currency

Currency in circulation declined during the Diwali week, supposed to be a busy shopping period, for the first time in 20 years this year. This can be explained by the growing preference for digital payments. The report where…

RBI Wants Rabindranath Tagore, APJ Abdul Kalam Images On Currency Notes; Who Will Take Final Decision? Update: RBI has denied such media speculation. In a statement, RBI said, “It may be noted that there is no such proposal in the…

Will Govt Regulate Digital Currencies In India? Misleading Ads Is a Big Concern Reportedly, the Indian government is planning progressive and forward-looking measures on issues related to digital currencies. Discussion On Allowing…

The rise of 7.2% of circulated banknotes can be attributed to people preserving cash for the pandemic. 912 mn soiled notes were pulled from circulation. RBI reported that there was a rise in circulation of banknotes in 2020. …

The Currency in Circulation (CIC) has increased by 22% in 2020, as compared to the volume recorded in 2019. RBI has released important data, informing the growth in currency circulation by Rs 5,01,405 crore in a year’s time, between…

In a historic decision, India and UAE have decided to stop using US Dollars for all trade-related activities and directly trade in INR and Dirham, which is the official currency of UAE. Businesses involved in export & import of goods…

In a written reply given by Minister of State for Finance, Shri Jayant Sinha in Lok Sabha, it was revealed that the Government is all set to introduce one billion plastic notes of Rs 10 denomination on a trial basis in 5 Indian cities:…

Rupee Symbol will be announced today – 5 of them are already shortlisted from thousands of entries that were received last year when the Government of India went public with the competition to design new rupee symbol. Following are the 5…

I have been following both US – Rupee exchange rate as well as stock market, and it is quite obvious that both of them are inversely proportional to each other. Have a look at these Charts of US dollar Vs Rupee exchange rate chart and…

India's stock market and Rupee growth has been fast and furious. The fall seems to come even faster. I have been going gaga over the rise of Indian stock market as well as the rise of Rupee against dollar in the recent past. This blog…