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Demonetisation: CBI arrests  RBI officials in foreign money conversion case

Demonetisation: CBI arrests RBI officials in foreign money conversion case

New Delhi: CBI has arrested two personnel of cash department of Reserve Financial institution of India in Bengaluru in connection with the alleged conversion of Rs 1.99 crore of demonetised foreign money with distinctive Financial…

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Digital foreign money income take off, however, and not using a regulation questions abound

Digital foreign money income take off, however, and not using a regulation questions abound

A small, however swiftly growing quantity of Digital technology begin-u.S.is elevating coins by growing and selling their own currencies in services that bypass banks or project capital firms as intermediaries and are outside the attain…

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Soros Was Proper: China Currency Weakening To Seven

Soros Was Proper: China Currency Weakening To Seven

George Soros shorted the Chinese language yuan earlier this 12 months. (Photographer: Matthew Lloyd/Bloomberg) If Soros continues to be sitting on his China brief made in advance in 2016, he is going to get rewarded…

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Ray Dalio Backs First Above-Floor Digital Forex Agency

Ray Dalio Backs First Above-Floor Digital Forex Agency

Ray Dalio (Trades, Portfolio) is seeing Digital fiat Foreign money because of the wave of the future, making an investment in digital charge era slightly greater above-Ground than bitcoin, because it may be used by…

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Distinctive: The Indian Military Has Been Deployed To Help With Forex Printing

Distinctive: The Indian Military Has Been Deployed To Help With Forex Printing

In a degree of the urgency in meeting the Currency scarcity following demonetisation, the Indian Army has been deployed to Help the Reserve Bank of India (RBI) print new notes. The sudden surge in manpower…

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Goldman Warns That the Chinese Yuan Is Headed for Its Largest Annual Decline in Over two decades

Goldman Warns That the Chinese Yuan Is Headed for Its Largest Annual Decline in Over two decades

A median of $50 billion has been steadily leaving the Chinese financial system each month since June. The accelerating outflow of capital from China is probably to coincide with the yuan’s sharpest annual depreciation in…

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Rs a hundred crore seized in new notes to be returned in move

Rs a hundred crore seized in new notes to be returned in move

NEW DELHI: What takes place to new currency notes well worth close to Rs 100 crore which have been seized considering the fact that demonetisation+, frequently in ways of Rs 2000, by agencies inclusive of…

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Demonetisation: The curious case of coins scarcity and foreign money hoarding

Demonetisation: The curious case of coins scarcity and foreign money hoarding

It’s been well over a month for the reason that prison soft reputation of the vintage Rs 500 and a thousand notes (referred to as distinct financial institution notes or SBNs) turned into withdrawn. All…

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Now, banks requesting source of price range deposited in old forex

Now, banks requesting source of price range deposited in old forex

An afternoon after the Union authorities announced that financial institution clients could now want to offer nice rationalization while depositing greater than Rs five,000 in vintage currency notes, each bank has come out with its…

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Demonetisation: Enough currency with RBI to ultimate beyond December 30, says Arun Jaitley

Demonetisation: Enough currency with RBI to ultimate beyond December 30, says Arun Jaitley

The Reserve Financial institution of India has sufficient forex to be furnished even after December 30 and the important Financial institution changed into thoroughly organized for the forex withdrawal selection, finance minister Arun Jaitley stated…

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