Beijing: Chinese currency today continued its sharp fall for the third consecutive day, sending jitters in the markets as the central bank assured that there will not be currency slump as feared by many at
Mumbai: Declining for the sixth consecutive session, the rupee tumbled by 59 paise to nearly 2-year low at 64.78 against the US dollar on sustained demand for the American currency from banks and importers on
Beijing: Faced with sluggish economic growth and dwindling exports, China today devalued its currency for the second consecutive day, sending fresh shockwaves through global markets and fuelling fears of a currency war as jittery Asian
Beijing: China's bold move Tuesday to sharply devalue its currency could squeeze exporters around the world whose goods will likely become comparatively costlier than many Chinese products.The action has also intensified fears about the weakening
Mumbai: Rising for the third straight day, the rupee strengthened by another 8 paise to 63.76 against the dollar in early trade today at the Interbank Foreign Exchange on sustained selling of the US currency
Mumbai: The rupee appreciated 16 paise to 63.92 against the US dollar in early trade at the Interbank Foreign Exchange today on fresh selling of the American currency by exporters and banks.Besides, strengthening of the
New Delhi: A school science teacher based in Kolkata has started a campaign to put woman on Indian currency notes.The teacher, Poonam Singh, has submitted a petition on Change.org besides creating a blog and launching
Mumbai: The rupee edged higher marginally by 5 paise to 63.59 against the US dollar in early trade today on continued selling of the American currency by banks and exporters.Forex dealers said that besides the
Washington: With the vast depth and size of its market, India's ability to absorb international shocks is far stronger as reflected in the rupee remaining relatively stable, said Finance Minister Arun Jaitley has. "International factors
Mumbai: The rupee gained 9 paise to 62.72 against the dollar in early trade today at the Interbank Foreign Exchange on increased selling of the American currency by banks and exporters amid lower dollar value
New Delhi: After a gap of over 20 years, Re 1 note has been released in the country and it bears the signature of Finance Secretary Rajiv Mehrishi. Incidentally, the note was released at Shrinathji
New Delhi: On one hand, Narendra Modi government is investigating espionage in various ministries; on the other side it is yet to take action on a grave security breach in the printing of currency notes.According
Stockholm: The Swedish Central Bank, Sveriges Riksbank, has unveiled new coins and bank notes.This is the first time in 30 years for the Swedish Central Bank to issue new banknotes and coins, Xinhua reported Tuesday.The
London: Fake currency and counterfeit credit cards that often invade the markets may soon become things of the past if newly-developed invisible “fingerprints”—tiny tags made of silver nanowires—stand the test of time.The silver nanowires could
Mumbai: Making garlands of currency notes, a practice followed in Indian marriages and political rallies, has been sought to be discouraged by the Reserve Bank. “The Reserve Bank of India has appealed to members of
Mumbai, Jul 5: The rupee ended three days of losses after a volatile session to close at 60.13 against the dollar following firm local equities and fresh currency sales by exporters on Thursday.Early gains were
Mumbai, Jul 13: The rupee trimmed early gains against dollar but was still trading higher by 31 paise at 55.63 a dollar on selling by banks and exporters amid persistent capital inflows.Rupee strengthened despite dollar
Kochi, June 2: With the rupee continuing with its free fall, RBI on Friday said it was doing everything it can to stabilise the exchange rate to reduce volatility of the currency.“... That has been
Barabanki, UP, Apr 20: More than Rs one crore cash was found destroyed by termites in a State Bank of India chest at the Fatehpur tehsil branch of Barabanki district of Uttar Pradesh, reports India
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