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  • Currency in circulation at Rs 31.22 lakh crore as of March 2022 March 13, 2023 02:46 PM IST

    Currency in circulation at Rs 31.22 lakh crore as of March 2022

    The currency in circulation, which includes bank notes and coins, to GDP ratio stood at 13.7 per cent as on March 25, 2022, up from 11.6 per cent as on March 2014.

  • India's forex reserves drop by $5.68 billion to $561.26 billion February 24, 2023 06:09 PM IST

    India's forex reserves drop by $5.68 billion to $561.26 billion

    This is the third consecutive week of a drop in the reserves after the USD 8.319 billion decrease in the previous reporting week to USD 566.948 billion. In October 2021, the country’s forex kitty had reached an all-time high of USD 645 billion.

  • Rupee falls 14 paise to close at 82.84 against US dollar February 17, 2023 04:13 PM IST

    Rupee falls 14 paise to close at 82.84 against US dollar

    At the interbank foreign exchange market, the rupee opened at 82.77 against the greenback and finally settled for the day at 82.84 (provisional), registering a fall of 14 paise over its previous close of 82.70.

  • Dollar powers to six-week peak on expectations rates will rise February 17, 2023 03:00 PM IST

    Dollar powers to six-week peak on expectations rates will rise

    Data on Thursday showed the number of Americans filing new claims for unemployment benefits unexpectedly fell last week, and that monthly producer prices increased by the most in seven months in January.

  • Dollar gains broadly after strong US retail sales February 15, 2023 07:55 PM IST

    Dollar gains broadly after strong US retail sales

    The dollar rose 0.6 percent against the yen to 133.91 yen.

  • Strong dollar fuels wave of emerging market currency devaluations February 15, 2023 12:34 PM IST

    Strong dollar fuels wave of emerging market currency devaluations

    Economists say further economies likely to follow Egypt, Pakistan and Lebanon in letting exchange rates weaken

  • The untold story of the world’s most resilient currency February 13, 2023 01:22 PM IST

    The untold story of the world’s most resilient currency

    After Thailand became ground zero in the Asian financial crisis, the baht achieved a long-running stability

  • Share buybacks: welcome payments in a suspect currency February 03, 2023 12:23 PM IST

    Share buybacks: welcome payments in a suspect currency

    Investors usually see bumper buybacks as supporting stock prices. But they may not be the bullish signal they appear

  • Gold is getting its glitter back January 16, 2023 05:18 PM IST

    Gold is getting its glitter back

    In today’s markets, there aren’t many other things you can turn to as a long-term safe haven 

  • Rupee rises alongside Asian peers and on oil price relief January 05, 2023 03:49 PM IST

    Rupee rises alongside Asian peers and on oil price relief

    The rupee last traded at 82.5550 to the dollar, up from 82.8025 in the previous session.

  • Egyptian pound sees largest single-day fall since IMF deal January 04, 2023 10:31 PM IST

    Egyptian pound sees largest single-day fall since IMF deal

    The pound fell from around 24.7 for $1 to just over 26.3 against the dollar, less than two weeks after Egypt and the IMF formally ratified the support package

  • Currency in circulation rises by 83% since demonetisation in 2016 January 02, 2023 01:24 PM IST

    Currency in circulation rises by 83% since demonetisation in 2016

    The Supreme Court on Monday upheld the decision of the government on demonetisation.

  • Demonetisation of Rs 500, Rs 1,000 currency notes had to be done through legislation: Justice Nagarathna January 02, 2023 01:11 PM IST

    Demonetisation of Rs 500, Rs 1,000 currency notes had to be done through legislation: Justice Nagarathna

    Justice Nagarathna, who was the juniormost judge in the Constitution bench also comprising justices S A Nazeer, B R Gavai, A S Bopanna and V Ramasubramanian, said the demonetisation of an entire series of notes at the Centre's instance is a far more serious issue that has wider implications on the economy and the citizens of the country.

  • Rupee recovers mild losses to end flat, forward premiums drop December 28, 2022 03:58 PM IST

    Rupee recovers mild losses to end flat, forward premiums drop

    The rupee ended largely unchanged at 82.8575 per dollar. It fell up to 82.9225 during the session, though moved in a narrow 10-paisa range.

