Newsisland
Rising oil prices, West Asia tensions and investor panic push rupee to record low, increasing pressure on India’s economy and markets New Delhi: The Indian rupee fell to its lowest level ever, reaching 93.12 against the US dollar. This happened because oil prices increased and tensions in West Asia worried…
India’s e-Rupee is digital version of the country’s currency issued by the central bank to support the growing digital economy New Delhi: India has taken an important step toward the future of digital finance by introducing the e-rupee, the country’s official digital currency. The Reserve Bank of India launched the…
Record-breaking stock market performance contrasts sharply with a declining rupee shaped by limited foreign inflows, global volatility and increased dollar demand. The Indian Rupee continued to move lower on Monday, slipping 1 paisa against the US dollar. This decline comes at a time when the Indian stock market is performing…
