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| Currency in economy comes to level of 92pc of circulation prior to demonetisation Currency in economy comes to level of 92pc of circulation prior to demonetisation. New Delhi, Dec 9 (UNI) The currency in circulation has come to the level of Rs 16. 60 trillion, which is 92 per cent of the currency in circulation prior to demonetization. According to State Bank of India (SBI) Ecowrap, the ...
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| Bangladesh to expedite introduction of digital currency An inter-operative platform comprising of the central bank as well as other public private bodies will be formed by June next year with a view to expediting the penetration of digital currency in Bangladesh, said Bangladesh Bank Deputy Governor SK Sur Chowdhury. Before introducing digital currencies, ...
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| Directorate of Revenue Intelligence recovers about Rs 50 crores of demonetised currency in Gujarat BHARUCH, GUJARAT: The Directorate of Revenue Intelligence (DRI) on Saturday recovered demonetised currency of Rs 48.91 crores in 500 and 1000 denominations from Gujarat's Bharuch district. The DRI recovered this amount after they conducted sleuth in an office premise in Bharuch, named M/S ...
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| Foreign exchange reserves jump by $1.2 bn to $401.94 bn on increase in foreign currency assets Mumbai: India's foreign exchange reserves increased by $1.2 billion to touch $401.942 billion in the week to 1 December, according to the RBI data. The surge in reserves was aided by an increase in foreign currency assets, a major component of the overall reserves. The reserves once again crossed ...
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| Pak to depreciate currency after talks with IMF The State Bank of Pakistan (SBP) would now let the currency exchange rate to adjust to market conditions after many months, rather years, of resisting expectations, the newspaper reported, citing the senior officials as saying. The authorities believed the currency adjustment would help shift foreign ...
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| 'DON'T invest in Bitcoin' warns Indian central bank despite surge in cryptocurrency value Despite the advice retail investors in the country are rapidly putting their money into Bitcoin, with demand for the currency in India so high it costs 20 per cent more than international prices. There are at least 11 Bitcoin trading platforms in the country with around 30,000 customers around the world ...
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| Gold, currency gain more value in Iranian markets On Saturday both gold and foreign currencies experienced new gain in value. The Bahar Azadi gold coin gained 390,000 rials to stand at 14,370,000 rials. Also, the US dollar went up 200 rials to stand at 42,100 rials, despite official statements earlier that prices were to cease going up. "The reason for ...
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| Coinbase Sends Customers Notice of Exchange Delays, Cautions on Risks of Cryptocurrency ... "We also wanted to remind customers of some of the risks associated with trading digital currency. Digital currencies are volatile and the prices can go up and down. Due to the rapidly changing price of digital currencies, some customers may not have sell limits that are sufficient relative to the value of ...
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| Bitcoin fairy dust sends other niche assets soaring The bitcoin mania is spilling over into semi-related, niche areas of the broader financial markets, where a clutch of cryptocurrency funds, blockchain companies and digital currency groups have rocketed in value. The relentless rise of bitcoin and other digital currencies this year has been much-mocked ...
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| The Coinbase founder sent a warning to bitcoin investors: 'Please invest responsibly' ... on Friday when Coinbase, arguably the best-known bitcoin broker on the market, sent a warning message to investors: "Please invest responsibly." "We also wanted to remind customers of some of the risks associated with trading digital currency," Coinbase CEO Brian Armstrong wrote in a blog post.
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