Currency
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Need to make Indian banks, currency important part of international trade, supply chain: PM Modi
India | Jun 06, 2022, 05:07 PM ISTThe coins of Re 1, Rs 2, 5, 10 and 20 denominations will have the Azadi Ka Amrit Mahotsav (AKAM) design are not commemorative coins and will be part of the circulation.
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Value of Afghanistan's currency climbs against dollar
Business | Dec 16, 2021, 11:34 PM ISTOfficials of Sara-i-Shahzada, the largest money changers market in Afghanistan, were quoted by the government-run Bakhtar News Agency as saying that the value of $1 has dropped from 130 afghani to 102 afghani following a joint meeting of government officials and money changers with Da Afghanistan Bank (DAB), the country's central bank on Wednesday, Xinhua reported.
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Afghan central bank urges people to use local currency
World | Sep 18, 2021, 11:14 AM ISTThe announcement came amid the growing use of foreign currencies in some Afghan provinces, including US dollar, Iran's rial and Pakistani rupee.
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Afghans oppose Pakistan as it tries to impose its own currency
India | Sep 12, 2021, 02:39 PM ISTThe report said that Tareen made the statements after International Monetary Fund and World Bank suspended payments to Afghanistan.
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23-yr-old Student develops UV-E SAFE kit to sanitize money, documents and more
Science | Aug 06, 2020, 06:24 PM ISTA 23-year-old student, K. Goutam Kumar, has developed a UV-E SAFE kit that helps in sanitising money, documents, files, and other belongings within a minute.
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Foreign currency worth Rs 45 lakh hidden in Meatballs, Peanuts sized at Delhi airport
News | Feb 13, 2020, 03:33 PM ISTThe CISF seized Rs 45 lakh worth of foreign currency hidden in cooked meat pieces, peanuts and biscuit packets from a passenger at the Delhi airport.
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Sensex falls over 100 points ahead of GDP data release
Business | Nov 29, 2019, 10:43 AM ISTMarket benchmark BSE Sensex dropped over 100 points in early trade on Friday tracking losses in index-heavyweights RIL and ICICI Bank ahead of quarterly GDP growth data release. Retreating from its lifetime peak scaled in the previous session, the 30-share index was trading 158.97 points, or 0.39 per cent, lower at 40,971.20 in morning session. Similarly, the broader NSE Nifty was quoting 38.45 points, or 0.32 per cent, down at 12,112.70.
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US declares China as currency manipulator
World | Aug 06, 2019, 08:13 AM ISTThe U.S. Treasury Department on Monday designated China as currency manipulator, a move that could escalate the tense trade relations between the two nations. Beijing has let the yuan fall to a politically sensitive level against the dollar and Chinese firms have reportedly stopped buying US farm produce.
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Facebook's new currency plan under scrutiny in Congress
World | Jul 16, 2019, 01:12 PM ISTFacebook's ambitious plan to create a financial eco-system based on a digital currency faces questions from lawmakers, as it's shadowed by negative comments from President Donald Trump, his treasury secretary and the head of the Federal Reserve. Congress begins two days of hearings Tuesday on the currency planned by Facebook, to be called Libra, starting with the Senate Banking Committee.
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2 Indians arrested with 1.8 million Nepalese currency
India | Jun 27, 2019, 08:45 PM ISTRanjan Dash, 30 and Bala Yadav, 29, both residents of Bihar's Motihari district, were arrested with the Nepalese currency on Wednesday during a routine security check at the border post in Birgunj Municipality, they said.
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FDI in India grew by 6% to $42bn in 2019: UN report
Business | Jun 13, 2019, 02:59 PM IST"Investment was strong in manufacturing, communication and financial services -- the top three industry recipients," said the UNCTAD World Investment Report 2019 released on Wednesday.
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Rupee slips 4 paise against US dollar in early trade
India | Jun 13, 2019, 11:00 AM ISTAt the Interbank Foreign Exchange, the rupee opened on at 69.33 then fell to 69.38 against the US dollar, showing a decline of 4 paise over its previous closing.
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Rupee rises 6 paise against US dollar on foreign fund inflows
India | May 21, 2019, 01:03 PM ISTThe rupee had appreciated 49 paise to 69.74 in the previous session and inched up 6 paise to 69.80 against US dollar in the second session
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Rupee rises 6 paise to 68.57 vs USD in early trade
Business | Mar 22, 2019, 10:10 AM ISTThe rupee opened at 68.60 at the interbank forex market, then gained further ground and touched 68.57, displaying gains of 6 paise over its last close.
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Rupee rises 20 paise to 69.14 vs USD in early trade
Business | Mar 15, 2019, 10:18 AM ISTThe rupee on Thursday had strengthened by 20 paise to close at 69.34 against the US dollar.
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China: Yuan edges higher against US dollar
Business | Mar 14, 2019, 09:12 AM ISTIn China's spot foreign exchange market, the yuan is allowed to rise or fall by 2 percent from the central parity rate each trading day, Xinhua news agency reported.
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Rupee recovers, strengthens 38 paise to 73.74 against US dollar
Business | Oct 12, 2018, 11:27 AM ISTBesides, dollar-selling by exporters and banks, the dollar's weakness against some currencies overseas, helped the recovery in the domestic currency.
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'Rupee not breaking, it's broken'; Rahul Gandhi slams government over currency depreciation
India | Oct 04, 2018, 01:17 PM ISTTaking to Twitter, the Congress scion wrote; "Breaking: Rupee slips to 73.77. It's not breaking - it's Broken"
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RBI tweak norms for exchange of torn currency
India | Sep 07, 2018, 08:46 PM ISTPost demonetisation in November 2016, the Reserve Bank has introduced Rs 200 and Rs 2,000 notes. Besides, it came out with smaller notes of Rs 10, Rs 20, Rs 50, Rs 100 and Rs 500.
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Q1 GDP at 8.2% a statistic, rupee at 70 to a dollar is reality: Chidambaram
India | Sep 01, 2018, 01:47 PM IST“Q1 GDP at 8.2 per cent is a statistic. Rupee at 70 to a dollar is a reality", wrote Chidambaram.