Page-3 of Rupee Current Affairs, GK & News
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 residents and foreign portfolio investors (FPIs) to $100 million across all currency pairs involving the Indian rupee. The RBI’s decision to raise the limit will help entities engaged in forex transactions to maintain their currency risks in ..
On 1st January 2018, the Assamese and Manipuri language versions of Prime Minister Narendra Modi’s Official website (www.pmindia.gov.in) were launched. The website can now be accessed in Assamese and Manipuri in keeping with the requests from the citizens of the two states. With this launch, the PM INDIA website is available in 13 regional languages ..
The Reserve Bank of India has announced that it will issue Rs 50 denomination banknotes in the Mahatma Gandhi Series-2005. The new notes will have inset letter ‘L’, ‘R’ in both the number panels with the signature of Dr Urjit R.Patel. The year of printing ‘2016’ will be printed on the reverse of the banknote. ..
‘Policy Paralysis’ is the new exhortation echoing in the news media. According to news search conducted via Factiva, the catchphrase hit over 590 mentions in June 2012. The references soared as the rupee plunged to a record low of 57.32 against the dollar on June 22, 2012
Month: Current Affairs - July, 2012
As per RBI governor D Subbarao, despite high fiscal and current account deficit it is highly improbable that India could witness the replication of the 1991 economic crisis that was caused by similar reasons. As per him factors like floating exchange rate, robust and sophisticated financial markets and a stronger economy are preventing the country ..
Month: Current Affairs - June, 2012
Topics: Currency • Currency appreciation and depreciation • Economy • Exchange rate • Floating exchange rate • Foreign exchange market • International macroeconomics • Macroeconomics • Monetary Policy • Money • Rates • Rupee