Rupee
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Rupee rises 38 paise to 82.75 against US dollar in early trade

India's inclusion in a major global bond index will open doors to increased foreign investment in the nation's debt market, traders said.

published on : 22nd September 2023
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Rupee trades in narrow range against US dollar

Forex traders said the dollar strengthened post the release of the US inflation number that was reported higher-than-expectation and weighed on the domestic unit.

published on : 15th September 2023
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Rupee rises 8 paise to 82.93 against US dollar

Forex traders said the rupee is witnessing range-bound trading against the dollar as the support from positive domestic equities was negated by elevated crude oil prices and a firm US dollar.

published on : 14th September 2023
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Rupee trades in narrow range against US dollar 

It opened at 82.92 against the dollar. It touched a low of 82.95 against the American currency in initial trade.

published on : 13th September 2023
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Rupee rises 10 paise to 82.93 against US dollar

In the initial trade, the rupee also touched a low of 83.00 against the greenback.

published on : 12th September 2023
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How to make e-rupee payments using UPI?

This makes transactions between retail digital rupee wallets compatible with UPI and consequently paving the way for wider adoption of electronic currency. 

published on : 11th September 2023
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Rupee falls 35 paise to close at 83.06 as foreign funds exit domestic equity market

At the interbank foreign exchange, the rupee opened at 82.78 against the US dollar and settled at 83.06 (provisional) against the greenback.

published on : 6th September 2023
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SBI, IDFC introduce UPI-CBDC interoperability

With the ‘eRupee by SBI’ application, SBI CBDC users can scan any merchant UPI QR code for transactions, the bank announced on Monday.

published on : 5th September 2023
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Rupee rises 9 paise to 82.61 against US dollar in early trade

At the interbank foreign exchange, the domestic unit opened strong at 82.58, then touched the lowest level of 82.63 against the greenback.

published on : 1st September 2023
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Rupee rises marginally to 82.62 against US dollar in early trade

The outflow of foreign funds and relatively higher crude prices weighed on the domestic unit, according to forex traders.

published on : 31st August 2023
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Rupee rises 2 paise to 82.61 against US dollar

Retreating crude oil prices also supported the Indian currency even as an outflow of foreign funds capped a sharp gain, forex traders said.

published on : 29th August 2023
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RBI curbs excess liquidity amid war against inflation

Taking cues from RBI’s liquidity tightening measures, the overnight call money rates have risen over the past few weeks.

published on : 27th August 2023
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Rupee rises 19 paise to close at 82.94 against US dollar

At the interbank foreign exchange market, the local unit opened at 83.07 against the US dollar and moved in a range of 82.93 to 83.09 in the day trade.

published on : 22nd August 2023
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Canara Bank comes up with digital rupee app in Karnataka  

With the introduction of this innovative feature, customers will be able to make payments  by scanning merchant UPI QR codes using Canara Digital Rupee app.

published on : 22nd August 2023
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Rupee rises 5 paise to 83.05 against US dollar

Dollar witnessed its longest winning streak in the last 15 months following safe haven buying on the back of uncertainty in China and better-than-expected economic numbers from the US,.

published on : 21st August 2023
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Rupee plunges to record low of 83.15 against US dollar

The Reserve Bank of India (RBI) stepped in the market to arrest the slide and sold dollars via public sector banks, which helped the local currency to stabilise.

published on : 18th August 2023
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Rupee goes international - Journey of Indian currency since 1947

Even though the falling rupee may not benefit the entire economy, a devalued currency certainly has its merits as it aids in boosting exports.

published on : 15th August 2023
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Rupee falls 19 paise to 82.85 against US dollar amid losses in local equities

Foreign fund inflows and softening crude prices, however, supported the Indian currency even as investors were awaiting India's industrial output number, to be released later in the day, said analysts

published on : 11th August 2023
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Rupee rises 17 paise to close at 82.68 against US dollar post RBI policy decision

Forex traders said the rupee appreciated tracking a weak tone in the US dollar.

published on : 10th August 2023
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Rupee rises by 5 paise to 82.80 against US dollar

At the interbank foreign exchange, the domestic unit opened stronger at 82. 81 against the dollar and touched 82.80, registering a gain of 5 paise over its previous close.

published on : 10th August 2023
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