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Indian Rupee news

  
Showing stories 1 - 10 of about 66   

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Don't take 1000 and 500 Indian rupee notes to Nepal
Tourists, businessmen and officials from India visiting Nepal are facing a new problem, following the Nepal government's ban on exchange of Indian currency in the denominations of Rs 500 and Rs 1,000. "I was shocked after a restaurant owner refused to ...
Indian rupee back below 55
After a week of growing muscles, the Indian rupee once again slumped below the 55-mark against the US dollar, and the 15-mark against the UAE dirham, much to the relief of Indian expats across the world, some of who are still waiting to remit their ...
Indian rupee slumps on news that Pranab is President
In a reversal of the short-term trend, the Indian rupee declined by more than 1.16 per cent in early trade this morning on news that Pranab Mukherjee, the former finance minister of India, has been elected President of the country.
Mukherjee Elected India President in Victory for Singh  Bloomberg
India elects savvy political veteran as president  Los Angeles Times
Why is printing a Rs 50 note costlier than a Rs 100 note?
According to a Right to Information reply by the Reserve Bank of India, it costs 50 paise for printing a currency note of Rs 5 denomination, Rs 1 (0.96 paise) for Rs 10, Rs 1.50 for a Rs 20 note. But, surprisingly, it costs more to print a Rs 50 note ...
A Rs 1000 coin to celebrate 1000 years of Thanjavur big temple
COIMBATORE: Numismatists have a reason to rejoice. Soon, they could have limited edition commemorative coins of Rs 1,000 denomination in their collection.
RBI to issue Rs.10 and Rs.50 banknotes with rupee symbol
Mumbai: The Reserve Bank of India (RBI) said on Thursday it will soon issue Rs.10 and Rs.50 denomination bank notes incorporating the rupee symbol which was officially adopted in 2010. The new banknotes bearing the signature of RBI Governor D ...
Current account deficit has put pressure on rupee: RBI
Chennai: India's current account deficit has been a contributing factor to the downward movement of the rupee, said Reserve Bank of India deputy governor Subir Gokarn. High demand for the dollar to finance the deficit and capital inflows are not ...
India Struggles to Cushion Rupee's Fall
For almost a year, India's central bank has spent billions of dollars to support the beleaguered rupee. And yet the currency is Asia's worst-performing against the U.S.
India to investigate alleged HSBC lapses in checking money-laundering
According to the report running into 340 pages, HSBC in 2009 authorised its affiliate to supply Indian rupees to Saudi Arabia's Al Rajhi Bank, which, the report said, has links to financing terrorism.
Trade 2022: How India's trade scenario will shape up ten years from now
Following the agreement with China, trade figures are being reported in three currencies - US dollar, Indian rupee and Chinese yuan.