Hubpay Payroll aims to streamline cross-border payroll management, offering competitive FX rates and facilitating seamless mass payments for international teams
exchange rates
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Careem
EXCLUSIVE: Careem Pay launches fee-free remittance service, undercuts traditional exchanges
The move comes as conventional exchange houses increased their fees by 15% last year
currency crisis
Indian rupee opens down against the dollar
Market sources said there has been increased buying of the greenback by banks and importers on Monday morning hours, leading to weakening of the Indian currency
2008 economic crisis
Hard to predict Indian rupee fall, says former RBI governor
Former RBI governor Raghuram Rajan said that while there are ‘pockets of stress’, it remains unclear whether they will eventually lead to another financial crisis
exchange rate
Expat remittances from UAE increase 13% to $23.96bn
India received nearly 40 percent of the total remittances sent from the UAE in the first half of the year