Current Affairs

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Indian rupee

India-UAE Agreement on Use of Local Currencies for Cross-Border Transactions

India and the United Arab Emirates (UAE) have signed a Memorandum of Understanding (MoU) with the aim of...

📅 July 18, 2023

Record Fall of Indian Rupee

On May 9th Indian Rupee fell to its all-time low against the US Dollar, closing at 77.50 per...

📅 May 11, 2022

RBI enhances scope of Special Non-Resident Rupee accounts

The Reserve Bank of India (RBI) has enhanced scope of ‘Special Non-resident Rupee’ (SNRR) by allowing persons residing...

📅 November 24, 2019

Usha Thorat heads RBI task force on Offshore Rupee Markets

The RBI task force on Offshore Rupee Markets (ORM), headed by Usha Thorat, has suggested liberal currency market...

📅 August 9, 2019

How India can be a USD 5 trillion economy?

While Prime Minister Narendra Modi has promised to make India a USD 5 trillion economy by 2025, significant...

📅 August 8, 2019

Rupee depreciates by 12 paise to 68.98 against US Dollar

The rupee is depreciated by 12 paise to 68.98 against the US dollar in early trade today on...

📅 March 28, 2019

RBI signs a $75 billion Bilateral Swap Arrangement (BSA) with Japan’s central Bank

The Reserve Bank of India (RBI) and Bank of Japan (BOJ) have signed a Bilateral Swap Arrangement (BSA)...

📅 March 4, 2019

Nepal Central Bank bans use of Indian Currency Notes

The Nepal Rastra Bank (NRB), the central bank of Nepal, has recently announced the ban of Indian currency...

📅 January 21, 2019

Nepal bans all Indian currency notes above Rs 100

The Nepal government has banned the use of Indian currency notes of Rs 2,000, Rs 500 and Rs...

📅 December 17, 2018

Masala Bonds

Masala bonds are rupee denominated overseas bonds. Here are key notable points about Masala Bonds. Such bonds are...

📅 May 1, 2018

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Indian rupee

India-UAE Agreement on Use of Local Currencies for Cross-Border Transactions

Record Fall of Indian Rupee

RBI enhances scope of Special Non-Resident Rupee accounts

Usha Thorat heads RBI task force on Offshore Rupee Markets

How India can be a USD 5 trillion economy?

Rupee depreciates by 12 paise to 68.98 against US Dollar

RBI signs a $75 billion Bilateral Swap Arrangement (BSA) with Japan’s central Bank

Nepal Central Bank bans use of Indian Currency Notes

Nepal bans all Indian currency notes above Rs 100

Masala Bonds

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