Currency In Circulation Hits Rs 29L Cr On 2nd Wave

The puzzle of the surge in currency-in-circulation

As a consequence, a surge in money supply is building up in the economy. A recent data released by RBI suggests that broad money (a general measure of money supply in the economy) has grown 11.03% ...

Currency In Circulation Rises 13.2% On Year

The Reserve Bank Of India (RBI) has reported that currency in circulation stayed almost unchanged on the week to stand at Rs 29.63 lakh crore as on May 28, 2021. The central bank stated further that ...

Here are 10 of the rarest 50p coins in circulation - do you have any?

The 50p coin, which entered circulation on October 14 1969, is considered to be the most collectable in Britain the Royal Mint has said. But it is the 2009 Kew Gardens 50p design which remains the ...

Currency outside banks grew stronger in first four months of 2021

Currency outside banks grew stronger in the first four months of this year than the same period last year when covid-19 pandemic emerged, data from the Bank of Ghana has shown. This meant more notes ...

The History of Currency Minting & Its Rise in a Form of Crypto Ecosystems

Fiat currencies are a recognized form of money, while crypto assets remain at the mercy of innovation, regulation and adoption.

Currency, Exchange Rates & Costs in the 19th Century

What currency was used in France, the United States, and Britain in the early 19th century? What were the historical exchange rates? How much did things cost? Since Napoleon in America occasionally ...

Can Bitcoin become a real currency? Here’s what’s wrong with El Salvador’s crypto plan

Some Bitcoin fans have leapt on El Salvador's move as a step towards much broader acceptance. But the changes in Bitcoin’s market value since President Nayib Bukele announced his plan gives ...

Report: 90% of central banks are exploring their own digital currency

Approximately 9 out of 10 central banks worldwide are developing their own digital currency, according to a Bank for International Settlements survey conducted in January. Some of the central ...

Kremlin retracts statement on plans to remove U.S. dollar from circulation in Russia

The Russian Finance Ministry has retracted its statement on plans to transfer all of its foreign currency reserves from dollars to euros. The RIA Novosti report, quoting Dmitry Timofeev, director of ...

Karnataka cops fear deluge of counterfeit currency once unlocking begins

Given the dip in economic activity and its deleterious impact on vast sections of the population, fake currency rackets are expected to get more activ ...

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