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Currency

Stay updated with the latest currency news, analysis, and trends

A stack of Indian Rupee notes and a stack of Sri Lankan Rupee notes are on a dark wood table, with a pen and notebook.

India, Sri Lanka Explore Local Currency Trade to Counter Dollar Volatility

India and Sri Lanka are discussing bilateral trade settlement in local currencies (INR-LKR) to reduce dollar dependency and transaction costs, fostering stronger economic ties.

By ThePip Desk•
A stack of Indian Rupee banknotes, including 500 and 2000 rupee denominations, fanned out on a dark wooden desk. A laptop screen in the background shows abstract financial market data.

June Currency Futures Rise, Rupee Weakens

June currency futures strengthen with a 0.34% rise in open interest, despite the Indian rupee opening weaker against the US dollar. Market analysis.

By ThePip Desk•
A financial newspaper with a headline about "Rupee" and "Central Bank Decisions" on a wooden desk. A smartphone shows a news feed with a man.

Rupee Weakens: US-Iran Deal & Fed Rate Hike Fears

Indian rupee depreciates against the US dollar amid anticipation of a US-Iran peace deal and upcoming US Federal Reserve interest rate decisions.

By ThePip Desk•
A 500 Rupee note lies diagonally over a stack of US Dollar bills on a dark wooden desk next to a newspaper.

Rupee Surges Against Dollar: West Asia Deal & Crude Oil Drop Boost INR

The Indian Rupee gained significantly against the US Dollar today, buoyed by hopes of a US-Iran deal, a sharp fall in crude oil prices, and strong domestic stock markets.

By ThePip Desk•
Ghanaian cedi banknotes, a document titled "Bank of Ghana Directive on FX Market", a pen, and a smartphone.

Ghana Central Bank Bans Crypto Forex Channels

Bank of Ghana orders financial institutions to stop crypto forex operations, targeting illicit digital dollar wallets to stabilize the cedi.

By ThePip Desk•
A golden Bitcoin replica stands upright on a dark wooden desk, with a pen and paper blurred in the background.

Cathie Wood: Bitcoin Leads Rallies, Top Ark Portfolio Asset

Cathie Wood of Ark Invest reaffirms strong conviction in Bitcoin, highlighting its leadership in market rallies and top position in Ark’s AI & fintech portfolios due to its scarcity.

By ThePip Desk•
A laptop, open to a trading updates page, sits on a wooden desk next to a calendar showing June 2026 with circled dates.

XTB Trading Updates: Maintenance, Rollovers & Holiday Hours

Stay informed on XTB’s June 2026 trading updates: scheduled maintenance for crypto & internal systems, plus upcoming rollovers and holiday trading hour adjustments.

By ThePip Desk•
A stack of Indian Rupee banknotes, including 500 and 2000 rupee denominations, with a blurred city in the background.

Rupee Strengthens 56 Paise Against Dollar on Crude Oil Drop

Indian Rupee appreciates by 56 paise to 95.29 against the US Dollar, boosted by falling crude oil prices, a weaker dollar, and positive market sentiment. RBI measures also contributed.

By ThePip Desk•
An aerial view of an industrial port with large cranes, shipping containers, storage tanks, and a smoking chimney.

BlackRock Pivots from AI to Scarcity, Infrastructure & Energy

BlackRock’s ‘The Return of Scarcity’ report highlights infrastructure, energy, and financing, diverging from the AI investment trend. Discover key capital allocation strategies.

By ThePip Desk•
A group of Indian bankers in a formal meeting room, central figure presenting data on a tablet.

India Banks Eye $40B Forex Inflows via RBI Scheme

Indian banks anticipate raising up to $40 billion through the RBI’s new foreign currency deposit scheme, aiming to attract dollar inflows and strengthen the rupee. PNB targets $3 billion.

By ThePip Desk•
Wide shot of a busy currency exchange trading floor with multiple traders monitoring screens and a news ticker.

RBI Boosts FCNR(B) Deposits: Banks Get Hedging Cost Cover

RBI directs banks to increase FCNR(B) deposits by covering hedging costs, aiming to boost foreign currency inflows and strengthen forex reserves.

By ThePip Desk•
International Travel Spending: Credit, Forex, or Prepaid Cards Compared

International Travel Spending: Credit vs Forex vs Prepaid Cards

Compare credit cards, forex cards, and prepaid travel cards for international spending. Find the best payment method for your global trips based on cost, security, and convenience.

By ThePip Desk•
A bustling gold market in Mumbai, India, with many people examining and selling intricate gold jewelry.

India Gold Prices Jump 4.1% in May, Outpacing Global Markets

Discover why India’s gold prices surged 4.1% in May, defying global trends due to local currency weakness and policy shifts, as per the World Gold Council.

By ThePip Desk•
Venture Investments Halve to $2.7 Billion in April as Rupee Depreciation Weighs on Sentiment

India Venture Investments Drop 50% to $2.7B in April

India’s VC/PE investments hit a 29-month low of $2.7B in April 2026, down 50% due to rupee depreciation and geopolitical risks. Deal volume also significantly reduced.

By ThePip Desk•
A group of men in business attire are gathered on a stone staircase next to a sign that reads "Mint Road, Reserve Bank & India." In the background, a busy street scene unfolds with yellow and black taxis, other vehicles, and pedestrians. A large green digital display showing currency exchange rates is visible further down the street. Tall buildings line the road under a hazy sky.

