Browsing Tag
reserve bank of india
9 posts
India Targets US Dollar, Limits Banks From Betting Against Rupee
The Reserve Bank of India (RBI) stepped in to protect the rupee against the rising US dollar. The…
India Skips Dollar Purchases For the First Time in a Decade
The Reserve Bank of India (RBI) skipped purchasing the US dollar in July this year for the first…
India Reduces US Treasuries by $8 Billion, Doubles Down on Gold
The Reserve Bank of India (RBI) has reduced its purchases of US Treasuries by over $8 billion in…
Reserve Bank of India Governor Calls for an Outright Crypto Ban
India has always had a not-so-friendly approach toward cryptocurrencies. Even when the rest of the world was embracing…
India to Begin Wholesale CBDC Pilot on November 1
India has been cooking up its CBDC plans for a long time. The country has a love-hate relationship…
Reserve Bank of India Says That Crypto Doesn’t Have an Intrinsic Value
As India is still in a confused stance on what regulations to frame for crypto, the Reserve Bank…
CBDCs Might Be Cryptocurrency’s End, Says Reserve Bank of India Deputy Governor
Reserve Bank of India governor T Rabi Sankar says that Central Bank Digital Currencies (CBDC) could kill cryptocurrencies.…
No Crypto Ban in India: Digital assets to be regulated under SEBI
India and its group of crypto investors are finally receiving regulation clarity on digital assets. According to reports,…
Former Reserve Bank of India Governor Compares Cryptocurrency to ‘Chit Funds’, Says Majority of Coins Will Not Survive
Raghuram Rajan, the former Governor of the Reserve Bank of India (RBI) compared cryptocurrencies to Chit Funds. During…