Despite slow and steady global de-dollarization, the Chinese yuan has little chance of dethroning the US dollar. It makes sense for China to want its yuan, or a collective of other currencies, to break up the dominance of the dollar, according to a note by GlobalData TS Lombard’s Skylar Montgomery. Montgomery says the dollar’s reserve

Have you ever thought about which are the Strongest currencies in the world? No? You all must be thinking that it is the British Pound (GBP) or U.S Dollar (USD). Well, think again about this, you must be wrong. 180 Currencies are recognized by the United Nations used in 195 Countries in all over the

The Reserve Bank of India (RBI) said on Thursday that half of India’s ₹2000 bank notes are now in banks. In contrast to the demonetisation of 500 and 1,000 notes earlier, these banknotes remain legal tender until September 30, even though they were removed by the RBI on May 19. As of March 31, there

Gold imports may have fallen due to higher prices, however a look at the Reserve Bank- RBI of India’s annual report indicates that their gold holdings had risen in the financial year ending 31 March 2023. Imports dropped 24.2% to 35 tonnes, while their total holdings were 794.63 metric tonnes compared to 760.42 metric tonnes

LocalCircles surveyed people who said they find it difficult to spend the biggest denomination of cash, despite many reports that petrol pumps, jewellery stores, and even e-commerce delivery people are being flooded with 2000 notes. According to the central bank of India, this note will cease to be circulated, but it will remain legal tender

Experts say that the central bank’s move to withdrawal ₹2000 notes from circulation will benefit banks by encouraging deposit growth and improving liquidity in the system. Earlier on Friday, the Reserve Bank of India announced it would withdrawal or remove ₹2000 bank notes from circulation and offered people four months to exchange or deposit them.

Last week, the Reserve Bank of India (RBI) announced that it would withdraw ₹2000 notes from circulation. Apart from the 2016 demonetisation, the RBI has provided ample time for citizens to exchange their notes. Social media platforms and messaging applications are generating a lot of misinformation about the withdrawal of the notes. In this article,

In Indian culture, one of the most revered and sought-after metals has, and remains, gold. Whether it is a festival, a wedding, or even a birth, no event in India is said to be complete without the use of gold. Given its ever-increasing value, most Indians also tend to view gold as a long-term investment,

Are you thinking about buying silver bars? The beauty of silver, though, is that it’s often presented in an equally beautiful form — like the silver bars many investors like to buy and stack in their safety deposit boxes. Silver bars are one of the best ways to grow your investment substantially. Though gold is

Any trader worth their salt knows that to be successful in the forex market, they need to have solid trading tips or strategies. Foreign exchange trading is a popular way to invest and grow your money, but with so many factors to consider – from global economic conditions to political instability – how can you