The rupee closed around Rs 74 to a dollar on Friday against Rs 72.2 at the end of December 2019
The launch comes amid the world's most expansive coronavirus lockdown, which has crippled businesses and hurt trading volumes in the country's financial markets.
The rupee, which opened on a positive note at 75.90, settled for the day with gains of 78 paise at 75.16 against the American currency
Volatility continued to grip the markets amid investor concerns over the global coronavirus outbreak
Located on the second floor of the stately Prestige Falcon Towers on Bengaluru's Brunton Road, the temperature-controlled archive is a trove of stories
The free app doesn't need Internet connection and can identify Mahatma Gandhi series of notes, both old and new, included in half folded conditions
Finance Minister Nirmala Sitharaman said this week she's not closing the door on additional steps to support the economy.
London has become the biggest center for trading the Indian currency, according to the latest survey by the Bank for International Settlements in September.
The RBI data on Friday showed the currency with the public grew 15.2 percent to Rs 21.59 lakh crore as of the fortnight to October 25, as against Rs 17.97 lakh crore on November 4, 2016.
Blanket ban on cryptocurrency isn't a good idea
Had there been no demonetisation, the expected amount at the end of FY19 would have been Rs 22.45 trillion
Move could affect Indian tourists visiting the Himalayan nation where Indian currency is widely used
The decision can affect Nepalese labourers working in India as well as Indian tourists visiting Nepal
Swapping funds from yen to rupee was about 10 basis points cheaper than swapping from dollars to rupee
The wise approach is to obtain economic and financial stability by having an exchange rate that fluctuates
Rising currency, slowing digital transactions raise questions