For the week ended January 24, foreign currency assets, a major component of the reserves, increased from $4.758 billion to ...

India's foreign exchange reserves halted a seven-week losing streak and rose to $629.56 billion as of Jan. 24, coming off ...

Russia warned that U.S. efforts to enforce dollar use could backfire. The BRICS nations, while discussing a common currency, ...

One of the primary factors behind the rupee depreciation during 2024 has been the broad-based strengthening of the USD amidst ...

India's limited local currency trade reduces risk of US tariffs amid BRICS de-dollarisation push, promoting rupee ...

Kremlin spokesperson Dmitry Peskov clarified that BRICS, of which Russia is a member, was not considering the creation of a ...

Tiger Global and Peak XV backed Indian firm Cred has become the first fintech platform to roll out access to India's central ...

India has raised concerns over free trade agreements between the Maldives and China and Turkey, fearing they could worsen the ...

Although India has taken steps to reduce its reliance on the US dollar, country's External Affairs Minister S Jaishankar had earlier clarified that India has "no interest" in weakening the US dollar.

India's historical currency pieces, ranging from cowrie shells to coins like the Half Anna, Durmi, and Paisa, reflect the ...

The product was developed in collaboration with the Reserve Bank of India (RBI) and Yes Bank, which will act as the sponsor bank for CBDC issuance.