you are here: HomeNewsCurrency
currency
Jump to
3839 Results Found
  • Despite uptick in digital payments, India continues to be a cash-based economy Apr 15, 2021 03:14 PM IST

    Despite uptick in digital payments, India continues to be a cash-based economy

    Fear of contracting the deadly coronavirus has led to a global decline in cash usage and a surge in digital payments worldwide. However, despite the rise in digital payments in India, the overwhelming majority — almost 90 percent — of transactions in the country involve cash.

  • China charges ahead with a national digital currency Mar 02, 2021 07:55 AM IST

    China charges ahead with a national digital currency

    The electronic Chinese yuan is now being tested in cities such as Shenzhen, Shanghai and Beijing. No other major power is as far along with a homegrown digital currency.

  • History of Money (Part II) | Currencies, banking and crises Mar 01, 2021 02:39 PM IST

    History of Money (Part II) | Currencies, banking and crises

    In the initial years, the notes and coins were backed by the commodities such as gold, silver etc. This meant that volume and value of currency circulated were based on the value of gold/silver reserves held by the authorities which were mainly central banks 

  • History of Money (Part I) | From cowries to cryptocurrency Feb 24, 2021 02:39 PM IST

    History of Money (Part I) | From cowries to cryptocurrency

    The Indian subcontinent had multiple kingdoms issuing multiple forms of coinage. When the British came to India, they realised that Rupee as a currency name was widely prevalent and stuck to it 

  • 3 Point Analysis | Which Were The Best Performing Asset Classes In 2020? Dec 21, 2020 03:44 PM IST

    3 Point Analysis | Which Were The Best Performing Asset Classes In 2020?

    To just say 2020 has been an eventful year would be an understatement. The COVID-19 Pandemic has hit the world hard, pushing it into a pause mode. The economy came under pressure and investors were perplexed. However several asset classes climbed the walls of worry making investors wealthier. In this edition of 3-Point analysis, we find out how various asset classes performed in 2020.

  • Why is the RBI buying dollars aggressively? Jul 12, 2020 08:18 AM IST

    Why is the RBI buying dollars aggressively?

    Foreign exchange reserves have risen by $50 billion since the beginning of the year, despite a net ~ $14 billion outflow from domestic equity and debt markets in the same period.

  • Tactical asset allocation is the mantra of global investing: Shankar Sharma Jul 11, 2020 08:40 AM IST

    Tactical asset allocation is the mantra of global investing: Shankar Sharma

    We follow a tactical asset allocation approach in which we are not exposed to a single market or a single currency or a single asset we diversify to the best opportunities available at that point in time.

  •  These 13 stocks are likely to benefit the most from a stronger rupee: ICICI Direct Jul 10, 2020 01:05 PM IST

     These 13 stocks are likely to benefit the most from a stronger rupee: ICICI Direct

    India is a major beneficiary of improved global liquidity on lower crude prices. Cheaper crude is a big positive for the Indian economy in such trying times.

  • Rupee may continue upmove towards 76.4-77, deploy unconventional 'Bull Put Spread' Jun 14, 2020 12:44 PM IST

    Rupee may continue upmove towards 76.4-77, deploy unconventional 'Bull Put Spread'

    Profit can be booked in this strategy if the currency pair trades above 76.85 anytime during the week.

  • Rupee likely to move sideways on FII inflow, US job data; deploy ‘short strangle’ Jun 07, 2020 10:05 AM IST

    Rupee likely to move sideways on FII inflow, US job data; deploy ‘short strangle’

    Looking at the overall market structure, it is evident that sideways movement is likely to continue in the currency pair.

  • COVID19-led lockdown disruptions: Why interest rate cuts aren't helping May 27, 2020 01:14 PM IST

    COVID19-led lockdown disruptions: Why interest rate cuts aren't helping

    When rate cuts fail to bring down the entire yield curve the policy decision needs to front-load ammunition to achieve the desired goals. Monetary policy has to shift to principles of inclusion and not selectivity.

