Reserve Bank of India Permits Banks from 18 Countries to Open Special Rupee Accounts for Settlements
The Reserve Bank of India (RBI) has granted permission to banks from 18 countries to open Special Vostro Rupee Accounts (SVRAs) for...
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Mar 15, 20232 min read
Rupee Drops to Record Low as Dollar Strengthens Against Major Currencies
The rupee plunged well past 81.50 per dollar on Monday as the dollar rose sharply to multi-year highs against most major currencies amid...
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Sep 26, 20221 min read
