The Reserve Bank of India is reviewing a proposal to introduce polymer, or plastic, currency notes in the country. However, no final decision has been taken yet. RBI Governor Sanjay Malhotra said the idea is still at a preliminary stage and the central bank is currently studying whether such notes would be suitable for India. According to him, the proposal is under consideration, and the public will be informed whenever a decision is made. RBI Studying B
The Reserve Bank of India is reviewing a proposal to introduce polymer, or plastic, currency notes in the country. However, no final decision has been taken yet. RBI Governor Sanjay Malhotra said the idea is still at a preliminary stage and the central bank is currently studying whether such notes would be suitable for India. According to him, the proposal is under consideration, and the public will be informed whenever a decision is made. RBI Studying B
Proposal Raises Currency Debate President Donald Trump could appear on a proposed new $250 bill if Congress approves legislation that would change current restrictions on US currency. The proposal has drawn attention because federal law currently bars living people from appearing on American paper money. If approved, the measure would allow Trump to be featured on a commemorative bill connected to the 250th
Proposal Raises Currency Debate President Donald Trump could appear on a proposed new $250 bill if Congress approves legislation that would change current restrictions on US currency. The proposal has drawn attention because federal law currently bars living people from appearing on American paper money. If approved, the measure would allow Trump to be featured on a commemorative bill connected to the 250th
Bolivian authorities are working urgently to recover and destroy millions of banknotes that were scattered across the city of El Alto after a deadly cargo plane crash near El Alto International Airport on Friday afternoon. The accident killed at least 22 people and left around 37 others injured, with many victims struck as the aircraft went down in a densely populated area close to the airport. The military cargo plane was transporting newly printed currency intended for the country’s cent
Bolivian authorities are working urgently to recover and destroy millions of banknotes that were scattered across the city of El Alto after a deadly cargo plane crash near El Alto International Airport on Friday afternoon. The accident killed at least 22 people and left around 37 others injured, with many victims struck as the aircraft went down in a densely populated area close to the airport. The military cargo plane was transporting newly printed currency intended for the country’s cent
US President Donald Trump has reignited debate over the influence of the BRICS bloc, claiming that the group represents “an attack on the dollar” and warning that countries joining it could face tariffs from the United States. Trump made the remarks during a bilateral lunch with Argentine President Javier Milei at the White House, reiterating his stance on protecting the dominance of the US dollar in global trade. Speaking to reporters, Trump asserted that the United States woul
US President Donald Trump has reignited debate over the influence of the BRICS bloc, claiming that the group represents “an attack on the dollar” and warning that countries joining it could face tariffs from the United States. Trump made the remarks during a bilateral lunch with Argentine President Javier Milei at the White House, reiterating his stance on protecting the dominance of the US dollar in global trade. Speaking to reporters, Trump asserted that the United States woul
The Indian rupee opened at 84.39 against the US dollar on Wednesday, weakening by 5 paise from its previous close of 84.34. This follows a series of declines, with the rupee slipping by six paise on Tuesday. While the rupee had shown a slight recovery on Monday, gaining 17 paise, the currency continues to face downward pressure due to persistent demand for the US dollar and global uncertainties. Analysts had predicted a weaker outlook for the rupee, especially after a brief period o
The Indian rupee opened at 84.39 against the US dollar on Wednesday, weakening by 5 paise from its previous close of 84.34. This follows a series of declines, with the rupee slipping by six paise on Tuesday. While the rupee had shown a slight recovery on Monday, gaining 17 paise, the currency continues to face downward pressure due to persistent demand for the US dollar and global uncertainties. Analysts had predicted a weaker outlook for the rupee, especially after a brief period o