India to push rupee investments in Sri Lanka
[ad_1] Rupee investments will ease the way for Indian firms to enter the Sri Lankan markets, the people mentioned above said, speaking under the condition of anonymity. During FY 2023,…
Overseas investing limits for mutual funds will depend on rupee’s stability: Das
[ad_1] MUMBAI : Reserve Bank of India governor Shaktikanta Das said the central bank is waiting for the right time to increase the overseas investment limit for domestic mutual funds,…
India and Lesotho discuss rupee trade
[ad_1] New Delhi: In its attempt to take the rupee global, India is in talks with Lesotho to conduct trade using the Indian currency, persons aware of the matter told…
Decoding the fall and rise of India’s forex reserves
[ad_1] On 14 July, India’s foreign exchange (forex) reserves stood at $609 billion. On 20 October, they hit a recent low of $583.5 billion before rising again slightly to $597.9…
Rupee fluctuation a problem, says FM
[ad_1] New Delhi: The government is keeping a continuous watch on the exchange rate, particularly after the slide of the rupee, finance minister Nirmala Sitharaman said on Monday, describing exchange…
FPIs in exit mode as weak rupee eats into returns
[ad_1] Mumbai: The steady weakening of the Indian rupee that has eroded dollar returns is a key trigger for foreign portfolio investors (FPIs) selling in India’s cash market in the…
Rupee trades flat against US dollar amid gains in equities – Times of India
[ad_1] MUMBAI: The rupee edged up 1 paisa to 83.21 against the US currency in a restricted trade on Thursday amid gains in domestic equities.The Indian currency was almost trading…
How rupee is expected to gain from India’s entry into a major global bond index – Times of India
[ad_1] The inclusion of India in a major global bond index is expected to strengthen the rupee against its peers, despite the possibility of higher US interest rates affecting the…