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.
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 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.
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 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.
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.
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.
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.
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 Douyin, many videos highlighted how Modi was all smiles during his China visit. Others focused on his handholding with Putin and Trump’s supposed irritation.
ED has accused Amtek promoter Arvind Dham of controlling web of nearly 500 shell companies operating as a layered structure, with up to 15 levels of indirect ownership, to divert funds.
Bengaluru-based CeNS designs accurate, portable, and cheap sensor using surface-enhanced Raman spectroscopy. It could significantly reduce risks at vulnerable choke points.
From Munir’s point of view, a few bumps here and there is par for the course. He isn’t going to drive his dumper truck to its doom. He wants to use it as a weapon.
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