  • Sri Lanka seeks $1.1 billion currency swap facility from India amid depleting forex reserves May 24, 2020 03:25 PM IST

    Sri Lanka seeks $1.1 billion currency swap facility from India amid depleting forex reserves

    Sri Lankan President Gotabaya Rajapaksa has requested India to provide a special USD 1.1 billion currency swap facility to boost the country's draining foreign exchange reserves

  • Who is afraid of printing money May 07, 2020 08:56 AM IST

    Who is afraid of printing money

    Part of the fiscal deficit should be monetized as a one-off measure

  • Indian rupee settles 14 paise lower at 76.53 against US dollar Apr 20, 2020 03:15 PM IST

    Indian rupee settles 14 paise lower at 76.53 against US dollar

    During the session, the rupee witnessed high volatility and touched a high of 76.43 and a low of 76.68 against the US dollar.

  • 'USD/rupee pair may touch all-time high if Coronavirus-induced disruptions exacerbate' Mar 09, 2020 12:40 PM IST

    'USD/rupee pair may touch all-time high if Coronavirus-induced disruptions exacerbate'

    As long as further new cases are not reported the sentiment should be stable. This could be a positive for the rupee.

  • Only a cure for the virus can revive markets Feb 28, 2020 09:26 AM IST

    Only a cure for the virus can revive markets

    Earlier instances show that the correction from such emergencies is sharp and short, but this time the virus seems much more contagious and has spread rapidly across the globe

  • Yen gains, yuan skids as China coronavirus fears grow amid rising death toll Jan 27, 2020 09:04 AM IST

    Yen gains, yuan skids as China coronavirus fears grow amid rising death toll

    Japan's currency, often sought as a safe-haven in times of uncertainty, rose to the highest in almost three weeks versus the dollar, while the Chinese yuan fell to its lowest since January 8

  • What to look forward to at this year's Traders Carnival Dec 03, 2019 06:20 PM IST

    What to look forward to at this year's Traders Carnival

    The annual Traders Carnival is being held in Coimbatore and will capture the changing market dynamics. Live trading, expiry day trading, currency and commodity traders will be showcasing their skills.

  • Indian rupee logs 1st gain in 6 days; recuperates 13 paise Nov 14, 2019 06:23 PM IST

    Indian rupee logs 1st gain in 6 days; recuperates 13 paise

    A day after plunging below the psychological 72-level in over two months, the domestic currency opened on a positive note. As forex market participants weighed a range of macroeconomic factors posing challenges, the Indian currency turned volatile traded in the range of 71.85 to 72.24 to the US dollar.

  • Cross-border yuan usage jumps 20% in January-September on capital market opening: Central banker Nov 06, 2019 07:56 AM IST

    Cross-border yuan usage jumps 20% in January-September on capital market opening: Central banker

    About 6 trillion yuan of cross-border yuan payment was for securities investment, thanks to China's accelerated opening of its capital markets, Huo Yingli, director of macroprudential policy bureau at the People's Bank of China told a conference in Shanghai.

  • Rupee opens 24 paise higher on easing crude oil prices Oct 22, 2019 09:12 AM IST

    Rupee opens 24 paise higher on easing crude oil prices

    On technical charts, USD-INR October futures has given an upward break of descending channel and right now trading with rising channel indicating short term uptrend.

  • Rupee at one-week high, opens 24 paise up at 70.83 per dollar Oct 11, 2019 09:09 AM IST

    Rupee at one-week high, opens 24 paise up at 70.83 per dollar

    The dollar slid to two-week lows on Thursday, with safe-haven demand for the currency waning.

  • Rupee likely to trade between 71.1-72 against US dollar this week Sep 02, 2019 03:16 PM IST

    Rupee likely to trade between 71.1-72 against US dollar this week

    USD/INR is likely to trade in the range of 71.1 to 72 in an upcoming week and traders can form short strangle and go short in 72 CE and 71 PE at 0.065 and 0.0875 respectively of 6th Sep contract to gain the Theta.

  • Euro holds below $1.10 as economic clouds darken Sep 02, 2019 01:26 PM IST

    Euro holds below $1.10 as economic clouds darken

    With US markets shut for a holiday on September 2, though, investors remained on the sidelines while looking to see what expansionary policies the European Central Bank and the US Federal Reserve could unveil this month.

  • 'A break below 72.90/$ could push rupee to a new all time low' Aug 27, 2019 11:59 AM IST

    'A break below 72.90/$ could push rupee to a new all time low'

    The level of 72.90 is a crucial resistance for the USD/INR pair, break of which could push it to a new all-time high.

Sections