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Latest Articles in rupee
2.51% Of Rs 2,000 Notes In Circulation Till June End: MoS Finance In Lok Sabha
The total value of Rs 2000 banknotes in circulation was Rs 3.56 lakh crore at the close of business on 19 May 2023 - when the RBI decided to withdraw the note
Read MoreRupee Inches Higher, Realised Volatility In Short-term Nears 3%
The rupee was at 82.0350 to the US dollar by 10:46 IST, up from 82.0925 on Wednesday, however, the rupee all through this week has been hovering around 82
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Take It Slow: Internationalisation Of The Rupee
IDG’s opinion that internationalisation is a "process rather than an event" is probably RBI-speak to mean “surely not for now”
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Rupee Advances For Second Day, Follow Asian Counterparts
The rupee ended at 82.36 against the dollar compared with 82.56 in the previous session, however, the currency gained 0.25 per cent on the day, adding to Monday's 0.2 per cent rise
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Rupee Benefits From Dollar's Decline After Release Of US Employment Data
Non-deliverable forwards indicate the rupee will open at around 82.60-82.62 to the US dollar, compared with 82.74 in the previous session
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Two Bangladeshi Banks To Begin Rupee Transactions For Trade
State-owned Sonali Bank and Eastern Bank have opened "nostro" accounts in rupees with State Bank of India and ICICI Bank, officials from both banks said
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Rupee Falls To Three-week Low, Future Premiums Are At Lowest Since 2011
The currency is headed for a third straight session of losses which was at 82.42 to the dollar by 10:44 a.m. IST compared with 82.2250 in the previous session.
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RBI Panel Makes Recommendations For Internationalisation Of Rupee; Suggests Short-term, Long-term Measures
The internationalisation of the rupee gathered steam following the Reserve Bank of India's (RBI) announcement of a mechanism to settle payments for international trade in rupees, especially for India's exports. The Reserve Bank of India (RBI) allowed invoicing and payments for international trade in Indian Rupee on 11 July 2022
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Rupee Hits Near Two-month High Due To Inflows
The rupee was at 81.8175 to the dollar by 11:16 IST, up from 82.0375 in the previous session. The local currency reached 81.76, the highest since 8 May
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Following Strong Equity Inflows, Rupee Performs Best In June Since January
The rupee ended at 82.0375 per dollar, compared to its close of 82.0550 in the previous session. On the month, the rupee rose 0.77 per cent, the highest since a 1.19 per cent appreciation in January
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Rupee Rises 8 Paise To 81.93 Against USD
On Wednesday, the rupee stood at 82.01 against the dollar
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Indian Rupee To Open Slightly Higher, Avoiding Losses In Asian Peers: Report
The USD/INR NDF has not reacted to another round of losses for the Chinese yuan and the move higher on USD/Asia overall, a forex trader at a private bank said
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Rupee Hits One-month High On Expected Corporate Dollar Inflows
The rupee hit the day's high of 82.1250 to the dollar, its highest since 12 May and was up 0.3 per cent at 1:55 p.m.
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Rupee Closes At Around Two-week High Ahead Of US Inflation Data
The rupee hit a peak of 82.3650 to the dollar, its highest since 2 June, before ending at 82.3675, compared with 82.43 in the previous session
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Rupee Gains Most In A Single Day In Two Months Following Strong GDP Data
The rupee closed at 82.40 against the US dollar, compared to 82.72 on Wednesday, after touching 82.36 during the session, its highest since 18 May
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