rupee
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Bangladesh, India to begin bilateral trade in rupee next month
Jun 24, 2023Bangladesh and India are all prepared to use the rupee in bilateral commercial transactions, signaling a dramatic change away from the historic reliance on the US currency. The new transaction tool is expected to be launched... -
Deadline for Indians to deposit invalid rupee notes at banks closes on Friday
Dec 30, 2016News Hour: A deadline for Indians to deposit invalid rupee notes at banks closes on Friday as attention turns towards the potential political ramifications of Prime Minister Narendra Modi’s bold currency shakeup. Restrictions on the amount... -
Indian bank shares took hammering as customers struggled to get their hands on new notes
Nov 12, 2016News Hour: Indian bank shares took a hammering on Friday as customers struggled to get their hands on new notes three days after the government’s shock decision to withdraw high-denomination bills from circulation. Snake-like queues formed... -
ADB Raises $74 Million with Rupee-Linked Bond
Jul 28, 2016News Hour: The Asian Development Bank (ADB) has raised Rs5 billion (about $74 million) from its issuance of 5 year offshore Indian rupee (INR) linked bonds. This was ADB’s third bond issue in the offshore INR-linked...