  • Dollar touches one-week high vs yen thanks to rise in bond yields December 28, 2022 03:40 PM IST

    Dollar touches one-week high vs yen thanks to rise in bond yields

    The dollar rallied by as much as 0.67% to 134.40 in Asian trading, the most since December 20, when the BOJ sent the pair spiralling lower with an unexpected loosening of the 10-year Japanese government bond yield policy band.

  • Japanese life insurance companies could see margin calls following BoJ yield control move, says Devina Mehra of First Global December 21, 2022 10:02 AM IST

    Japanese life insurance companies could see margin calls following BoJ yield control move, says Devina Mehra of First Global

    If the winds favour Japan by way of lower energy prices, the yen could rally further against the dollar and other carry currencies

  • Yen rises on report of Japan govt move for more flexible inflation target December 19, 2022 07:31 AM IST

    Yen rises on report of Japan govt move for more flexible inflation target

    The yen was last 0.6 per cent stronger at 135.91 per dollar, after having touched a high of 135.80 earlier in the session.

  • Rupee falls 52 paise to close at 81.85 against US dollar on forex outflows, firm crude December 05, 2022 08:42 PM IST

    Rupee falls 52 paise to close at 81.85 against US dollar on forex outflows, firm crude

    Forex traders said a weak dollar in the overseas market cushioned the downside for the local unit.

  • Rupee falls 5 paise to close at 81.79 against US dollar November 21, 2022 08:36 PM IST

    Rupee falls 5 paise to close at 81.79 against US dollar

    The domestic unit finally settled at 81.79 against the American currency, registering a fall of 7 paise over its last close.

  • Dollar bounces as U.S. economy sends mixed signals; sterling drops November 17, 2022 08:08 PM IST

    Dollar bounces as U.S. economy sends mixed signals; sterling drops

    The greenback has tumbled in recent weeks as inflation data and comments from Federal Reserve officials have suggested that the central bank can soon slow the pace of its punishing interest rate hikes.

  • Rupee falls 37 paise to close at 81.63 against US dollar November 17, 2022 04:08 PM IST

    Rupee falls 37 paise to close at 81.63 against US dollar

    Forex traders said the American currency strengthened after strong US retail sales data pointed to resilient consumption adding room for tighter policy by the US Federal Reserve.

  • Commodities LIVE: Rupee at 7-week high vs. USD, where is it headed? November 11, 2022 12:53 PM IST

    Commodities LIVE: Rupee at 7-week high vs. USD, where is it headed?

    Catch today's commodity chat with Manisha Gupta to know how the surge could impact you!

  • Hard work doesn't pay without God's blessings, 130 crore Indians want pictures of Lakshmi, Ganesh on currency: Arvind Kejriwal October 28, 2022 05:53 PM IST

    Hard work doesn't pay without God's blessings, 130 crore Indians want pictures of Lakshmi, Ganesh on currency: Arvind Kejriwal

    Blessings of the Almighty are necessary for hard work to translate into success, the Aam Aadmi Party leader said. Kejriwal reiterated his demand to print pictures of the two Hindu deities on currency notes at a rally at Morva Hadaf in Panchmahal district of Gujarat where Assembly elections are expected to be announced soon.

  • Kejriwal’s suggestion for deities’ images on banknotes sparks furore October 27, 2022 05:08 PM IST

    Kejriwal’s suggestion for deities’ images on banknotes sparks furore

    Other parties term move opportunistic, with an eye on garnering the Hindu vote in the forthcoming Gujarat election

  • Attempt to hide anti-Hindu face: BJP's Manoj Tiwari over Arvind Kejriwal seeking Lakshmi, Ganesha images on currency notes October 26, 2022 02:26 PM IST

    Attempt to hide anti-Hindu face: BJP's Manoj Tiwari over Arvind Kejriwal seeking Lakshmi, Ganesha images on currency notes

    If Kejriwal really meant what he said then he should expel former Delhi minister Rajendra Pal Gautam and AAP’s Gujarat unit president Gopal Italia from the party for ”speaking against Hindu deities”, Tiwari demanded.