Currency

Reliance Infrastructure to raise Rs 750 crore via foreign currency convertible bonds

Reliance Infrastructure in a BSE filing also said that Sandeep Khosla has been appointed as Chief Financial Officer (CFO) of the company.

published on : 26th September 2021

China declares all cryptocurrency transactions illegal

Chinese banks were banned from handling cryptocurrencies in 2013, but the government issued a reminder this year.

published on : 24th September 2021

NIA files supplementary chargesheet against FICN trafficker in Bengaluru

The case was registered in Bengaluru after three persons were arrested with FICN with a face value of Rs 4,34,000, the NIA official said.

published on : 21st September 2021

Hungary: Bronze statue honouring mysterious Bitcoin founder unveiled

Erected in a business park near the Danube River in Budapest, the bust sits atop a stone plinth engraved with the name of Satoshi Nakamoto, the pseudonym of the mysterious developer of Bitcoin.

published on : 17th September 2021

Google glitch shows more rupees against UAE dirham, but expats' joy shortlived

Even when the conversion rate plunged, the Indian rupee was at 73.48 against the US dollar and no exchange or bank reflected the plunge in the rate of rupee against dirham.

published on : 16th September 2021

Akram, Laxman, Klusener join world's first crypto cricket platform 'CricketCrazy.io'

The Cricket Token (CRIC), successfully listed on Indian and international crypto exchanges in the last week, with a market cap of over USD 200 million.

published on : 15th September 2021

Rupee snaps 3-day losing streak, settles 10 paise higher at 73.50 against USD

At the interbank forex market, the local unit opened on a weak note at 73.77 against the greenback. During the session, the domestic unit witnessed an intra-day high of 73.48 and a low of 73.85.

published on : 9th September 2021

On way, a fungible trade platform for crypto users

He expects that there will not be one encompassing law or regulation and that there will be separate frameworks for different parts of the ecosystem. 

published on : 9th September 2021

Early stumble as El Salvador starts Bitcoin as currency

Meanwhile, the value of Bitcoin plummeted early Tuesday, dropping from more than $52,000 per coin to $42,000, before recovering about half the loss — an example of the volatility that worries many.

published on : 8th September 2021

Rupee plunges 32 paise to close at 73.42 against US dollar

At the interbank foreign exchange market, the local currency opened at 73.12 and dropped to a low of 73.44 in the day trade.

published on : 7th September 2021

Crypto not currency; needs to be regulated as asset: ex-RBI deputy governor R Gandhi

He expressed apprehension that there is a possibility of using this virtual asset for criminal activity in absence of regulation and there are numerous instances indicating that.

published on : 7th September 2021

Rupee slips 7 paise to 73.17 against US dollar in early trade

At the interbank foreign exchange, the rupee opened at 73.12 against the dollar, then fell to 73.17, registering a decline of 7 paise from the last close.

published on : 7th September 2021

Sri Lankan Parliament approves emergency regulations to contain food prices

President Rajapaksa declared an economic emergency last week to contain soaring inflation after a steep fall in the value of the country's currency caused by a spike in food price.

published on : 6th September 2021

Rupee drops 8 paise to close at 73.10 against US dollar

At the interbank foreign exchange market, the domestic currency opened flat at 73.02, then lost ground and settled for the day at 73.10, down 8 paise over its previous close.

published on : 6th September 2021

Gold vs cryptocurrency: The great investment debate of 21st century

India, among the world’s biggest holders of gold, saw investments in crypto grow from about $200 million to nearly $40 billion in the past year

published on : 6th September 2021
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