Rupee news and trends

India-Japan Currency Swap Designed To Stabilize Rupee
International // October 29, 2018

Hoping to stabilize the rupee, India has agreed to a $75 billion currency swap with Japan, according to reports on Monday (Oct. 29). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

 In India, Has Demonetization Been Defeated?
International // August 30, 2018

When you want to know something: Follow the money. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form,...

A Year After Demonetization, Cash Still King In India
South Asia // January 08, 2018

Since demonetization last year, Indian government and regulatory authorities have worked hard to push digital payment methods. But Indian citizens are not quite cooperating just yet and continue to prefer cash for most routine transactions. Get the Full Story Complete the form to unlock this article...

India’s Grand (Cashless) Experiment, One Year On
International // November 23, 2017

Anniversaries are a time for reflection, and one year into India’s grand de-monetization drive, the results are mixed.  Counterfeiting activity has simply moved to embrace the new notes. GDP is slowing.  But on a brighter note consumers are ready to embrace non-cash ways of transacting. ...

Interviews & Exclusives
India’s Grand (Cashless) Experiment, One Year On

November 23, 2017
Anniversaries are a time for reflection, and one year into India’s grand de-monetization drive, the results are mixed.  Counterfeiting activity has simply moved to embrace the new notes. GDP is slowing.  But on a brighter note consumers are ready to embrace non-cash ways of transacting.  No surprise, tech heavy hitters are in the wings, waiting to deliver.

Quick Reads
India to Test Retail Version of Digital Rupee

November 29, 2022
India’s central bank will begin testing its proposed digital rupee for retail use this week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive […]

India-Japan Currency Swap Designed To Stabilize Rupee

October 29, 2018
Hoping to stabilize the rupee, India has agreed to a $75 billion currency swap with Japan, according to reports on Monday (Oct. 29). Get the Full Story Complete the form...

A Year After Demonetization, Cash Still King In India

January 08, 2018
Since demonetization last year, Indian government and regulatory authorities have worked hard to push digital payment methods. But Indian citizens are not quite cooperating just yet and continue to prefer cash...

Snapdeal Lets Consumers Buy, Get Cash Delivered

December 27, 2016
Snapdeal, the online retailer in India, has the answer to the cash crisis going on in the country: door-to-door delivery of cash. Get the Full Story Complete the form to...