MUMBAI, Feb 7 (Reuters) - The Indian rupee is expected to linger near a lifetime low at the open on Friday before the central bank most likely cuts interest rates to support sluggish economic growth.

The reserves had been on a declining trend recently due to revaluation along with forex market interventions by RBI to help reduce volatilities in the rupee. The forex reserves had increased to an all ...

Finance Minister Nirmala Sitharaman rejected criticism of the rupee's decline, stating it remains stable against most currencies despite a stronger US dollar. She attributed volatility to global ...

MobiKwik announced on January 28 that it was the first fintech to go live with a full-scale production version of an e-rupee wallet. Bipin Preet Singh, the company’s co-founder and managing director, ...

Fintech platforms MobiKwik and CRED have become the first non-banking entities to offer the central bank digital currency (CBDC) - e-Rupee (e₹) wallet - for users. The product was developed in ...

Credit: T. Schneider/Shutterstock. Fintech platforms MobiKwik and CRED have become the first non-banking entities to offer the central bank digital currency (CBDC) – e-Rupee (e₹) wallet – for users.

MobiKwik, a digital wallet player, on Tuesday announced that it has launched a full version of India’s Central Bank Digital Currency (CBDC) e-rupee in partnership with Reserve Bank of India (RBI) and ...

MobiKwik, a pioneering digital wallet platform, has officially launched a full-fledged version of India's Central Bank Digital Currency (CBDC) e-rupee, a move carried out in collaboration with the ...

MobiKwik, in partnership with RBI and Yes Bank, has launched India's full-scale Central Bank Digital Currency, the e-rupee wallet. This allows users to send and receive money via UPI, supporting ...