Seven bankers told Reuters that using the e-rupee of the Reserve Bank of India (RBI) was much the same as internet-based banking that users were already satisfied with
The rupee closed at 81.43 per US dollar on Wednesday as against 81.72 per dollar on Tuesday
In CBDC, the core banking will have a one-time debit for currency purchase, but all subsequent transactions, which move from wallet to wallet
RBI says digital rupee for retail segment will be in the form of a digital token that represents legal tender, to be issued in same denominations as paper currency and coins
RBI said to have been actively buying dollars for the past couple of weeks, say currency traders
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Lender claims to be the first to offer these products in GIFT City
The rupee settled at 81.65 per US dollar on Thursday as against 81.31 per dollar at previous close
Next round of India-UK FTA talks expected in Dec: Commerce secy
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Export invoicing in INR is already allowed but the payment must come through Vostro Accounts maintained by foreign banks with a bank in India
As dollar index breaches key technical levels, outlook on rupee improves
Much of corporate portfolio has dollar-linked revenue and is not exposed to rupee depreciation
On Tuesday, the world's biggest exchange, Binance Holdings Ltd., was set to acquire troubled rival FTX.com. On Wednesday, Binance walked away from the deal citing problems with FTX's finances
Indian currency at 1-month high on FPI flows, weak dollar
DGFT makes key amendments to foreign trade policy
With the amendment to the Foreign Trade Policy, invoicing, payment, and settlement of trade can now take place in Indian rupee
Stronger yuan, resumption of FPI flows into stocks bolster rupee
The increase in reserves is mainly due to a rise in foreign currency assets that went up by $5.7 billion during the week
The rupee settled at 82.44 per dollar on Friday versus 82.89 on Thursday