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According to the Reserve Bank of India (RBI), currency notes are not made of regular wood-based paper. Instead, they are made from 100% cotton fibre.
Rupee weakened by 10 paise to close at 85.48 (provisional) against the US dollar on Thursday, pressured by a strengthening dollar overseas and a rise in global crude oil prices. Forex traders noted ...
The Indian rupee’s decline against the dollar is pushing it closer to a critical threshold, raising expectations that the nation’s central bank may step in to stabilize the currency as global ...
The e-rupee—India’s central bank digital currency (CBDC)—is issued in the same denominations as coins and bank notes. Users may transact with it through a digital wallet offered by participating banks ...
Dollar index remains range-bound, Fed meeting a non-event, euro support holds, rupee weakens, 10Yr Treasury yield negative bias.
Currency Watch: Rupee declines for third session amid strong dollar, rising crude oil, and Middle East tensions, closing at 86.73 per USD.
The rupee depreciated 13 paise to close at 86.47 against the US dollar on Wednesday, hurt by persistent risk-off sentiment, elevated crude oil prices, and geopolitical tensions in the Middle East.
Currency Market News: Rupee falls 19 paise to 86.23 vs US dollar At the interbank foreign exchange, the domestic currency opened at 85.96 and moved within a range of 85.96 to 86.28 during the session ...
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