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Since 1947, India has provided a slew of assistance to bankrupt Pakistan. The Reserve Bank of India even printed currency notes for its neighboring country between August 1947 and September 1948.
A man walks past an installation of the Rupee logo and Indian currency coins outside the Reserve Bank of India (RBI) headquarters in Mumbai, India, April 9, 2025.
There was a significant drop in India’s foreign currency assets (FCAs) during the week under review. The FCAs decreased by USD 3.047 billion, bringing the total FCA reserves to USD 562.576 billion.
Understand NRO account repatriation rules, including the USD 1 million limit for funds, current income remittance, and ...
India-Business News: The Reserve Bank of India has established guidelines for exchanging damaged currency notes, ensuring that individuals don't face financial losses due ...
The Reserve Bank of India (RBI) is seeking to expand its cross-border payments platform — which will allow instant settlements — by adding new trading partners in Asia and the Middle East.
The Reserve Bank of India significantly reduced its gold repatriation in the second half of fiscal year 2025, bringing home only 1.53 tonnes compared to 102.15 tonnes in the previous six months.
At the latest monetary policy meet, RBI Governor Sanjay Malhotra said the foreign exchange kitty was sufficient to meet 11 ...
The Reserve Bank of India (RBI) actively intervenes in forex markets to maintain a stable exchange rate, to help facilitate trade. In addition, the RBI tries to maintain the inflation rate at its ...
The Reserve Bank of India (RBI) actively intervenes in forex markets to maintain a stable exchange rate, to help facilitate trade. In addition, the RBI tries to maintain the inflation rate at its ...
The Reserve Bank of India even printed currency notes for its neighboring country between August 1947 and September 1948. At the time of Partition, Pakistan had no infrastructure.