Asia’s biggest currency gain in 20 years may be about to end 

Global funds pulled $1.02 billion from Indonesian bonds last week, the biggest five-day outflow since November 2016. Asian currencies may be on the verge of a correction after completing the best year in at least two decades. The warning sign? Indonesia’s rupiah slumped to a two-year low last week. The rupiah is seen as a bellwether of sorts for More...

by Loknath Das | Published 2 months ago
By Loknath Das On Friday, March 9th, 2018
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Malaysia Disagrees With IMF Over Currency Management, Once Again

Malaysia, which defied the advice of the International Monetary Fund during the Asian financial crisis two decades ago, is again disagreeing with the agency over how to manage its currency. This time, it’s More...

By Loknath Das On Friday, February 23rd, 2018
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Best Currency Positions For March 2018

Summary I once again have collected price and interest rate data for 26 currencies. I ranked the currencies according to four measures and I combined these rankings into four combined measures. Good shorts are More...

By Loknath Das On Friday, February 23rd, 2018
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Solving Zimbabwe’s Currency Crisis

PHILIMON BULAWAYO / REUTERS Zimbabwe is currently confronted by a currency crisis that has seen it abandon its national currency and use a range of currencies together with the introduction of bond notes. More...

By Loknath Das On Friday, February 23rd, 2018
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Currency circulation in India at 99% of pre-demonetisation level: RBI data

The demonetisation move on 8 December 2016 sucked out 86% of the currency in circulation. Photo: AP Mumbai: Currency in circulation in India stood at Rs17.78 trillion as on 16 February, reaching 98.94% of the More...

By Loknath Das On Saturday, January 27th, 2018
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Bitcoin Wallet Devices Vulnerable To Security Hacks: Study

The research shows that the cryptocurrency parked in bitcoin wallet is unsafe London: Devices used to manage popular digital cryptocurrencies like Bitcoin have security weak spots, say scientists who have found More...

By Loknath Das On Saturday, January 27th, 2018
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Rupee Up 9 Paise At 63.69, Climbs To New 1-Week High

The RBI fixed the reference rate for the dollar at 63.6439 and for the euro at 78.4538. Mumbai: Hardening its bullish stance, the rupee today strengthened by another 9 paise to close at a new one-week high 63.69 More...

By Loknath Das On Saturday, January 27th, 2018
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Russia’s Finance Ministry Set To Regulate, But Not Ban Bitcoins

Russia’s finance ministry is working on legislation to regulate bitcoins Moscow: Russia’s finance ministry said on Thursday it was working on legislation that would regulate crypto-currency transactions More...

By Loknath Das On Friday, January 12th, 2018
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Bitcoin Prices Fall 5%: Market Cap Still Ahead Of Ethereum, Ripple’s Put Together

Bitcoin prices fell over 5% on Wednesday HIGHLIGHTS Bitcoin’s price closed at $14,595 on Tuesday Bitcoin prices struggle to surge past $14,300 on Wednesday Bitcoin market cap falls to $240 billion More...

By Loknath Das On Friday, January 12th, 2018
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Bitcoin Prices Fall As South Korea Seeks To Ban Cryptocurrency Exchanges

HIGHLIGHTS South Korea is a big market for bitcoin, ethereum trading South Korea’s plan to ban bitcoin trading triggers its fall Bitcoin price has been falling consistently since 5 days COMMENTS Bitcoin More...