Current Affairs

GK MCQs Section

Foreign exchange market

Usha Thorat heads RBI task force on Offshore Rupee Markets

The RBI task force on Offshore Rupee Markets (ORM), headed by Usha Thorat, has suggested liberal currency market...

📅 August 9, 2019

US labels China a Currency Manipulator

The US has declared that China as a currency manipulator. The move could further fuel the ongoing trade...

📅 August 7, 2019

United States designates China as currency manipulator

The United States has designated China a “currency manipulator”, following the devaluation of the Yuan. The move could...

📅 August 6, 2019

Switzerland removed from US currency watchlist

The Trump administration has recently removed India and Switzerland from its currency monitoring list of major trading partners....

📅 May 30, 2019

RBI signs a $75 billion Bilateral Swap Arrangement (BSA) with Japan’s central Bank

The Reserve Bank of India (RBI) and Bank of Japan (BOJ) have signed a Bilateral Swap Arrangement (BSA)...

📅 March 4, 2019

Zimbabwe introduces its new currency ‘RTGS dollar’

Zimbabwe has recently introduced its new currency, dubbed as Real Time Gross Settlement (RTGS) dollar, after the Reserve...

📅 February 26, 2019

Marshall Islands to become world’s first country to issue digital legal tender “Sovereign”

The Republic of the Marshall Islands (RMI) will become the first sovereign nation to issue a cryptocurrency that...

📅 March 7, 2018

RBI raises currency derivative trade limit to how much amount for residents and foreign portfolio investors

The Reserve Bank of India (RBI) has raised exposure limit under Exchange Traded Currency Derivatives (ETCD) trading for...

📅 February 28, 2018

Renminbi, Rupee included in ADB’s TFP

Noticing the expanding influence of the economies of China and India among the Asian economies, the Asian Development...

📅 July 23, 2012

RBI extends flexibility on FX forward contracts

The RBI has extended the relaxation of cancelling and re-booking of forward contracts with tenures of more than...

📅 July 12, 2012

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