Cash In Circulation
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Hamas Struggles To Pay Fighters As War With Israel Drains Out Cash
Experts estimate around $3 billion in cash may still circulate in Gaza, but getting access to it has become nearly impossible.
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Binance and Circle Partner in Bid to Boost USDC Stabecoin Adoption
Binance and Circle have partnered in an attempt to boost stablecoin adoption globally. As for Circle, its USDC stablecoin pegged against the US dollar could see adoption among Binance’s significant user base of over 200 million users.
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King Charles Currency Enter Circulation For First Time Since Coronation
British banknotes bearing the image of King Charles III entered circulation for the first time on Wednesday, nearly two years after he succeeded his mother Queen Elizabeth II.
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RBI Governor Says Permanent Deletion of Transactions Would Make CBDCs Like Cash Notes
RBI governor Shaktikanta Das disclosed some more intricacies about the eRupee. Speaking at the BIS Innovation Summit 2024, in Basel, Switzerland, Das has said that India’s CBDC would offer the same privacy for transactions that cash notes offer.
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Move To Withdraw Rs 2,000 Notes Affects Only 11% Currency In Circulation
The Reserve Bank of India is withdrawing the highest-value currency note just months before an election, when cash in circulation typically surges.
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Cash Circulation In Public Nearly Doubled In 6 Years Since Notes Ban
Six years after the shock move to ban 86 per cent of the currency in circulation, cash is still the king with official data showing close to doubling of cash with the public.
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Demonetisation Failed To Meet Objectives: Congress's Adhir Ranjan Choudhary
Congress leader Adhir Ranjan Chowdhury today criticised the government's November 2016 decision to demonetise high-value currency notes, claiming the move did not meet the desired goals as cash in circulation and fake currency have gone up.
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RuPay Credit Cards Will Be Linked to UPI Platform in a Few Months: NPCI MD
National Payments Corporation of India (NPCI) Managing Director and Chief Executive Officer Dilip Asbe said that in the next couple of months, RuPay credit cards will be linked to the UPI platform. He also mentioned that currency in circulation will reduce only when a third of the population starts using digital payment alternatives.
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Five Years Since Demonetisation, Value Of Cash In Circulation Up 64%
The value and volume of bank notes in circulation had increased by 16.8 per cent and 7.2 per cent, respectively, during 2020-21
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Rise In India's Money Supply Signals Pandemic-Related Uncertainty: Analysts
People are hoarding cash in accessible deposits to safeguard themselves against salary cuts or job losses.
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Love Of Cash Hinders India's Move To Digital Economy
For many citizens living in rural areas, cash is still the bedrock of daily existence because of a lack of facilities.
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Cash Deeply Embedded In Payment Systems In India: RBI
Demonetisation and an active growth in GDP brought down the active cash in circulation as a percentage of GDP to 8.7 per cent in 2016.
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Demonetisation PM's Whim, Done To Whitewash Black Money: Sitaram Yechury
CPI(M) general secretary Sitaram Yechury today said demonetisation was done to "whitewash" black money, amid reports that the current cash in circulation has jumped by more than 19 per cent from the pre-note ban days.
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"The Day Money Vanished": Foreign Media On 2 Years Of Demonetisation
In the United States, Nov. 8, 2016 is remembered as the day Donald Trump was elected president. In India, it is the day that cash disappeared. Exactly two years ago, India embarked on one of the boldest economic policy moves the world has seen in decades: the government abruptly invalidated the two most popular bank notes in circulation in what Pri...
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After PM's Shock Notes Ban, Indians Revert To Old Habit Of Hoarding Cash
Currency withdrawals in the January-March quarter stood at Rs 1.4 lakh crore, about 27 per cent more than in same quarter of 2016.
-
Hamas Struggles To Pay Fighters As War With Israel Drains Out Cash
Experts estimate around $3 billion in cash may still circulate in Gaza, but getting access to it has become nearly impossible.
-
Binance and Circle Partner in Bid to Boost USDC Stabecoin Adoption
Binance and Circle have partnered in an attempt to boost stablecoin adoption globally. As for Circle, its USDC stablecoin pegged against the US dollar could see adoption among Binance’s significant user base of over 200 million users.
-
King Charles Currency Enter Circulation For First Time Since Coronation
British banknotes bearing the image of King Charles III entered circulation for the first time on Wednesday, nearly two years after he succeeded his mother Queen Elizabeth II.
-
RBI Governor Says Permanent Deletion of Transactions Would Make CBDCs Like Cash Notes
RBI governor Shaktikanta Das disclosed some more intricacies about the eRupee. Speaking at the BIS Innovation Summit 2024, in Basel, Switzerland, Das has said that India’s CBDC would offer the same privacy for transactions that cash notes offer.
-
Move To Withdraw Rs 2,000 Notes Affects Only 11% Currency In Circulation
The Reserve Bank of India is withdrawing the highest-value currency note just months before an election, when cash in circulation typically surges.
-
Cash Circulation In Public Nearly Doubled In 6 Years Since Notes Ban
Six years after the shock move to ban 86 per cent of the currency in circulation, cash is still the king with official data showing close to doubling of cash with the public.
-
Demonetisation Failed To Meet Objectives: Congress's Adhir Ranjan Choudhary
Congress leader Adhir Ranjan Chowdhury today criticised the government's November 2016 decision to demonetise high-value currency notes, claiming the move did not meet the desired goals as cash in circulation and fake currency have gone up.
-
RuPay Credit Cards Will Be Linked to UPI Platform in a Few Months: NPCI MD
National Payments Corporation of India (NPCI) Managing Director and Chief Executive Officer Dilip Asbe said that in the next couple of months, RuPay credit cards will be linked to the UPI platform. He also mentioned that currency in circulation will reduce only when a third of the population starts using digital payment alternatives.
-
Five Years Since Demonetisation, Value Of Cash In Circulation Up 64%
The value and volume of bank notes in circulation had increased by 16.8 per cent and 7.2 per cent, respectively, during 2020-21
-
Rise In India's Money Supply Signals Pandemic-Related Uncertainty: Analysts
People are hoarding cash in accessible deposits to safeguard themselves against salary cuts or job losses.
-
Love Of Cash Hinders India's Move To Digital Economy
For many citizens living in rural areas, cash is still the bedrock of daily existence because of a lack of facilities.
-
Cash Deeply Embedded In Payment Systems In India: RBI
Demonetisation and an active growth in GDP brought down the active cash in circulation as a percentage of GDP to 8.7 per cent in 2016.
-
Demonetisation PM's Whim, Done To Whitewash Black Money: Sitaram Yechury
CPI(M) general secretary Sitaram Yechury today said demonetisation was done to "whitewash" black money, amid reports that the current cash in circulation has jumped by more than 19 per cent from the pre-note ban days.
-
"The Day Money Vanished": Foreign Media On 2 Years Of Demonetisation
In the United States, Nov. 8, 2016 is remembered as the day Donald Trump was elected president. In India, it is the day that cash disappeared. Exactly two years ago, India embarked on one of the boldest economic policy moves the world has seen in decades: the government abruptly invalidated the two most popular bank notes in circulation in what Pri...
-
After PM's Shock Notes Ban, Indians Revert To Old Habit Of Hoarding Cash
Currency withdrawals in the January-March quarter stood at Rs 1.4 lakh crore, about 27 per cent more than in same quarter of 2016.
