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05.06.26 - 14:06
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India′s forex reserves rise $938 million to $682.32 billion (Times of India)
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India's foreign exchange reserves rebounded by $938 million to $682.321 billion in the week ending May 28, reversing the previous week's decline. This rise was primarily driven by an increase in foreign currency assets, despite a dip in gold reserves. The overall reserves had previously fallen due to Middle East conflict-related interventions....
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05.06.26 - 12:24
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Will India finally get plastic banknotes? RBI′s polymer currency plan explained (Times of India)
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The Reserve Bank of India is considering introducing polymer currency notes, a move that could enhance durability and security. Governor Sanjay Malhotra stated the proposal is in its preliminary stages, with the central bank examining its advantages and disadvantages. This initiative aims to address the rapid deterioration of existing paper notes and combat fake currency circulation....
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