Several questions were raised over the sudden rush of people in exchange for Rs 2000 notes and ED, Economic Offense Wing Officials are investigating the matter.
Amid speculations at emergence of bank notes having a star (*) symbol in the number panel, the Reserve Bank of India (RBI) on Thursday clarified that these are the same as any other legal tender, with the only difference being that in the number panel, a star symbol is added between the prefix and the serial number.
Infosys ADR slumped by more than 9 per cent in pre-market trade after the company cut revenue guidance.
One of the major benefits of the Centre's decision to withdraw the Rs 2,000 currency note might be the immediate uptick in consumption demand, according to the State Bank of Indias Economic Research Department.
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.
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.
Earlier the Sri Lankan rupee was pegged to the dollar at 200.
Experts say this massive devaluation of currency under the PTI government fuelled inflationary pressures, adding that two major factors contributed.
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
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.
