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Currency: Rupee stable against dollar KARACHI: The rupee remained stable against the dollar at Rs115.2/115.4 in the inter-bank market on Wednesday compared with Tuesday's close of Rs115.2/115.4. Since December, the rupee has cumulatively shed close to 9% of its value after the central bank reportedly abstained from intervening in ...
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India shuts down Bitcoins, other virtual currencies, prohibits any dealing with banks "In view of the associated risks, it has been decided that, with immediate effect, entities regulated by RBI shall not deal with or provide services to any individual or business entities dealing with or settling VCs (virtual currencies)," the RBI said in a statement. "Regulated entities which already provide such ...
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Currency movements helped US and Latam investors in 2017 Investors in the US and Latin America outperformed their peers in Europe in 2017, thanks to a higher allocation to US and global equities, along with a weaker dollar, according to the recent Global Portfolio Barometer report from Natixis Investment Managers. The dollar suffered heavy losses against ...
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