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India’s MobiKwik and Cred launch e-Rupee wallets
30 Jan 2025 12:51 GMT
… the central bank digital currency (CBDC) – e-Rupee (e₹) wallet – … CBDC will make the Indian rupee digital and further expand … to banks, to offer e-rupee transactions, reported Reuters. … interest in joining India’s digital currency project, reported Reuters …
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MobiKwik Becomes First Fintech to Launch Full-Scale CBDC Wallet in India
30 Jan 2025 12:50 GMT
… in India to launch a full-scale Central Bank Digital Currency ( … ₹ will help digitize the Indian rupee and accelerate the digital economy … , the RBI restricted digital currency access to banks, but in … in 2009, MobiKwik is India’s largest digital wallet by …
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Rupee ends slightly lower, set to underperform Asia FX in Jan
30 Jan 2025 10:23 GMT
The Indian rupee declined marginally on Thursday, after … in the previous session. The currency hovered between 86.57-86 … rupee's losses, traders said.
While the Reserve Bank of India … a private bank said.
The rupee has declined slightly more than …
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Pressure on Indian rupee to linger after Fed signals no hurry to cut rates
30 Jan 2025 03:48 GMT
MUMBAI: The Indian rupee is likely to stay on … Bank said in a note.
Indian rupee logs worst day in nearly …
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Rupee falls four paise to 86.59 against U.S. dollar in early trade
30 Jan 2025 06:20 GMT
… currency in the overseas market.
At the interbank foreign exchange, the rupee … close.
On Wednesday, the rupee pared its initial losses and … inflation trends," CR Forex Advisors, MD - Amit … , the focus remains on India's upcoming budget announcement …
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India's finance minister faces a tough choice crafting the annual budget — boost growth or cut deficit?
30 Jan 2025 05:18 GMT
… domestic demand, a depreciating rupee and rising global uncertainties.
… than-anticipated slowdown in India's economic … on the currency and likely triggering capital outflows.
India… further curbing inflationary pressures.
India-watchers have also been …
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India News | Rupee Falls 4 Paise to 86.59 Against US Dollar in Early Trade
30 Jan 2025 04:41 GMT
… in its outlook.
Forex traders said the rupee continued to face … broad strength of the American currency in the overseas market.
… close.
On Wednesday, the rupee pared its initial losses and … , the focus remains on India's upcoming budget announcement …
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Bad news for US as Donald Trump returns to power; foreign reserves drops to half of India reserves because...
30 Jan 2025 03:50 GMT
… countries need a widely acceptable currency which is currently USD. … To illustrate, if the Indian Rupee were strong enough to be … trade, India would not need to accumulate its own currency. With … trade in its own currency, reflecting its growing economic …
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Rupee Slump Takes Toll on Some of India’s Biggest Companies
30 Jan 2025 02:38 GMT
… their currency exposures. InterGlobe Aviation Ltd., which runs India’s … smaller companies have also announced currency-related losses, with more … their exposures just as rupee declines are expected to … Systems Ltd. reported a forex loss of 14 million rupees …
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Indian rupee opens four paise down at 86.5775 towards US greenback
29 Jan 2025 13:37 GMT
… 86.5775 towards US greenback
indian rupee opened four paise down on … one consecutive day.
The local forex at 86.5775 towards the … trading session.
On january 28, indian rupee depreciated 25 paise to shut … on january 28 known as India, china and brazil a …