Rupee strengthens to 83.47 against US Dollar

[ad_1] According to forex traders, the USD/INR pair is anticipated to stay range-bound with a slight bias towards weakness, as foreign investors purchase US dollars and the Reserve Bank of India (RBI) sells the currency. Published Date - 15 May...

Rupee falls 3 paise to close at 83.45 against US dollar

[ad_1] The rupee depreciated by 3 paise to close at 83.45 (provisional) against the US dollar on Wednesday, weighed down by elevated crude oil prices in international markets and persistent foreign fund outflows.A muted trend in domestic equities also dented...

97.69% of ₹2,000 notes as of March 29 2024 returned, remaining legal tender

[ad_1] The Reserve Bank of India (RBI) stated that as of March 29, 2024, 97.69 per cent of the ₹2,000 banknotes in circulation as of May 19, 2023, had been returned, with the remaining notes remaining legal tender. The central...