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India's central bank digital currency known as the digital rupee will start getting accepted as a retail payment by some of the biggest merchants in the nation including Reliance Retail, India's largest retail chain.

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02 Feb, 2023 / 13:31

The Indian rupee edged higher on Thursday, as risk assets jumped after the U.S. Federal Reserve meeting, but gains in the local currency were capped as equities remained jittery. In local markets on Thursday, a decline in Adani Group shares after the conglomerate shelved a $2.5 billion secondary share sale dominated the mood yet again. Indian equities were tepid and traders cited worries about more foreign investor outflows.

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02 Feb, 2023 / 05:24

Wall Street was higher as investors sort through a wave of corporate earnings ahead of Wednesday's crucial Federal Reserve interest rate decision.

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31 Jan, 2023 / 09:00

FTSE cautious as investors brace for central bank decisions in the UK, eurozone and the US later this week.

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30 Jan, 2023 / 09:00

(Bloomberg) -- The baht is set to extend its rally as the Chinese reopening buoys the outlook for tourist arrivals, helping propel Thailand’s growth this year to the highest in five years, according to the nation’s Finance Ministry.Most Read from BloombergAdani Rout Crosses $51 Billion as Stocks Plunge by Daily LimitsWe Asked ChatGPT to Make a Market-Beating ETF. Here’s What HappenedPutin Plans New Ukraine Push Despite Losses as He Prepares for Years of WarHindenburg vs Adani: The Short Seller T

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27 Jan, 2023 / 05:43

KARACHI, Pakistan (Reuters) -The Pakistani rupee fell 9.6% against the dollar on Thursday, central bank data showed - the biggest one-day drop in over two decades - in a slump that may persuade the International Monetary Fund to resume lending to the country. The drop comes a day after foreign exchange companies removed a cap on the exchange rate, a key demand of the IMF as part of a programme of economic reforms it has agreed on with the cash-strapped South Asian nation. The currency's official value closed at 255.4 rupees against the dollar versus 230.9 on Wednesday, the central bank said.

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26 Jan, 2023 / 06:54

The Indian rupee rose against the U.S. currency on Wednesday, helped by likely dollar inflows and gains in most major Asian peers. The rupee last traded at 81.59 per U.S. dollar, compared with 81.72 in the previous session. It was a choppy session, with the local currency trading in a range of 81.50 to 81.76.

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25 Jan, 2023 / 10:27

London’s blue-chip index fnished in the red.

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25 Jan, 2023 / 08:59

(Bloomberg) -- Pakistan’s money exchange companies will let the currency drop slowly in the open market after deciding to abolish the limit on the dollar-rupee rate.Most Read from BloombergHindenburg’s Short Sell Call Shaves $12 Billion Off Adani StocksUS Confronts China Over Companies’ Ties to Russia War EffortJosh Kushner Is Richer Than Trump After Billionaires Back His FirmUS and Germany Set to Send Tanks to Ukraine, Breaking DeadlockDoomsday Clock Moves to 90 Seconds to Midnight — the Closes

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25 Jan, 2023 / 07:49

UK public borrowing increased by more than expected last month as the government ploughed billions into its subsidies for household bills.

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24 Jan, 2023 / 08:48