Rupee Extends Losses, Hits Fresh 13-Month Low

Gold Silver Reports (GSR) – Rupee Extends Losses, Hits Fresh 13-Month Low – Rupee extended decline against the U.S. dollar to hit fresh 13-month low. The local unit fell as much as 38 paise or 0.58 percent to 66.77 per U.S. dollar.             

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Rupee Expected To Open Lower Around 66.15 Per Dollar

Gold Silver Reports (GSR) – Rupee Expected To Open Lower Around 66.15 Per Dollar — India government bonds were supported on Friday by a category of investors classified as “others” which bought a record amount of debt. Now other categories include the central bank itself and also insurance companies.       

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Did Demonetisation Change India’s Cash Habits?

Did Demonetisation Change India’s Cash Habits?

Gold Silver Reports (GSR) – Did Demonetisation Change India’s Cash Habits? — Currency in circulation stood at Rs 18.4 lakh crore as on April 6, 2018. In absolute terms, this is above the Rs 17.98 lakh crore in currency that existed before demonetisation.

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