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Page 27 - Currency

Former DEA Secy Garg proposes allowing cryptos as commodity with rules

Reiterates the view that they should not be regarded as currency

Former DEA Secy Garg proposes allowing cryptos as commodity with rules
Updated On : 17 Jul 2020 | 10:17 PM IST

Rupee closes 7 paise higher at 75.58 against US$ on easing crude prices

The rupee settled 7 paise higher at 75.58 against the US dollar on Monday supported by weak American currency and easing crude prices even as the equity market was trading in the negative territory.

Rupee closes 7 paise higher at 75.58 against US$ on easing crude prices
Updated On : 29 Jun 2020 | 3:03 PM IST

Corona calamity: The role of China's cheerleaders

By including the yuan in its basket of leading currencies, the IMF gave China a legitimacy it did not deserve

Corona calamity: The role of China's cheerleaders
Updated On : 29 Mar 2020 | 11:52 PM IST

Amid fresh demonetisation rumours, small firms avoiding Rs 2000 notes

They have also directed their accountants to deposit cash balances of Rs 2,000 notes in banks

Amid fresh demonetisation rumours, small firms avoiding Rs 2000 notes
Updated On : 05 Dec 2019 | 10:20 PM IST

Rupee is the worst performer in emerging Asia as RBI tries to lift economy

The RBI bought has about $18 billion of foreign exchange since the end of September.

Rupee is the worst performer in emerging Asia as RBI tries to lift economy
Updated On : 28 Nov 2019 | 8:39 AM IST

India plans to migrate rupee trading back home. Why is that an uphill task?

London has become the biggest center for trading the Indian currency, according to the latest survey by the Bank for International Settlements in September.

India plans to migrate rupee trading back home. Why is that an uphill task?
Updated On : 26 Nov 2019 | 8:12 AM IST

A rupee strategy

Having hard-currency assets overseas can be fruitful if the rupee falls

A rupee strategy
Updated On : 01 Sep 2019 | 11:32 PM IST

Hedge with gold or currency

But whatever you do, be prepared to hold on to your positions and keep your nerve

Hedge with gold or currency
Updated On : 11 Aug 2019 | 9:01 PM IST

Move over dollar, next rally in EM currencies: Top investment manager

Asian currencies such as the Indian rupee and Indonesian rupiah, which have been sold off, are favoured

Move over dollar, next rally in EM currencies: Top investment manager
Updated On : 01 Jun 2018 | 2:19 PM IST
Tipping Point: What is the cheapest way to carry currency abroad?
Updated On : 28 Sep 2017 | 4:11 AM IST

China, Japan and four others on US' radar for currency practices

Other countries include Germany, Korea, Switzerland and Taiwan

China, Japan and four others on US' radar for currency practices
Updated On : 15 Apr 2017 | 10:05 AM IST

Buy currency now for foreign trips in near future

Carry dollars in cash if you are going to a country whose currency is not popular

Buy currency now for foreign trips in near future
Updated On : 02 Apr 2017 | 9:46 PM IST

Rupee breaks 2-day winning run; dives 17 paise to 67.07

The rupee on Thursday plunged by 17 paise to close at 67.07 on fresh dollar demand

Rupee breaks 2-day winning run; dives 17 paise to 67.07
Updated On : 17 Feb 2017 | 1:22 AM IST

S.Korean won's volatility to dollar hit 6-year high in 2016

The dollar's volatility increased ahead of the US election

S.Korean won's volatility to dollar hit 6-year high in 2016
Updated On : 19 Jan 2017 | 2:51 PM IST

Nigerian with Rs 54 lakh in new notes caught at Indira Gandhi Airport

CISF personnel intercepted the Nigerian travelling to Coimbatore from New Delhi

Nigerian with Rs 54 lakh in new notes caught at Indira Gandhi Airport
Updated On : 23 Dec 2016 | 10:37 AM IST

Army personnel deployed at Salboni, Dewas currency printing

The Dewas Security Press is printing new Rs 500 currency notes

Army personnel deployed at Salboni, Dewas currency printing
Updated On : 21 Dec 2016 | 8:55 PM IST

New currency notes worth over Rs 95 lakh sezied in Hyderabad

The matter would be reported to Income Tax department for further investigations

New currency notes worth over Rs 95 lakh sezied in Hyderabad
Updated On : 02 Dec 2016 | 3:24 AM IST

Cash still hot as a medium of exchange

Currency circulation in India as a percentage of GDP is 12%, versus Japan's high of 20%

Cash still hot as a medium of exchange
Updated On : 15 Nov 2016 | 1:50 AM IST

Sunday sees no let up in rush at ATMs; banks to be closed tomorrow

Delhiites started forming serpentine queues as early as 6 am outside ATMs and banks to try to get cash

Sunday sees no let up in rush at ATMs; banks to be closed tomorrow
Updated On : 13 Nov 2016 | 2:57 PM IST

Enough Rs 100 notes available, please don't hoard them: RBI

In the absence of adequate Rs 500 notes and complete elimination of Rs 1,000 denomination as of now, people have started panic hoarding of Rs 100 notes

Enough Rs 100 notes available, please don't hoard them: RBI
Updated On : 13 Nov 2016 | 12:33 PM IST