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| US dollar share of global currency reserves hits 4-year low: IMF "Reserve managers in Q4 liked (yen) and 'other currencies,"' Steven Englander, head of research and strategy with Rafiki Capital Management, wrote in a research note. "The limited (U.S. dollar) buying is not surprising. Reserve managers buy (U.S. dollar) when they have to -- they rarely want to buy."
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| Banned Indian banknotes: NRB official hopes Oli visit resolves issue Sources here with knowledge about demonetised Indian currency say the probability of prioritising the issue of exchanging invalid Indian currency ... in a speech broadcast on national television, Prime Minister Narendra Modi-led Indian government demonetised IRs500 and IRs1,000 currency notes.
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