Facebook Pixel RBI looks to up rupee’s role in cross-border trade | Hindustan Times Bengaluru - newspaper - इस कहानी को Magzter.com पर पढ़ें
मैगज़्टर गोल्ड के साथ असीमित हो जाओ

मैगज़्टर गोल्ड के साथ असीमित हो जाओ

10,000 से अधिक पत्रिकाओं, समाचार पत्रों और प्रीमियम कहानियों तक असीमित पहुंच प्राप्त करें सिर्फ

$149.99
 
$74.99/वर्ष

कोशिश गोल्ड - मुक्त

RBI looks to up rupee’s role in cross-border trade

Hindustan Times Bengaluru

|

October 02, 2025

MUMBAI: To strengthen the rupee’s global footprint, the Reserve Bank of India (RBI) on Wednesday rolled out measures to facilitate trade and investment in the Indian currency.

- Subhana Shaikh

The RBI plans to introduce reference rates for currencies of India’s biggest trading partners, allow Indian banks to lend in rupees to neighbouring countries and offer foreign partners more investment options for Special Rupee Vostro Account (SRVA) balances.

The announcements came alongside the central bank's monetary policy statement. As widely expected, the Monetary Policy Committee (MPC) kept the benchmark repo rate unchanged at 5.50% for the second straight meeting and maintained a neutral stance.

The rupee rose 0.1% to 88.7075 a dollar on Wednesday. It had touched a record low of 88.8050 on Tuesday.

Hindustan Times Bengaluru

यह कहानी Hindustan Times Bengaluru के October 02, 2025 संस्करण से ली गई है।

हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।

क्या आप पहले से ही ग्राहक हैं?

Hindustan Times Bengaluru से और कहानियाँ

Hindustan Times Bengaluru

HOMESTAY LICENCE CANCELLED AFTER 'SEXUAL ASSAULT' OF U.S. TOURIST

The Kodagu district administration in Karnataka has cancelled the licence of a homestay in a village following a sexual assault case involving a United States national, officials said on Thursday.

time to read

1 min

April 24, 2026

Hindustan Times Bengaluru

The Test way of finding T20 success

night, Mohammed Shami kept it simple.

time to read

4 mins

April 24, 2026

Hindustan Times Bengaluru

SGPGI doctor alleges sexual assault; FIR lodged after 2 months

A 36-year-old resident doctor and MD student at the Sanjay Gandhi Postgraduate Institute of Medical Sciences (SGPGI) has accused a 26-year-old colleague of sexual assault, verbal abuse and caste-based harassment, according to her complaint to the police.

time to read

1 min

April 24, 2026

Hindustan Times Bengaluru

HACKERS STEAL $2.5 MILLION FROM SRI LANKA FINANCE MINISTRY

Cyber criminals hacked into the Sri Lankan finance ministry's computer system and siphoned off $2.5 million, the government said on Thursday, the most amount of cash ever stolen by hackers from a state institution in the debt-saddled country.

time to read

1 min

April 24, 2026

Hindustan Times Bengaluru

Hindustan Times Bengaluru

TCS Nashik: Charges, arrests and unanswered questions

Ina small chamber that overlooks the districtand sessions court in Nashik, Baba Sayyed, 57 and Rahul Kasliwal, 45, are grappling with the most high-profile case of their careers.

time to read

7 mins

April 24, 2026

Hindustan Times Bengaluru

ISL rights bidder meets clubs

All ISL clubs barring Mohun Bagan attended Thursday's online presentation from Genius Sports, the highest bidder for the commercial rights of India's top league with an annual commitment of $7m for the next 15+5years.

time to read

1 min

April 24, 2026

Hindustan Times Bengaluru

PUNJAB POLICE ARREST AMRITPAL FROM ASSAM JAIL

A special team of Punjab Police on Thursday arrested ‘Waris Punjab De’ chief Amritpal Singh again in connection with the 2023 Ajnala police station attack case, his lawyers confirmed.

time to read

1 min

April 24, 2026

Hindustan Times Bengaluru

HC seeks Goa’s reply on 2K-capacity casino boat plea

The Bombay High Court at Goa has asked the Government of Goa to file its response after citizens living on both sides of the River Mandovi, where a new 2,000 guest capacity casino and entertainment boat has been given permission to berth, approached the Court challenging the decision.

time to read

2 mins

April 24, 2026

Hindustan Times Bengaluru

Navy secretary out in Pentagon shake-up

The exit of John Phelan as US navy secretary highlights an accelerating shake-up of US military leadership under Trump's second term, as global tensions remain high

time to read

1 mins

April 24, 2026

Hindustan Times Bengaluru

IRGC is shaping Iran strategy, says report

Battle-hardened commanders in the Islamic Revolutionary Guards Corps (IRGC) have become the key decision-makers on matters of security, war, and diplomacy since the US-Israeli airstrikes killed Supreme Leader Ayatollah Ali Khamenei on February 28, according to a New York Times (NYT) report.

time to read

2 mins

April 24, 2026

Listen

Translate

Share

-
+

Change font size