Tag: Currency

Kejriwal urges PM to introduce currency notes with images of Laxmi-Ganesh

 Delhi Chief Minister Arvind Kejriwal on Friday wrote to Prime Minister Narendra Modi urging him to introduce currency notes with pictures of Lord Ganesh and Goddess Laxmi along with that of Mahatma Gandhi.

October 28, 2022

Currency turmoil

If the current pace of depreciation continues unchecked, it seems inevitable that the reserve will shrink at a fast pace.

August 29, 2022

Is the falling Yen a cause for concern?

Three possible reasons are given for this decline: the oil shock from the Ukraine War, difference in Bank of Japan’s monetary policy stance; and possible return of Mrs. Watanabe.

July 31, 2022

Rs 15 lakh counterfeit currency notes seized from Odisha Jana Seva Kendra, two arrested

The racket was busted on the basis of an intelligence feedback. The entire sum of fake notes was seized from the Jana Seva Kendra. Both the accused persons were graduates and were computer savvy.

July 13, 2022

Effective policies needed

The data marks the highest inflation rate since November 1998, when the country was struggling to cope with the 1997-1998 Asian financial crisis.

July 11, 2022

Sri Lanka looks for foreign investors to stabilise currency

Sabry said that the next few months will be difficult for Sri Lankans, reports Xinhua news agency.

April 24, 2022

Russia’s currency bounces back after Moscow mandates payment for gas in gold-pegged ruble

With the aim of supporting the ruble, the Russian Central Bank announced pegging the currency with gold -- one gram of gold is currently pegged at 5000 ruble.

April 5, 2022

Sri Lanka allows currency to devalue

Earlier the Sri Lankan rupee was pegged to the dollar at 200.

March 8, 2022

One of the highest devaluations of Pak currency in Imran’s tenure

Experts say this massive devaluation of currency under the PTI government fuelled inflationary pressures, adding that two major factors contributed.

December 7, 2021

US, Vietnam reach agreement on currency after dispute

I believe the State Bank of Vietnam's attention to these issues over time not only will address Treasury's concerns, but also will support the further development of Vietnam's financial markets, said US Treasury secretary Janet Yellen

July 20, 2021

Traders fret about virus spread through notes

Around 220 persons have tested positive for the virus in North Dinajpur district so far. A 46-year-old Toto driver, a resident of Dakhin Birnagar in Ward 23, was tested positive yesterday.

June 13, 2020

India, Maldives ink currency swap accord

India and the Maldives signed four agreements during Solih's visit last year.

July 23, 2019

Facebook building its cryptocurrency in Switzerland: Report

As per a report, the Facebook cyrptocurrency would be tied to the US dollar and could, therefore, remain stable unlike Bitcoin which has crashed.

May 19, 2019

Equity indices open in red, Sensex down 170 points

All the sectoral indices on the BSE traded in the red except the IT and Teck stocks.

January 14, 2019

Currency, commodity and commerce

Here are a few queries of a layman after feeling the heat of ground-level “market economics”. The same market which is euphemistically referred to by (expert) economists thus: “let market determine such and such”. Can the real, practising economists kindly clarify a few concerns? The first relate to Vice-Chairman Niti Aayog’s recent views as reported...

November 12, 2018

Chinese President admits ‘uncertainty’ in Country’s economy

Xi held the meeting amid signs that the world's second-largest economy is losing steam as it faces a trade war with the United States, a massive debt buildup and a weakening currency.

November 1, 2018

Weak dollar helps rupee gain 12 paise in early trade

The rupee strengthened by 12 paise to 67.21 against the dollar in early trade today on fresh selling of the US currency by exporters and banks amid higher opening in the domestic equity market.

May 14, 2018