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Category INR

India’s rupee surges amid RBI’s $9 billion bond purchase

India’s rupee surges amid RBI’s $9 billion bond purchase

The rupee closed at 84.58 on Friday in Mumbai, rising 1% in one week after a heavy dose of bond buying by the Reserve Bank of India.
Dubai company invests $8.8 billion of crypto into the Maldives, more than the country’s GDP

Dubai company invests $8.8 billion of crypto into the Maldives, more than the country’s GDP

A Dubai-based investment firm just dumped $8.8 billion into the Maldives to build a massive crypto-focused financial hub, more money than the entir...
Indian police recover $3,000 for a crypto investment scam victim

Indian police recover $3,000 for a crypto investment scam victim

The Indian police have recovered about $3,000, facilitating the refund to a victim that fell for a fake crypto investment scam online. The refund w...
Trump administration very close to finalizing a trade deal with India

Trump administration very close to finalizing a trade deal with India

The Trump administration is almost done locking in a new trade agreement with India, and the deal could be announced within days. On Tuesday, Presi...
Pakistan suspends trade with India and closes its airspace

Pakistan suspends trade with India and closes its airspace

Pakistan has officially suspended trade with India, including goods transiting through Pakistan and those from any third nation.