Thu, Jun 13, 2019
The new design bank notes are distinctly different from the earlier bank notes in color, size and theme. The theme of the new series notes is India’s heritage sites and achievements.
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Mon, Jan 21, 2019
The Nepal Rastra Bank (NRB) on Sunday issued a circular for the institutions licensed by it notifying them about the ban, reports Xinhua news agency.
Sun, Dec 30, 2018
In June, 2018 the Reserve Bank had announced that it will explore the feasibility of developing a suitable device or mechanism for aiding the visually impaired in the identification of Indian banknotes.
Fri, Dec 14, 2018
Kathmandu Post quotes the government spokesperson, Gokul Banskota, as saying, “The government has decided to publish a notice not to use, carry and keep the Indian bills of 200, 500 and 2000 denominations.”
Mon, Sep 10, 2018
Fake banknotes in bank ATMs are a clear and present danger especially with the latest upgradation and old notes still circulating, it creates high chances of account holders being duped.
Thu, Aug 30, 2018
The introduction of the new Rs 500 and Rs 2000 currency notes has failed to check counterfeiting. There was a sharp rise in the counterfeits of the new denominated currency notes of Rs 500 and Rs 2,000, according to the latest figures put out by Reserve Bank of India (RBI) in its annual report for 2017-18.
Fri, Aug 10, 2018
India`s battered rupee will trade in a tight range in the coming year but not far from its historic low, hampered by higher oil prices and as trade tensions hurt emerging markets, a Reuters poll found.
Sat, Jul 28, 2018
With the latest upgradation and still circulation of existing old notes, this creates high chance of fake notes.
Wed, May 09, 2018
Reserve Bank of India (RBI) on Tuesday intervened in the forex market to cap the falling rupee, which helped the currency recover from a 15-month low to close five paise higher at Rs 67.08 to the dollar.
Wed, Oct 04, 2017
Rs 100 may be soon distributed in India in two formats both banknotes and coin pattern. RBI so far has revamped four bank notes in a move to eliminate fake currency.
Tue, May 02, 2017
Rudra Sensarma, professor of economics, IIM Kozhikode said, “Since most exporters use short term forward contracts to hedge their forex exposures, they would be unfazed by the strengthening rupee unless it significantly drops below the 65-68 range it has been maintaining for more than a year."
Sun, Apr 02, 2017
After demonetisation failed to stop counterfeiting of Indian currency, the government now plans to change the security features every 3-4 years.
Mon, Mar 27, 2017
The Indian government`s November 8 move to demonetise Rs 500 and 1,000 bank notes has caused inconvenience to many Nepalis, especially daily-wage earners and labourers working in India.
Mon, Jan 02, 2017
Meanwhile, the benchmark BSE Sensex fell 132.37 points, or 0.50%, to 26,494.09 in early trade.
Sat, Nov 26, 2016
Foreign citizens can exchange foreign currency for Indian notes up to a limit of Rs 5,000 per week till December 15, the Reserve Bank of India (RBI) said on Friday.
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