Currency

Writing on new banknotes makes them invalid? Know what RBI guidelines say

The RBI Clean Note Policy was introduced by the central bank in 1999 with the goal of providing the populace with high-quality banknotes and coins while removing filthy notes from circulation

Croatia adopts the Euro: What changes for the Balkan nation?

On New Year, Croatia ditched its kuna currency to adopt the euro and entered Europe’s passport-free Schengen zone. Experts believe the move will protect the Adriatic nation’s economy amid soaring inflation in the wake of Russia's war with Ukraine

High Living: Which is the world's most expensive city?

According to an annual survey released, New York and Singapore are the world's most expensive cities after inflation soared this year. Prices increased by an average of 8.1 per cent in the 172 major cities surveyed by the Economist Intelligence Unit between August and September

Want to exchange damaged notes for fresh ones? Check RBI rules and regulations here

The RBI offers a facility for exchanging damaged notes called a Triple Lock Receptacle (TLR) cover.

Explained: Will the Bank of Japan break tradition and raise interest rates?

Even as the Federal Reserve and the world’s other central banks raise interest rates to try to curb inflation, the Bank of Japan has stood firm, keeping its key interest rate at minus 0.1 per cent even as the yen sinks to three-decade lows against the dollar

Explained: How a weak pound affects UK's fight against climate change

The UK government's aim to achieve net zero by 2050 requires substantial public and private investment in energy technologies. However, the loss in investor confidence threatens to derail these investments

The pound has fallen to an all-time low: What does it mean for Britain's finances?

The pound has tumbled more than five per cent since the government outlined its economic plans, dropping as low as $1.0373 early Monday, before bouncing back to above $1.06

Not So Sterling: The many crashes in the long history of the British pound

The British pound has fallen to a record low against the dollar, surging fears about a long-lasting UK recession

Explained: How the rising US dollar can affect everyone

The dollar is near its highest level in more than two decades against major currencies, including the euro and Japanese yen. Many professional investors don't expect it to ease off anytime soon

India extends additional $500 million credit line to help Sri Lanka purchase fuel

Sri Lanka has been struggling to pay for imports after its foreign exchange reserves plummeted sharply in recent times, causing a devaluation of its currency and spiraling inflation