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Rs 2,000 notes: 97.96% returned; Rs 7,261 crore worth notes still with public
The facility for the exchange of the Rs 2000 banknotes has been available at the 19 issue offices o…
PTI
2.1% of ₹2,000 banknotes, with value of ₹7,581 crore, still to be returned
About 2.1 per cent or Rs 7,581 crore of the withdrawn Rs 2,000 banknotes have not yet been returned…
ANI
RBI extends deadline to exchange, deposit Rs 2,000 notes till Oct 7
The Reserve Bank on Saturday extended the special drive to withdraw Rs 2,000 bank notes from the sy…
PTI
China signs yuan-denominated loans for Belt and Road Initiative, accelerating de-dollarization
Beijing's yuan lending spree comes after most of its prior Belt and Road Initiative loans were deno…
Aruni Soni
Egypt issues Chinese yuan-denominated panda bonds for the first time, getting lower rate than dollar-based debt
Egypt issued three-year panda bonds worth 3.5 billion yuan, or about $479 million, marking another …
Aruni Soni
India, UAE in talks for rupee-dirham denominated bilateral trade
India and UAE are in talks for a Rupee-Dirham-denominated bilateral trade.
ANI
Russia eyes sales of yuan-denominated bonds as local trading in China's currency soars
Ruble-yuan trading volumes have grown by 40 times in 2022. Russia plan to restart sales of local bo…
Brian Evans
Russia's largest oil producer completes its very first yuan-denominated bond sale as Moscow leans further toward China's currency
Russia and China have moved closer since the invasion of Ukraine.
Brian Evans
Russia is preparing to make payments on a $2 billion dollar-denominated bond due next week after narrowly avoiding default
Russia is also prepping for a payment tied to bonds due in 2042. Moscow made $117 million in bond i…
Carla Mozée
Help for the visually impaired: How to use MANI to identify denomination of currency notes
The MANI app has some pre-defined vibration alerts to help users identify currency denominatio…
China is binging on dollar-denominated debt
Borrowing in foreign currencies increases the default risks. When the dollar rises against the curr…
Wolf Richter
RBI won’t introduce new denomination notes, to focus on cashless transactions
“Banks cannot escape from the responsibility of controlling NPAs in their balance sheets,” he said.…
You can exchange old denominations of Rs 500 and Rs 1000 worth Rs 4000 only once
The limit of Rs 4000 per person is at one time exchange allowed till this decision is reviewed 15 d…
Foreign Demand For Dollar-Denominated Investments Has Collapsed
Flows, flows, flows. It is the combination of the Fed printing money and slowing domestic US growth…
Sam Ro
Russia can rely on China for the yuan, but China can't rely on anyone else
China faces many limitations to de-dollarization and just can't copy Russia's sanctions-proofing pl…
Huileng Tan
Stocks tied to Russia rally as Trump's win fuels hopes for an end to the Ukraine war
Ukraine bonds have also rallied this week as investors grow hopeful that president-elect Donald Tru…
Kelly Cloonan
Ukraine bonds rally on Trump's victory amid his pledges to end the war
Trump said during his campaign that he would try to end the war in Ukraine. "I will get it settled …
Kelly Cloonan
Russia's central bank and lenders tell each other to resolve the country's yuan supply squeeze
Russian banks are urging Russia's central bank to increase yuan liquidity through swaps. The centra…
Huileng Tan
AI chatbots are the new priests
I went to confession with an Episcopalian chatbot. It wasn't very helpful.
John Brandon
The national debt crisis is set to worsen no matter who wins the election — here's what you can do to protect your portfolio
Don't expect politicians to address the issue of soaring national debt anytime soon. For investors,…