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Rupee

News Reports

Indian Rupee breaches the 90-mark against the Dollar: Here are the reasons behind this historic depreciation

Shraddha Pandey -
Predictably, the opposition parties and the extended anti-Modi cabal have seized the opportunity to attack the Modi government and accuse it of gross economic mismanagement.
News Reports

Replacing ₹ symbol with the Tamil script signifies state’s protest against the policies of Union government: DMK spokesperson

ANI -
DMK spokesperson Saravanan Annadurai said that the aim behind the usage of Tamil symbol 'Ru' in place of ₹ was to signify the protest of the state against the policies of the Union government.
News Reports

India and Oman exploring Rupee trade between the two countries, utilising UPI stack in Oman’s digital economy: Foreign Secretary

ANI -
Foreign Secretary Vinay Kwatrasaid that discussions are underway between India and Oman on utilising UPI stack, and Rupee trade between the 2 countries
News Reports

Banks in 22 countries including Russia, UK, Germany, Israel open special Vostro accounts in Indian banks to trade in Indian Rupee

ANI -
Banks from 22 countries have opened special Rupee vostro accounts in Indian banks in order to trade in local currency
OpIndia Explains

Nirmala Sitharaman said it’s not rupee sliding but dollar strengthening: Here’s what she meant and how she is right

Jinit Jain -
Indian Finance Min Nirmala Sitharaman said that rupee is not sliding but the US dollar is strengthening. And she is right.
Fact-Check

Far-left and Congress trolls display ignorance while targeting PM Modi, misinterpret data to claim Rupee weakening against Bangladeshi Taka

OpIndia Staff -
As the value of 1 Rupee is equal to 1.16 Bangladeshi Taka, trolls assumed Rupee is weak against Taka and targeted PM Modi
Media Fact-Check

Fact check: No, Indian Rupee didn’t lose against Bangladeshi Taka

OpIndia Staff -
The Indian currency INR is stronger than the Bangladeshi Taka
Economy and Finance

Rupee continues to strengthen on expectations that Modi is going to form the government again

OpIndia Staff -
The month of March has witnessed the most robust Rupee performance since 2nd January 2019.
Economy and Finance

Facts, No Fiction: What the rupee does (not) tell us

Karan -
Rupee does not signal the health of the Indian Economy, however, it is an important indicator as far as the external sector is concerned.
Economy and Finance

Rupee rises 21 paise against US Dollar, touching a three-month high

OpIndia Staff -
The Rupee rose by 21 paise to 69.64 against the US Dollar.
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