The Reserve Bank of India (RBI) has enabled select banks in India to offer round-the-clock (24×7) trading in the Indian rupee to allow Indians to safeguard their foreign exchange (Forex) risks at any time. The select banks in India offered Indian customers foreign exchange rates only in inter-bank market hours from 9 am – 5 pm. This decision will also make the offshore currency markets in countries like Dubai & Singapore less attractive for Indian investors.
Important takeaways for all competitive exams:
Indian table tennis players Yashaswini Ghorpade and Harmeet Desai secured a medal in mixed doubles…
England’s white-ball captain Harry Brook created history on October 22, 2026, by scoring the fastest…
The Ministry of Agriculture and Farmers Welfare is scheduled to launch the nationwide Khet Bachao…
The Appointments Committee of the Cabinet (ACC) has approved the appointment of Sunil Kumar as…
Karmayogi Bharat and OpenAI have signed a Memorandum of Understanding (MoU) to strengthen artificial intelligence…
The Union Minister for Commerce and Industry, Piyush Goyal, has launched the National Strategic Trade…