Currency

Gujarat Congress Lawmaker Showers Money At Event, Issues Clarification

India News | Press Trust of India | Tuesday June 19, 2018

Congress legislator Alpesh Thakor landed in a controversy today after a video clip purportedly showing him showering currency notes on folk artists during a music event went viral on social media.

Rupee Closes Marginally Higher Against US Dollar. Key Factors That Affected Forex Market

Business | Indo-Asian News Service | Monday June 18, 2018

The Indian rupee staged a recovery towards the fag-end of the session today and ended with a marginal 2 paise gain at 67.99 against the US dollar even as geopolitical worries continued triggering caution among forex traders. Fag-end dollar selling by some banks and exporters predominantly supported the recovery momentum despite bullish dollar overs...

The Bigger Cryptocurrencies Get, The Worse They Perform: BIS

Business | Thomson Reuters | Sunday June 17, 2018

Trust can disappear instantly because of the fragility of the decentralised networks on which cryptocurrencies depend, the Bank of International Settlements (BIS) said.

Rupee Ends Lower At 68.01 Against US Dollar. 5 Things To Know

Business | NDTV Profit Team | Friday June 15, 2018

The Indian rupee on Friday ended lower at 68.01 against the US dollar. However, the pound sterling finished lower at Rs 90.30/32 at the close of the Interbank Foreign Exchange (forex) market today. In early trade today, the Indian rupee plunged by 36 paise to hit a three-week low of 67.98 against the US dollar following strong demand for the greenb...

Rupee Edges Up To 67.62 Against US Dollar Battling CAD Woes, Fed's Hawkish Stance

Business | NDTV Profit Team | Thursday June 14, 2018

For the March quarter, the current account deficit (CAD) rose manifold to over $13 billion, or 1.9 per cent of GDP, from a low $2.6 billion

Undetected At Delhi Airport, Currency Worth Rs 10.8 Crore Seized In Kochi

Kerala News | Edited By Richa Taneja (With Inputs From ANI) | Thursday June 14, 2018

The currency was found hidden inside a rice cooker, which was part of Afghan national's hand baggage.

Rupee Makes Some Recovery But May Touch 68 Against US Dollar: 10 Points

Business | NDTV Profit Team | Thursday June 14, 2018

The rupee took support from a weakness overseas, despite the Fed announcing a much anticipated rate hike. On Wednesday, rupee had declined 16 paise to close at a near one-week low of 67.65 against the US currency on sustained dollar demand.

Rupee Closes Near One Week Low Against US Dollar As Fed Rate Hike Fears Loom

Business | Press Trust of India | Wednesday June 13, 2018

The rupee opened weak at 67.62 per dollar and oscillated between 67.55 and 67.71 during the day

Bitcoin 'Whales' Said to Be Pulling the Strings of the Popular Cryptocurrency

Agence France-Presse | Wednesday June 13, 2018

Bitcoin whales - a word popularly used for big money players in financial markets - "literally control the currency", says an expert in cryptocurrencies.

Rupee Down By 7 Paise, Closes At 67.49 Against US Dollar. 10 Things To Know

Business | Press Trust of India | Wednesday June 13, 2018

The rupee washed out its initial gains to close down by 7 paise at 67.49 against the US currency due to fag-end dollar demand from banks and importers. A rally in domestic equities and a subdued dollar overseas failed to lift the forex sentiment. The release of latest consumer price index-based inflation data for May and the IIP data for April larg...

Rupee Recovers 8 Paise To Close At 67.42 Against US Dollar. 10 Points

Business | Press Trust of India | Tuesday June 12, 2018

Snapping two consecutive sessions of decline, the rupee today staged a recovery to close 8 paise higher at 67.42 against the US currency on fresh bouts of dollar selling by exporters and corporates. Weakness in US dollar amidst slight reversal in US treasury yields also helped the domestic currency recoup some losses. The Indian currency had ended ...

Cryptocurrencies In India: A Battle With Government Diktats, RBI Warnings

Business | NDTV Profit Team | Sunday June 10, 2018

Bitcoin ban: Cryptocurrency stakeholders are eyeing the expiry of three-month deadline given by RBI to banks, and also the Supreme Court's hearing on July 20

Currency With Public Surges To Over Rs 18 Lakh Crore. Ten Things To Know

Business | NDTV Profit Team | Sunday June 10, 2018

The total currency put in circulation by the Reserve Bank of India (RBI) has also more than doubled to over Rs 19.3 lakh crore

Currency With Public Reaches Rs 18.5 Lakh Crore: RBI Data

India News | Press Trust of India | Sunday June 10, 2018

Currency with the public has reached a record high level of over Rs 18.5 lakh crore, more than double from a low of about Rs 7.8 lakh crore it had hit post-demonetisation decision in late 2016, as per RBI data.

Money Worth Lakhs Showered On Folk Singers In Gujarat. Watch

India News | Edited By Richa Taneja (With Inputs From ANI) | Friday June 8, 2018

In Thursday's Dayro programme, folk singer Brijraj Gadhvi was showered with wads of currency notes, worth lakhs.