Topic: Rupee
Currency Swap Agreement Framework revised For SAARC
The Reserve Bank of India (RBI) has decided to further economic cooperations within the South Asian Association for Regional Cooperation (SAARC) member countries, the framework on currency swap...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 for offshore users. The panel recommended that onshore market hours...
RBI to issue new 20 Rupees denomination Banknotes
The Reserve Bank of India is all set to issue new ?20 denomination banknotes in the Mahatma Gandhi (New) Series. The new note bears the signature of Shri...Ellora Caves motif of greenish-yellow Rs 20 denomination banknotes
The Reserve Bank of India (RBI) has recently announced that it will shortly issue Rs 20 denomination banknotes in the Mahatma Gandhi (New) Series. The new denomination has...
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 increased demand for the US currency from importers and rising...Usha Thorat head of RBI task force on offshore rupee markets
The Reserve Bank of India (RBI) has recently constituted an 8-member task force headed by its former deputy governor Usha Thorat to examine issues related to offshore rupee...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 200 denominations in the country. The decision will adversely affect...
