Tag: US Dollar
Photo: First Post
PM Modi Calls For Internationalising The Indian Rupee
Indian prime minister Narendra Modi wants to turn the Indian rupee into an acceptable currency across the world. The prime minister unveiled his vision while speaking at an event marking the foundation day of the Reserve Bank of India, which is the country's central bank.… Read More
Photo: Moneycontrol
INDIA’S CONCERN – RUPEE TRADING IN LONDON BIGGER THAN IN MUMBAI
RBI, our Government and the financial-business community is very worried that London has overtaken Mumbai in the daily Rupee foreign exchange trading. Average daily volumes have increased 5X there in 3 years while Mumbai has grown but not so much. London is the oldest financial… Read More
Leave a Reply
Rupee Hits Rs. 69, A New Low Against US Dollar – But No Cause For Panic…
. The great Indian rupee hit a new low cross Rs. 69 per US dollar and recovered some. And this is the ever. The Reserve Bank of India is trying different ways to stop this even reverse it. So what is causing all this. The currency markets like stock markets… Read More
Leave a Reply
Photo: Google
Indian Rupee Weakens Below 68 vs The US Dollar For No Fault Of India…
The Indian rupee to the US dollar exchange rate floats freely with the exchange rate or price changing just like the price of commodities, vegetables and others change. We don't have a fixed exchange rate like some countries have with the US dollar. After a long-time, the Indian rupee weakened… Read More
