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Winvesta launches multi-currency accounts for investors
The multi-currency account enables you to transact in over 30 currencies, including US Dollar, British Pound, and Euro
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Foreign exchange reserves up $99.2 bn in FY 2020-21: RBI
The valuation gain, reflecting the depreciation of the US dollar against major currencies, amounted to $11.9 billion during 2020-21
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Currency printing: The new versus the old macro?
We must embrace the new macro and use these tools in a prudent manner to accelerate the pace of growth and help restore our macroeconomic fundamentals
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Minting money is expensive business
The prerogative of printing currency rests with RBI and the central bank should resist the temptation of taking the easy route
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Gold investment: After a good run in May, where is gold headed?
Experts believe that gold has good legs remaining and could cross the Rs 50,000 mark and move much higher in the coming months
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Exim Bank FY21 net profit jumps to Rs 254 crore as NPAs drop
Exim Bank is "cautiously optimistic" about growth in FY22, and is aspiring to grow its book by 7-12% on a currency neutral perspective
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Gold prices: Will yellow metal regain its 2020 glory and should you buy?
Experts feel the yellow metal will remain muted for the coming months but the long term picture remains bright
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Rupee plunges to near 5-month low of 74.58 against US dollar
Logging its fourth straight session loss, the domestic currency settled at 74.58 to the US dollar – the lowest level for the rupee since November 13
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US bond yields, Covid-19 cases, FII inflows among key factors that may decide market trend next week
The Dollar Index, which measures the U.S. currency against a basket of six peers, will also be closely watched
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RBI remains net purchaser of US dollar in January, buys $2.854 billion
In the reporting month, RBI purchased $18.225 billion and sold $15.371 billion in the spot market, the central bank said in its monthly bulletin for M
