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BRICS doubles in size with 5 new members; Putin hints at further expansion

The BRICS bloc of top emerging economies, including India, Russia and China, has announced induction of five full members into it in an attempt to expand its strategic heft against the backdrop of......

Pak army chief fails to meet Saudi crown prince

It seems Saudi Arabia is in no mood to mend ties with Pakistan whose Army Chief General Qamar Javed Bajwa who flew in to Riyadh to placate an angry Saudi leadership failed to secure a meeting with......

US charges N Korean programmer with WannaCry, other cyberattacks

A computer programmer allegedly working for the North Korean government has been charged in the United States with a series of massive cyberattacks around the world, including the WannaCry......

FX derivatives mkt in a fix before new RBI rules

Exchange-traded currency derivatives volumes are likely to drop in view of new Reserve Bank of India (RBI) rules, casting a cloud over further participation of retail investors and proprietary......

RBI tells IMF why it frequently intervenes in forex market

The Reserve Bank has told the International Monetary Fund (IMF) that the objective of frequent interventions in the forex market is to curb excessive volatility, dismissing the Fund's rationale for......

Can Rupee Dethrone The Dollar?

Those who consider the rupee as a proxy for virility have started thumping their chests and dreaming of dethroning the dollar from its coveted position, observes Tamal Bandyopadhyay. Illustration:......

Rupee falls 9 paise to settle at all-time low of 83.13/USD

The rupee depreciated by 9 paise and settled at its all-time low level of 83.13 against the US dollar on Wednesday, weighed down by a surge in crude oil prices and strong American currency.......

As USD retreats, rupee rises 11 paise to 82.68

The rupee gained 11 paise to 82.68 against the US dollar in early trade on Tuesday as the American currency retreated from its elevated levels. Illustration: Dominic Xavier/Rediff.com Forex......

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Interbank Foreign

News for Interbank Foreign

BRICS doubles in size with 5 new members; Putin hints at further expansion

Pak army chief fails to meet Saudi crown prince

US charges N Korean programmer with WannaCry, other cyberattacks

FX derivatives mkt in a fix before new RBI rules

RBI tells IMF why it frequently intervenes in forex market

Can Rupee Dethrone The Dollar?

Rupee falls 9 paise to settle at all-time low of 83.13/USD

As USD retreats, rupee rises 11 paise to 82.68

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