Cross-border trade transactions: Authorised dealer banks will be allowed to lend in rupees to non-residents in Bhutan, Nepal and Sri Lanka Transparent reference rates: Major homegrown trade partners ...

RBI eases forex rules for exporters and importers, extending repatriation timelines and simplifying compliance norms.

The Reserve Bank of India (RBI) announced key measures to internationalise the rupee, including introducing reference rates for major trading partner currencies.

RBI announces measures to ease compliance burden for small exporters and importers, including extended repatriation time and forex outlay.

Hong Kong held steady at 7%, slightly lower than its 7.6% share in 2019. Despite political and economic pressures, it remains a key channel for China-related financing and trade. Japan rounds out the ...

RBI is implementing measures to internationalise the rupee, aiming to reduce dollar dependence. New reference rates for major trading partner currenci ...

USD/INR has been trading in a limited range for over a week. Indian markets are closed on Thursday. The RBI kept its Repo Rate steady at 5.5% on Wednesday. The USD/INR pair ended Wednesday with a 0.2% ...

Mumbai: The RBI on Wednesday decided to ease foreign exchange management norms to facilitate easier payments by exporters, which include an extension in the time period for repatriation of forex ...

Rupee strengthens against US dollar as RBI announces measures to support exporters, domestic markets, and stabilize currency.

Steps include lending in rupees to neighbours, expanding SRVA investment options, and adding reference rates for partner currencies.

President Ali announces nine ‘forex’ policy measures PRESIDENT, Dr. Irfaan Ali has announced a series of immediate policy measures to strengthen foreign ...

RBI announces measures to help Indian exporters facing challenges from US tariffs, including reduced paperwork and extended forex outlay.