Indian Lenders Seek RBI Hedging Support for Overseas Borrowing

Indian banks and corporations urge RBI to create a hedging support framework, aiming to lower currency protection costs and boost offshore debt fundraising and foreign capital inflow.

By ThePip Desk•
Rupee Weakness and Job Market Woes Strain Overseas Education Economics

Rupee Weakness & Job Market Woes Hit Overseas Education

Depreciating rupee & rising loan rates make foreign education unaffordable. Tougher job markets abroad extend repayment timelines for Indian students.

By ThePip Desk•
A group of Indian football fans, including families, discuss travel plans with an agent in a cluttered, naturally lit office.

Indian Fans Prioritize FIFA World Cup 2026 Over Economic Woes

Despite high airfares and a weakening rupee, Indian football fans are investing in FIFA World Cup 2026 experiences, viewing it as a significant lifestyle choice.

By ThePip Desk•
Three Indian customs officials in uniform meticulously inspect large crates filled with gold bars in a busy industrial warehouse setting.

India’s New Gold Import Rules: Curbing Misuse, Boosting Rupee

India imposes strict new rules on duty-free gold imports, including quantity caps and inspections, to prevent scheme misuse and strengthen the Indian rupee.

By ThePip Desk•
India Hikes Gold and Silver Import Duties to 15% to Bolster Rupee

India Raises Gold & Silver Import Duty to 15% to Support Rupee

India increases import duties on gold and silver to 15% from 6% to curb imports, reduce trade deficit, and stabilize the rupee.

By ThePip Desk•
A busy trading floor with screens showing stock market declines and oil prices, traders focused on their terminals.

Stock Market Plunge: Oil Surge & US-Iran Tensions Hit Indian Equities

Indian stock markets (Sensex, Nifty) fell nearly 2% amid rising oil prices and US-Iran geopolitical tensions, impacting investor confidence and leading to significant outflows.

By ThePip Desk•
A group of banking officials and RBI representatives gathered around a large conference table, engaged in a serious discussion.

Indian Banks Urge RBI for Dynamic Forex Exposure Caps

Major Indian banks are pushing the RBI to replace uniform forex exposure caps with a flexible, size-based regulatory approach, aiming for better risk management.

By ThePip Desk•
India’s Biggest Buying Opportunity Since COVID: Sandeep Tandon

India’s Biggest Buying Opportunity Since COVID: Sandeep Tandon

Quant Mutual Fund CIO Sandeep Tandon sees India’s biggest buying opportunity since COVID-19, driven by undervalued market segments amid crude oil and rupee fears.

By ThePip Desk•
Rupee Plummets: NRI Investor Highlights India Property's Low Yields Amidst Currency Crisis

Rupee Crisis: NRI Investor Slams India Property Yields

As the Indian Rupee hits a historic low, a Dubai-based NRI investor criticizes India’s real estate yields as ’embarrassing’ amidst currency crisis.

By ThePip Desk•
A man in a white shirt holds a stack of Indian Rupees, looking towards the camera, while a white-haired economist wearing glasses gestures at a counter.

Rupee Falls to 95.16/USD: Economist Warns of Further Decline

Indian Rupee hits ₹95.16 against USD. Economist Steve Hanke warns of further depreciation without capital inflows, impacting personal finances.

By ThePip Desk•
A man in a blue shirt charges a white electric SUV at a public charging station on a busy Indian street.

India’s EVs: A Hedge Against Volatile Fuel Prices

As crude oil prices surge and the rupee weakens, India’s electric vehicles emerge as a vital fiscal hedge, offering economic stability beyond eco-friendliness.

By ThePip Desk•
Paisalo Digital MD Name Change: Key Update

Paisalo Digital MD Name Change: Key Update

Paisalo Digital announces a name change for its Managing Director. Stay updated on this leadership update and its potential impact. Details here.

By ThePip Desk•
India’s Diamond Market to Reach Rs 1.5 Lakh Cr by 2030

India’s Diamond Market to Reach Rs 1.5 Lakh Cr by 2030

India’s natural diamond jewellery market is projected to hit Rs 1.5 lakh crore by 2030, fueled by economic growth and changing consumer preferences. De Beers report highlights key trends.

By ThePip Desk•
Rakesh Jhunjhunwala: Investing Lessons for Market Success

Rakesh Jhunjhunwala: Investing Lessons for Market Success

Learn key investing strategies from Rakesh Jhunjhunwala’s success. Insights on market dynamics, emotional control, and long-term investment approaches.

By ThePip Desk•
Gold & Silver Surge on Iran Ceasefire: Inflation Fears Ease

Gold & Silver Surge on Iran Ceasefire: Inflation Fears Ease

Gold and silver prices jump as Iran ceasefire eases inflation concerns. MCX silver futures up 6%, gold futures rise 2.4%. Market volatility requires caution.

By ThePip Desk•
Air India, IndiGo: Leadership Changes Impact Indian Aviation

Air India, IndiGo: Leadership Changes Impact Indian Aviation

Air India and IndiGo navigate CEO transitions. Leadership changes impact India’s competitive aviation landscape and strategic growth. Read more.

By ThePip Desk•