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Currency hoarding on despite govt, RBI assurance The currency in circulation has risen by 33 per cent year-on-year to Rs 18.9 lakh crore as of April 20, higher than the pre-demonetisation level. But as a percentage of GDP, it remains lower prompting economists to suggest that circulation should be ramped up. On November 8, 2016, currency notes of ...
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SWAPX Launches a Travel Money Card That Lets Consumers 'Swap and Spend' in Local Currencies SWAPX has the aim of making travel money free by creating their own exchange – fuelled with currency which is swapped online and on mobile, peer-to-peer, from one traveller to another. The travel card allows customers to send money to other SWAPX cardholders through one app, making the funds ...
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