Economic and International Relations of Moscow on Wednesday said cooperation prospects between the Russian payment system Mir and Indian payment system RuPay are bright and would also help boost tourism.
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Outlook 2023: Rupee's trail hinges largely on global monetary policy actio
Updated : 3 years, 2 months ago IST
Monetary policy tightening by various central banks to contain inflation, the war in Ukraine leading to price rise for crude oil and subsequent realignment in the global energy supply chain, and strengthening of the US Dollar index kept the Indian currency under pressure.
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India, UAE in talks for rupee-dirham denominated bilateral trade
Updated : 3 years, 3 months ago IST
India and UAE are in talks for a Rupee-Dirham-denominated bilateral trade.
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RBI Deputy Governor says internationalisation of rupee is a desirable obje
Updated : 3 years, 4 months ago IST
The Deputy Governor said protection from currency volatility not only reduces cost of doing business, it also enables better growth of business, improving the chances for Indian business to grow globally.
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From 4 to 80: A look back at journey of Rupee since India's Independence
Updated : 3 years, 7 months ago IST
New Delhi [India], August 15 (ANI): India is celebrating its 75th year of Independence and is at the crossroads of realising a resilient economic growth for its people during the next 25 years - what the government terms the country's "Amrit Kaal".
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RBI should internationalise Indian currency rupee, says SBI Research
Updated : 3 years, 8 months ago IST
New Delhi [India], July 8 (ANI): The Reserve Bank of India (RBI) should make a conscious effort to internationalise the Indian currency rupee amid disruptions in payments caused by the ongoing Russia-Ukraine war, said SBI Research in a report on Thursday.
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