Rupee Ends at Weakest Level Amid Weakness in Asia FX
The Indian rupee on 6 August slipped and closed to its weakest level on record, following the pressure from the decline in its Asian peers...
Tag : currency
Asian Stocks Rise, Currencies Fall as US Debt Ceiling Bill Passed
Almost all Asian stock markets were trading higher on Monday over the crisis averting US debt ceiling deal, with Japan’s Indexes reaching 33-year peaks. At...
SCO Alliance under Chinese Leadership Decides to Increase Commerce in Local Currencies
On Friday, the leaders of the Shanghai Cooperation Organization (SCO) decided to take action to enhance the use of national currencies in commerce between nations...
India to Overcome Covid-19 Pandemic Losses by FY35: RBI
India is expected to recover the losses during the pandemic till 2034-35, the “Currency and Finance Report” of the Reserve Bank of India (RBI) has...
Ratio of Currency in Use Records 14.5% of GDP
The ratio of currency in circulation as the balance of GDP reached a record of 14.5 per cent for fiscal 2020-21 amid the raised demand...
Currency in Circulation Hits Rs 29 Lakh Crore
The unrelenting rise in currency in circulation has continued into FY22 with Indians withdrawing over Rs 57,800 crore in the first four weeks of April...
Bitcoin Climbs to Highest Since November
The largest cryptocurrency Bitcoin rose as high as $9,142.80 on Tuesday, a level that is last seen early November. Other coins rallied as well, with...
US has urged China to make its economy transparent
The White House has urged China, which is facing one of the worst financial crises in decades, to follow the financial reform and move quickly towards...