Rupee vs USD

Intel investing USD 25 billion in Israeli manufacturing facility

Intel Israel and Israeli government authorities announced plans to build a new manufacturing facility in Kiryat Gat on Tuesday morning with a USD 25 billion investment."The global company Intel's choice to approve the unprecedented investment of USD 25 billion right here, in Israel, is important and significant," Finance Minister Betzalel...

A step closer to internationalization of the rupee

The Reserve Bank of India has approved the opening of 60 special rupee Vostro accounts in 18 countries The Indian rupee is now edging closer to becoming an international currency with more and more countries working to de-dollars global trade. Several nations have now expressed interest in facilitating international trade...