3500Crore Currency Swap Pact With UAE

1 week ago
India and the United Arab Emirates on Tuesday signed a currency swap agreement to boost investment and enable direct trade without using dollars or other international currencies. The swap is for 200 crore dirhams or Rs. 3,500 crore ($496 million),  ... ...

RBI monetary policy today: With economy slowing down in Q2, will the MPC be forced to stay on hold for now?

1 week ago
Cheap (easy) money is like mother's milk to a bull market. Just like a newborn infant multiplies in body weight in the first 6 months of its life surviving on mother's milk alone, stock markets boom on ample and lowcost money supply. So the monetary ... ...

More cash in market now than before demonetisation day, RBI data shows

1 month ago
There is more currency in the Indian economic system right now than there was on the eve of the demonetisation announcement two years, Reserve Bank of India data shows. The data also shows that the currency in circulation is currently growing at a rate Scars and wounds caused by demonetisation more visible with time: Former PM Manmohan Singh ... ...

Rupee At 2Week High: 10 Things To Know

3 months ago
The Indian rupee advanced by another 53 paise to trade at over a twoweek high of 71.84 against the US dollar in early trade on Friday at the Interbank Foreign Exchange, reported news agency Press Trust of India (PTI). According to forex dealers, the ... ...

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