Search For "currency"
Pakistan spending 66 per cent of forex on fuel imports
Updated : 3 years, 4 months ago IST
Amid surging energy prices worldwide due to the Russia-Ukraine war and deteriorating economy due to inflation and its depreciating currency, Pakistan is forced to spend 66 per cent of its forex reserve on fuel imports.
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Pakistan's economic condition worsens as default on borrowing spikes
Updated : 3 years, 4 months ago IST
Fast deteriorating CDS is signalling the foreign investors that Islamabad is precariously near default. Rather than taking SOS measures for economic revival, Islamabad is still pinning its hope on assistance from Saudi Arabia and China which have dried up in the recent past.
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Singapore launches expanded initiative for cross-border usage of digital c
Updated : 3 years, 4 months ago IST
The enhanced initiative is named Ubin+, which will strengthen Singapore's capabilities to use digital currency-based infrastructure for cross-border transactions.
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First in 20 years, currency in circulation declines in busy Diwali week: S
Updated : 3 years, 4 months ago IST
Innovations in technology have changed the Indian payment system over the years and the Indian cash-led economy now has changed to a smartphone-led payment economy.
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Mumbai airport Customs seize foreign currency worth $ 4,97,000 from three
Updated : 3 years, 4 months ago IST
Three Indian passengers, of a family, travelling to Dubai via Fly Dubai flight FZ 446 were intercepted and currency worth 4,97,000 USD, equivalent to approximately Rs 4.1 crore, seized, a customs official said.
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Central Bank Digital Currency is going to be major transformation of the w
Updated : 3 years, 4 months ago IST
While addressing FIBAC on Wednesday, Governor Shaktikanta Das said, "Yesterday, we launched the trial of our digital currency, Central Bank Digital Currency (CBDC) project. It was indeed a landmark moment in the history of currency in our country. Going forward, it will be a landmark moment.
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UK central bank considering a central bank digital currency
Updated : 3 years, 4 months ago IST
The central bank of the United Kingdom said people were using cash less and financial technology (fintech) firms have started to offer new forms of money and new ways to pay. The Bank posted a statement last week that these changes mean new opportunities and risks that the central bank needs
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Congress makes false promises, Kejriwal a symbol of anarchy: Union Ministe
Updated : 3 years, 4 months ago IST
Days before Himachal Pradesh assembly polls, Union Minister Anurag Thakur alleged that Arvind Kejriwal is a 'symbol of anarchy' and that the Congress has made false promises.
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India's forex reserves at new over 2-year low amid weak rupee
Updated : 3 years, 4 months ago IST
According to RBI's latest data, India's foreign currency assets, which are the biggest component of the forex reserves, declined by USD 3.59 billion to USD 465.075 billion.
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Pictures of gods on currency notes: Kejriwal writes to PM Modi
Updated : 3 years, 4 months ago IST
Delhi Chief Minister Arvind Kejriwal said that the Indian currency notes should have photos of Lakshmi and Ganesha apart from that of Mahatma Gandhi.
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Kejriwal plays emotional card wherever he has to contest elections, says C
Updated : 3 years, 4 months ago IST
CM Baghel made this statement on Thursday while reacting to Kejriwal's remark to put images of Lord Ganesha and Goddess Lakshmi on currency notes.
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Indian currency notes should carry picture of Ambedkar: Ramdas Athawale
Updated : 3 years, 4 months ago IST
Speaking to ANI, Ramdas Athawale said, "Honorable Mahatma Gandhiji already has a photograph on all the currency notes but if a person's photograph is to be brought on the currency, Babasaheb Ambedkarji should have his photograph on some currency notes. Similar demand is being made from our D
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