Pakistan’s rupee, depreciating over 20 per cent in 2023, contends with political instability and dwindling forex reserves. “Dollar-linked Gulf currencies will aggravate these trends.

The Indian rupee is likely to weaken further, possibly testing the 90.40 mark in the coming weeks, experts said. Image: Shutterstock Forex firms are reporting a sudden spike in remittances from ...

Indian rupee continues volatile ride to move closer to 24/Dh The dollar and the dirham are turning all powerful against the rupee when it comes to remittances. Gulf News Archive Dubai: The Indian ...

Rupee's weakness against dirham makes UAE imports of Indian rice, other foodstuffs cheaper It's not just on remittances that Indian expats in UAE are benefiting from a strong dollar. Indian food ...

Question: Are non-resident Indians (NRIs) eligible to open a rupee account with the Gulf branches of Indian banks? I am getting confusing information on this. Can foreigners also open rupee ...

Internationalising the rupee will mitigate the exchange rate risks and reduce pressure on foreign exchange reserves. This will act as a complementary system which will reduce dependence on hard ...