“The Subhadra scheme was the first government programme to distribute funds using the digital rupee. Following the success in ...

Mumbai/New Delhi: The Reserve Bank of India (RBI) is expected to continue defending the rupee, with the government expressing ...

The Indian rupee gained on Wednesday on broad-based interbank dollar sales and after the central bank's firm defence of 87.40 ...

have opened e-rupee wallets for their users in partnership with Yes Bank. The RBI had then said that the move is expected to enhance access and expand choices available to users apart from testing ...

The RBI said it will conduct a USD/INR Buy/Sell swap auction of $10 billion later this month to inject liquidity into the banking system.

Reserve Bank of India (RBI) was the net seller of over $36 billion between June and December to support the Indian Rupee, showed government’s written responses in the Rajya Sabha on Tuesday.

Will consumers ditch cash and UPI to embrace e-rupee? To make the e-rupee popular, the RBI needs to address the deep-seated preference for cash, the ubiquity of UPI, and the need to strike a ...

MUMBAI, Feb 21 (Reuters) - The Reserve Bank of India will conduct a massive $10 billion three-year dollar/rupee swap auction ... the central bank said on Friday. The RBI will conduct the buy ...

Rupee forward premiums have dropped after the Reserve Bank of India (RBI) announced a raft of measures, including a dollar ...

The Mumbai Interbank Forward Offer Rate (MIFOR), which gauges currency risk when Indian companies bring dollar funds into ...

It has many tools to do so. On February 28, the RBI conducted a dollar-rupee buy/sell swap auction for $10 billion with a three-year tenor. The auction was oversubscribed 1.62 times. A Reuters ...