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Currency

Unequal Gains

India’s wealth story is increasingly told through a confusing set of headlines. On the one hand, the country is adding new dollar-millionaires at a brisk pace. On the other, the average Indian adult is not materially better off than a few years ago.

Star series currency notes legal, says RBI

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.

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