Fri, Dec 01, 2023
Currency market update: The rupee appreciated by seven paise to settle at 83.30 against the US currency on Friday, having moved within an 11-paisa range of 83.25-83.36 during the course of the session.
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Thu, Nov 02, 2023
This move comes as the ICICI bank makes its digital rupee app UPI interoperable, revolutionizing the way customers and merchants conduct digital transactions.
Fri, Oct 13, 2023
Forex traders said that positive macroeconomic data failed to rev up the local currency, which has been under pressure due to the elevated level of the dollar and sustained withdrawal of foreign funds.
Tue, Nov 01, 2022
Digital Rupee: The money will be in virtual form just like other cryptocurrencies but the digital rupee will not be decentralised
It also announced that the first pilot in Digital Rupee - Retail segment is planned for launch within a month
Fri, Oct 07, 2022
The Reserve Bank of India today released the concept paper on Digital Rupee. RBI will start pilot project soon. Know full details from Brajesh Kumar.
Mon, Sep 26, 2022
The pressure on the domestic currency, which is mainly due to repeated hikes in interest rate by the US Fed, is likely to continue with rise in trade deficit and gradual withdrawal of funds by institutional investors.
Wed, Mar 09, 2022
The proposed Central Bank Digital Currency (CBDC) to be issued by the Reserve Bank will play a critical role in improving the speed of transactions and reducing the cost of cash, a Deloitte report said on Wednesday.
Mon, Feb 07, 2022
RBI is going to launch India's first digital currency soon. Here is all you need to know about it.
Thu, Feb 03, 2022
Budget 2022: FM Sitharaman said - Introduction of Central Bank Digital Currency (CBDC) will give a big boost to digital economy.
Tue, Feb 01, 2022
The finance minister said "With the aim to take Digital Banking to every citizen. 75 digital banking units in 75 districts of the country will be launched".
Digital currency will lead to a more robust, efficient, trusted, payments option.
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