rupee

The rupee is the official currency of India, also known as the Indian Rupee (INR), and is issued and regulated by the Reserve Bank of India (RBI). It is used as a medium of exchange and a store of value within the Indian economy and in international trade.

Why it’s in the news: It is in the news due to its fluctuating value, the RBI's intervention to stabilize it, and its use in India's new digital currency and corporate bond market initiatives.

Latest on rupee

• India’s central bank tries to shore up rupee as it nears record lows
• Rupee undervalued; RBI will ensure stability in INR, helping it find its correct value
• India starts tokenizing $620 billion corporate bond market with digital rupee settlement
• India's central bank support gives rupee respite, but oil risks loom
• How Two Bihar Brothers Built a Crore-Rupee Business from Plastic Waste
• HP fined 1.4 billion rupees for “cartelization” of ink cartridges, toner, PCs
• India's central bank support gives rupee respite
• but oil risks loom

Connections

4 entities linked to rupee across the news graph.