currency News

US says it could remove India from currency monitoring list

The Treasury praised India for being "exemplary" in publishing its foreign exchange market intervention.

China's yuan weakens on rising corporate dollar demand

Yuan trade was taking its cue from the dollar's movements, with most participants awaiting direction from the Fed's two-day policy meeting later in the global day. Analysts expect both the onshore and onshore spot yuan to remain steady in the 6.75 to 6.76 per dollar range.


Asia stocks, dollar steady as investors await Fed clues

With a rate hike not in the picture this time, the focus will be on the Fed's statement, with markets looking for signs of when the central bank will begin paring its massive bond holdings and next raise rates.

Indian Rupee slips 16 paise against US dollar in early trade

Dealers attributed the rupee's fall at 66.87 to increased demand for the US currency.

New numbering system in currency notes to check counterfeiting

Besides, the government has approved seven new security features, details of which are not yet known, in the bank notes, the sources said.

China's yuan slides in value after Beijing alters controls

The central bank said the yuan's 1.3 percent fall was due to a change aimed at making its exchange rate controls more market-oriented.


Rupee falls on USD demand, Sensex up 245 points

The rupee had plunged to 13-month low of 63.53 earlier this week.

Indian rupee rally mostly over; yuan to recover over time

The rupee is among the best-performing emerging currencies this year, rising 4 four percent since January.

Rollback of pre-2005 currency notes can flush out unaccounted money

RBI’s announcement to withdraw old-series currency notes is not an attempt to demonetise but to rationalise notes with better security features.

Check your cash, pre-2005 notes will not work after July

RBI has asked people to exchange currency notes, which do not display year of printing on the reverse side, with banks.