Home Business RBI And Bank Indonesia Sign Pact For Bilateral Transactions In Local Currencies The MoU covers all current account transactions, permissible capital account transactions, and any other economic and financial transactions. Published: March 7, 2024 6:15 PM IST By IANS RBI File photo Mumbai: The Reserve Bank of India (RBI) and the Bank Indonesia … Read more
Domestic gold surged to a fresh all-time high as the most active MCX near-month futures boomed to Rs 63350 per ten grams last week. Firm overseas prices, weak Indian rupee and expectations of an increase in jewelry demand and peak wedding season propelled the sentiment towards the metal. The Indian trade body is expecting business … Read more
While government officials say India is not really worried about deteriorating trade relations with Russia over its problem of rupee accumulation, some exporters in that country were impatient over the issue. The issue began when the US and other Western economies imposed sanctions on Russia following its invasion of Ukraine in February last year. An … Read more