Business Standard

Indian Currency

Updated On : 24 May 2023 | 5:51 PM IST
Updated On : 22 May 2023 | 6:43 PM IST
Updated On : 30 Oct 2022 | 1:40 PM IST

Rupee likely to end 2020 as the worst performing currency in Asia

The rupee closed around Rs 74 to a dollar on Friday against Rs 72.2 at the end of December 2019

Rupee likely to end 2020 as the worst performing currency in Asia
Updated On : 22 Dec 2020 | 6:05 AM IST

Sitharaman launches two exchanges to take on offshore currency market

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.

Sitharaman launches two exchanges to take on offshore currency market
Updated On : 09 May 2020 | 12:28 AM IST

Rupee settles 78 paise higher at 75.16 a dollar on stimulus boost

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

Rupee settles 78 paise higher at 75.16 a dollar on stimulus boost
Updated On : 26 Mar 2020 | 6:26 PM IST

Rupee continues to slide, plummets 54 paise to 73.87 against US dollar

Volatility continued to grip the markets amid investor concerns over the global coronavirus outbreak

Rupee continues to slide, plummets 54 paise to 73.87 against US dollar
Updated On : 06 Mar 2020 | 9:38 PM IST

One man's obsession has created Bengaluru's Museum of Indian Paper Money

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

One man's obsession has created Bengaluru's Museum of Indian Paper Money
Updated On : 22 Feb 2020 | 12:16 AM IST

RBI comes up with mobile app to help visually impaired identify notes

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

RBI comes up with mobile app to help visually impaired identify notes
Updated On : 02 Jan 2020 | 1:18 AM IST

As news goes from bad to worse, Modi govt scrambles to revive the economy

Finance Minister Nirmala Sitharaman said this week she's not closing the door on additional steps to support the economy.

As news goes from bad to worse, Modi govt scrambles to revive the economy
Updated On : 29 Nov 2019 | 12:25 PM IST

India plans to migrate rupee trading back home. Why is that an uphill task?

London has become the biggest center for trading the Indian currency, according to the latest survey by the Bank for International Settlements in September.

India plans to migrate rupee trading back home. Why is that an uphill task?
Updated On : 26 Nov 2019 | 8:12 AM IST

Demonetisation, 3 years on: Cash in circulation has grown 20% to Rs 22 trn

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.

Demonetisation, 3 years on: Cash in circulation has grown 20% to Rs 22 trn
Updated On : 08 Nov 2019 | 11:19 PM IST

Embracing innovation

Blanket ban on cryptocurrency isn't a good idea

Embracing innovation
Updated On : 25 Jul 2019 | 12:42 AM IST

Currency in circulation may touch around Rs 20.9 trillion by FY19

Had there been no demonetisation, the expected amount at the end of FY19 would have been Rs 22.45 trillion

Currency in circulation may touch around Rs 20.9 trillion by FY19
Updated On : 28 Feb 2019 | 12:05 AM IST

Nepal's Central Bank bans use of large-denomination Indian currency notes

Move could affect Indian tourists visiting the Himalayan nation where Indian currency is widely used

Nepal's Central Bank bans use of large-denomination Indian currency notes
Updated On : 21 Jan 2019 | 1:07 PM IST

Nepal govt bans usage of higher denomination Indian currency notes

The decision can affect Nepalese labourers working in India as well as Indian tourists visiting Nepal

Nepal govt bans usage of higher denomination Indian currency notes
Updated On : 14 Dec 2018 | 12:34 PM IST

Facing dollar squeeze, Indian companies rush for 'cheaper' Samurai loans

Swapping funds from yen to rupee was about 10 basis points cheaper than swapping from dollars to rupee

Facing dollar squeeze, Indian companies rush for 'cheaper' Samurai loans
Updated On : 11 Sep 2018 | 4:38 PM IST

Indian currency manipulation

The wise approach is to obtain economic and financial stability by having an exchange rate that fluctuates

Indian currency manipulation
Updated On : 16 Apr 2018 | 5:57 AM IST

Cash is back

Rising currency, slowing digital transactions raise questions

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Updated On : 04 Jul 2017 | 10:53 PM IST