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Thursday, August 14, 2025
TopicCurrency

Topic: currency

Waning trust in US dollar has spurred a rally in Asian currencies. Central banks may have to step in

The flip-flops on Trump’s tariff policy have led to a wave of dollar-selling. Stronger Asian currencies & weaker dollar will help address US’ trade imbalances with Asia.

How a regulated common currency could help West Africa reach net-zero emissions

The Ecozone was a top priority at 2023 ECOWAS summit. But the common currency, set to come into effect in 2027, faces a major challenge—lack of consensus among African countries.

Rupee pressure likely to persist for now. Flexibility may be apt strategy for RBI to counter uncertainty

Rupee had a major fall this week, led by strong US macro data, rising crude prices. China's currency moves, Japan’s possible rate hike & domestic growth concerns may maintain pressure.

NATO has a new chief, failed ‘coup’ in Bolivia & other global news you may have missed

ThePrint’s round-up of world news and topical issues over the past week.

Travel Destinations Where Indian Currency is of High Value

As of 2024, several countries where Indian currency is higher let travellers with travel insurance to indulge in unforgettable experiences without exceeding their budget.

Pakistan’s currency the new canvas for fan love. Citizens want Imran Khan, Dua on note

Pakistan’s central bank is seeking public opinion on the design of the new currency. Apart from creative imagery, citizens are requesting a move to plastic notes.

Why are African countries, others pushing for ‘de-dollarisation’ — trade in currency other than the USD

USD has been the world’s reserve currency for over 75 years, but many nations are now seeking to trade in local currencies to reduce costs, avoid sanctions & reshape global financial system.

RBI refutes reports of ‘missing’ Rs 88,032.5 cr, says claims based on ‘erroneous interpretation’ of data

Reports had emerged Saturday, based on data from RTIs, that alleged that millions of Rs 500 notes had been printed by India’s mints but had not reached the RBI.

SWIM IEO – World’s First Knowledge-Sharing Token Sale Kicks Off on ProBit Global

Built on a decentralized chain that utilizes proof of wisdom and proof of contributions for integrity and transparency, the SWIM platform seeks to reward users for participating in wisdom games that convert their screen time into NFTs.

Rupee falls to 81.75 against dollar, loss on stop losses and dollar outflows

The rupee was down 0.5% to the dollar and has been an underperformer among Asian peers. The offshore Chinese yuan was up 0.9%, leading Asian currencies higher.

On Camera

Dogs matter more to Indian middle class than people

Why do people who complain that our municipalities are incapable of offering proper shelter to dogs not worry about the pathetic shelter offered to refugees and victims of political persecution?

Slashing GST on waste can unlock Rs 1.8 lakh crore, high tax hurting circular economy goals—CSE

Centre for Science and Environment in new report makes case for rationalising GST on waste material, saying most informal operators can’t afford high tax & it also hinders recycling.

India, US troops to undertake joint military exercise next month, first after Op Sindoor

21st edition of annual joint military exercise will be held from 1 to 16 September, aimed at sharing military tech, operational best practices & disaster relief coordination methods.

Modi’s ready to risk it all for farmers. Farm reform can answer Trump with new Green Revolution

Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.