Commodity DNA | Currency

Currency

By Ibrahim Patel
Dec 30, 2022

MULTIPLE FAILURES TO CROSS THE RS. 83 HURDLES USD/INR BEARS HOPEFUL

*Instead of stocking cash for payments Indians would be able to use DRs to square accounts *Henceforth individuals do not need to draw cash go physically to their banks or to AT ....

Currency

By Ibrahim Patel
Oct 10, 2022

RBI CAN’T ARREST RUPEE'S SLUMP AT THE FOREX COST

*5% depreciation in the rupee could push inflation higher by roughly 20 basis points *If INR depreciates very rapidly it will lead to the import of inflationary pressures from a ....

Currency

By Ibrahim Patel
Jul 24, 2022

WHY HAS THE US DOLLAR BEEN SO STRONG THIS YEAR?

*Fed’s most aggressive monetary tightening policy among major central banks in the world *By one measure rupee is still overvalued: greenback will begin to drop by the end of ....

Currency

By Ibrahim Patel
Sep 03, 2021

ELECTRONIC MONEY: NEW TOOLS FOR MONITORING THE ECONOMY AND BLACK MONEY

*Digital Yuan to be act as global currency 'anchor' *RBI might launch its first digital currency trail programmed by December 2021 The Chinese central bank and the Reserve ....

Currency

By Ibrahim Patel
Apr 09, 2021

CHINA'S DIGITAL CURRENCY WILL REPLACE THE YUAN IN ITS PHYSICAL FORM

*US dollar’s status as the global reserve currency under threat *More than 60 countries including India trying to introduce their own digital currency *China plans to expan ....