Indian-Rupee

Indian Rupee Becomes Worst Performing Currency Of Entire Asia: Find Out Why? Foreign funds have quit on India’s stocks, and the Indian rupee will be ending the year as the worst-performing currency in entire Asia This quarter has…

Dubai Duty Free Will Now Accept Indian Currency Dubai Duty Free (DDF) is one of the biggest, most profitable travel retail operators in the world, with a sales turnover of more than $2 billion last year. They run duty free operations…

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…

Reserve Bank of India has almost stopped the printing of Rs 2000 currency notes, as the primary focus has shifted to printing of Rs 200 notes, and circulating them

It seems that Govt. of India is now determined to start printing and circulating plastic currency notes, pan-India. A recent statement from Finance Ministry has confirmed that trial for Rs 10 currency notes, printed on plastic would be…

Next time you come across a ‘different looking’ 500-rupee note, don’t think you have been conned. The visually impaired have been struggling with notes of various denominations, as there is no other means for them to count money besides…

RBI had launched a much needed website called Paisa Bolta Hai - that explains how consumers can detect a fake currency in circulation. According to RBI, total of 4,35,607 fake currencies we detected in 2010-11, mostly in form of Rs. 500 and…

In March of 2009, global equity markets bottomed out and the once near - Armageddon status of the global economy began its very slow upward march toward full recovery. Today, over 3 years later, the global economy is still on that upward…

Inflation has kind of become a Yamraj (the god of death) – It is gaining in strength day by day and taking a toll of things. Obviously, you have heard of onions touching close to 60 rupees a kg and Garlic going upwards 300 rupees a…

The 2008 recession has turned the global currency picture upside down. The impact of the slowdown has been felt harder on the advanced economies such as the US, UK and Europe, leading to substantial drain in their currency strength and…