The new system will use emerging technologies to complete transactions instantly - a process that typically takes about 36-48 hours
Indian Rupee today: The domestic currency opened flat at 88.78 against the greenback on Friday, according to Bloomberg
President Donald Trump and Bessent are making a bet on a nation that's defaulted and devalued repeatedly over the past several decades
Indian Rupee today: The domestic currency ended flat at 88.79 against the greenback on Thursday, according to Bloomberg
Indian Rupee today: The domestic currency opened four paise higher at 88.75 against the greenback on Thursday
Indian Rupee today: The domestic currency closed two paise lower at 88.79 against the greenback on Wednesday
Indian Rupee today: The domestic currency opened three paise higher at 88.75 against the greenback on Wednesday
Indian Rupee today: The domestic currency closed flat at 88.78 against the greenback on Tuesday, according to Bloomberg
Indian Rupee today: The domestic currency opened six paise higher at 88.72 against the greenback on Tuesday
Indian Rupee today: The domestic currency closed nine paise lower at 88.78 against the greenback
Indian Rupee today: The domestic currency closed 10 paise higher at 88.69 on Wednesday against the greenback
Indian Rupee today: The domestic currency opened four paise lower at 88.79 on Tuesday against the greenback
Indian rupee today: The domestic currency opened 5 paise stronger at 88.66 on Monday against the greenback
Indian Rupee today: The domestic currency opened flat but fell five paise to 88.72 in morning trades on Friday
Indian Rupee today: The domestic currency opened 6 paise higher at a new low of 88.38 against the greenback on Friday
Indian Rupee today: The domestic currency closed 34 paise lower at a new low of 88.44 against the greenback on Thursday
Indian Rupee today: The domestic currency opened 3 paise lower at 88.13 against the greenback on Thursday, according to Bloomberg
Indian Rupee today: The domestic currency closed 1 paise lower at 88.11 against the greenback on Wednesday, according to Bloomberg
Indian Rupee today: The domestic currency opened 11 paise lower at 88.25 against the greenback on Friday
Indian Rupee today: The domestic currency opened five paise higher at 88.10 against the greenback on Friday