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India’s First Rupee Payments for Crude Oil Push Local Currency Global

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India makes historic rupee payment for UAE crude oil, pushing for global recognition of its currency. This move reduces transaction costs and boosts India's economic sovereignty. Exciting opportunities lie ahead as India aims to diversify its currency reserves and enhance its international influence.

Eurozone Sees Inflation Slowdown, ECB Pushes Back Rate Cut Expectations, India

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Eurozone experiences inflation slowdown as ECB delays rate cuts, while rupee remains flat against the dollar due to persistent local demand. Stay informed on global currency trends.

Rupee depreciation follows firm dollar and crude oil prices, India

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The Indian rupee depreciates against the US dollar due to a strong dollar and rising crude oil prices. Weak equity market sentiment also contributes to this decline.

Rupee Gains 17 Paise Against US Dollar as RBI Holds Interest Rates, India

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Indian rupee strengthens as RBI maintains interest rates - forex traders monitor market dynamics
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Rupee strengthens by one paisa to 82.03 on the back of weak dollar and stock market rally.

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The Rupee gains slightly against US dollar amidst weak greenback in overseas markets and a rally in domestic equities, although concerns remain over interest rate hikes in the US and geopolitical worries. Stay informed on the evolving global market scenario.

Sensex Surges 350 Points and Achieves New High, Nifty Crosses 19,750 Mark; Infosys Registers 2% Growth

Equity Market 0
Get the latest stock market updates as the Sensex rises by 350 points and hits a fresh high, with the Nifty crossing the 19,750 mark. Find out more about the market view and upcoming quarterly earnings announcements.

India’s Foreign Exchange Reserves Surge to $596.10 Billion in Latest Weekly Update

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India's foreign exchange reserves, including its IMF position, rose to $596.10 billion on June 16. With steady growth and consistent inflows, India is well-positioned to handle potential external shocks.

India’s Forex Reserves Experience Second Consecutive Weekly Drop

Business 0
India's foreign exchange reserves reach one-month low of $589.14bn, declining by $4.34bn in a week amid central bank intervention due to rupee fluctuations.

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