rupee

Latest news and articles about rupee from NEX English

India bans rupee trading to support struggling currency

India has announced a ban on its banks from offering popular instruments for trading the rupee in foreign markets, threatening a market worth <strong>$149 billion daily</strong>. This unprecedented move aims to support the Indian currency, which is experiencing a sharp decline.

India Implements Strict Measures Against Speculative Betting on Rupee

India has announced decisive steps to curb speculative betting against its national currency, the rupee, leading to significant pressure on traders. These measures come at a time when the rupee faces increasing strain due to regional crises, particularly the conflict in Iran.