Tag archive for ‘Currency’
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 Tuesday, November 21st, 2017
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Pakistan rejects China’s demand to use its currency in Gwadar Free Zone

Pakistan has rejected China’s demand for the use of the Renminbi or Chinese yuan in the Gwadar Free Zone under China Pakistan Economic Corridor (CPEC) framework. India’s western neighbour has argued that such More...

By Loknath Das On Tuesday, November 21st, 2017
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Pound to dollar exchange rate – sterling remains steady with the US currency

Sterling was firmer against both the dollar and the euro ahead of the UK budget on Wednesday. And the pound – up 0.23% to 1.3245 against the dollar this morning – was helped further following press More...

By Loknath Das On Tuesday, November 21st, 2017
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Convert foreign currency offerings immediately: TTD EO

Necessary initiatives should be taken to account the foreign currencies offered by devotees in Hundi by converting them into Indian currency, directed TTD EO Anil Kumar Singhal. While reviewing with senior officials More...

By Loknath Das On Friday, October 20th, 2017
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Ujjain: New currency note shortage dejects people

Mhow: Hundreds of bank customers were left dejected after they failed to get new currency notes from banks during Diwali festival. Ahead of Diwali, the demand for new currency notes was high as many people keep More...

By Loknath Das On Wednesday, October 4th, 2017
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Currency impact on North American companies’ second quarter results up vs first quarter: report

NEW YORK (Reuters) – The negative effect of currency fluctuations on North American companies’ results in the second quarter rose slightly from the first quarter, but was down from a year ago, currency More...

By Loknath Das On Wednesday, October 4th, 2017
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RBI to print new Rs 100 currency notes?

The Reserve Bank of India (RBI) is reportedly going to start printing new Rs 100 notes in April next year, as part of its plan to redesign and upgrade the ones in circulation. The existing notes, which will remain More...

By Loknath Das On Wednesday, October 4th, 2017
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RBI to start printing new Rs 100 currency notes from April 2018

The Reserve Bank of India (RBI) is planning to start printing fresh Rs 100 currency notes around April 2018, according to a report by Mint. Printing of the redesigned notes will begin after printing presses More...