Are Plastic Notes Coming to India? What Travelers Should Know
Source: Magnific India may soon take another step toward modernizing its currency system. The Reserve Bank of India is revisiting...
Currencies
India’s forex reserves recover after falling to a one-year low last week
India’s foreign exchange reserves increased by $938 million in the week ended May 29 to $682.32 billion, the Reserve Bank...
SBP rates show rupee stable against major currencies
The State Bank of Pakistan (SBP) has released its latest mark-to-market currency rates, showing the Pakistani rupee maintaining relative stability...
India’s forex reserves rise $938 million to $682.32 billion
India's foreign exchange reserves rose by $938 million to $682.321 billion in the week ended May 28, snapping the previous...
India’s Q1 Gross Domestic Product expands beyond expectations: What it means for Indian Rupee
India’s Q1 Gross Domestic Product (GDP) data rises at a steady pace of 7.8% Year-on-Year (YoY), faster than estimates of...
The dollar is losing ground as a reserve currency, but remains dominant
Slightly smaller share of dollars in reserves In 2016, around 57% of global foreign exchange reserves were still held in US...
Russia’s Deputy PM: world is switching from using G7 currencies to other settlement systems
The world is moving to new alternative payment systems – as stated by Russia’s Deputy Prime Minister Alexander Novak,...
India ramps up defence of faltering rupee after holding fire on rates
By Jaspreet Kalra and Abinaya V MUMBAI, June 5 (Reuters) - The Reserve Bank of India held its benchmark interest...
At the Glen Cove TimeBank, hours are the currency, community is the payoff
Phyllis O. Burnett calls herself a “people person.” The retired utility company safety specialist missed the purpose and connection her...
India scraps tax on overseas bond investors in bid to attract foreign capital
A money lender counts Indian rupee currency notes at his shop in Ahmedabad, India.Amit Dave | ReutersIndia is doubling down...
