Currencies

You’re curious about the proposed Doge Stimulus Checks? Advocacy groups suggest giving $5,000 in dogecoin per American to boost economic activity, benefiting from low transaction fees and quick processing. Yet, the cryptocurrency’s volatility and regulatory hurdles cast doubt on implementation feasibility. Historical price swings and public skepticism pose further challenges. As digital currencies’ role in financial policies evolves, understanding the potential, complexities, and implications becomes essential for future considerations. Discover more insights ahead.Understanding the Dogecoin PhenomenonSince its inception as a joke in 2013, Dogecoin has evolved into a significant player in...

Muzaffarnagar, Jun 30 (PTI) Uttar Pradesh Police has busted a gang involved in the supply of fake currency notes in this district and seized counterfeit notes worth Rs 15.16 lakh from a vehicle, officials on Monday said. Senior Superintendent of Police (SSP) Sanjay Kumar said that fake currency notes in the denominations of Rs 500, Rs 200 and Rs 100 were recovered during the operation in Phugana Police Station area of Muzaffarnagar district. A case has been registered under relevant sections of the Bharatiya Nyaya Sanhita (BNS) against three accused,...

At the Mint Horizons session in Pune, experts urged Indian investors to move beyond home-market bias and adopt a more globally diversified approach. The event gathered voices from journalism, asset management, and fintech to make a clear case for international investing—even as regulatory caps and practical barriers remain.The Mint Horizons series, which has covered Mumbai, Delhi, and Bengaluru, aims to help investors navigate the realities of today's interconnected markets, where geopolitical shifts, interest rate changes, and technological trends can reshape returns. Watch the highlights below,The case for global allocationNeil Borate,...

The US dollar will continue to exist in the global trade, said the official | Photo Credit: SUKREE SUKPLANG BRICS nations will work on increasing their understanding of the importance of having an alternative mechanism to do trade in national currencies to protect against geopolitical vulnerabilities, but the process is not the same as de-dollarisation, a senior MEA official has said “The dollar (US) will continue to exist in the global trade. It’s the most dominant currency. I don’t think there’s a competition there. It’s just that countries will look for...

A monetary surprise in the first half of the year, the Russian Ruble (RUB) has established itself as one of the world's best-performing currencies. A performance that may seem paradoxical for an economy under Western sanctions, deeply entangled in Vladimir Putin’s war in Ukraine and penalized by falling Oil exports.Behind this solid performance of the Ruble lies a more nuanced economic reality, one that may even give cause for concern in the medium term.A spectacular leap for the Russian RoubleThe Russian Ruble has soared in the first half of 2025,...

EUR/USD fluctuates in a narrow channel above 1.1700 on Monday.The near-term technical picture suggests that the bullish bias remains unchanged.Comments from central bankers could trigger the next big action in the pair.EUR/USD seems to have entered a consolidation phase above 1.1700 on Monday following the previous week's impressive rally. Euro PRICE This month The table below shows the percentage change of Euro (EUR) against listed major currencies this month. Euro was the strongest against the Japanese Yen. USD EUR GBP JPY CAD AUD NZD CHF USD -2.95% -1.39% 0.13% -0.98%...

Chainlink trades in the red on Monday, giving up the gains from Sunday. On-chain data displays strong resistance levels at higher prices, while rising optimism in derivatives boosts Open Interest.The technical outlook highlights that Chainlink is at a crossroads amid a short-term surge in supply.Chainlink (LINK) edges lower by over 2% at press time on Monday, starting the week on a declining trend after posting gains during the weekend. Both the technical outlook and on-chain data show overhead supply pressure that could lead Chainlink to extend the pullback, crushing the Open...

The beginning of the week will be quite dynamic, with flash inflation releases in several CEE countries. In fact, June inflation numbers will be flowing throughout the week. On Monday, Croatia and Serbia will publish retail sales and industrial output growth in May. Serbia will also release its May trade balance. Later in the week, trade data will be published by Hungary and Slovenia. Hungary will also release industrial production in May at the end of the week. On Wednesday, Poland’s central bank is to hold a rate-setting meeting; we...

In brief New rules are set to take effect in August, requiring licenses for fiat-referenced stablecoin issuers operating in the city. Financial Secretary Paul Chan has linked stablecoins to de-dollarization and regional trade in local currencies. Analysts say high capital and reserve requirements may deter global issuers like Circle and Tether. Hong Kong has reaffirmed its support for stablecoins as it prepares to implement a new regulatory regime for fiat-referenced issuers in August, a move that some believe could stifle aspirations for larger players and challenge U.S. dollar dominance in...

Gold prices rose in India on Monday, according to data compiled by FXStreet. The price for Gold stood at 9,010.69 Indian Rupees (INR) per gram, up compared with the INR 8,998.38 it cost on Friday. The price for Gold increased to INR 105,098.90 per tola from INR 104,955.30 per tola on friday. Unit measure Gold Price in INR 1 Gram 9,010.69 10 Grams 90,107.03 Tola 105,098.90 Troy Ounce 280,269.10   Daily Digest Market Movers: Gold price gains momentum on increased optimism of a Fed rate cut “The slowdown in geopolitics...