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SHIRSENDU KARMAKAR
Rupee most stable Asian currency in FY24 after Singapore, Hong Kong Record inflows keep bond, currency market steady Record foreign portfolio inflows in 2023-24 helped the rupee and bond to remain stable amid global uncertainties. Domestic markets received foreign inflows of Rs 3.23 trillion in the financial year FY24, as against an outflow of Rs 45,365 crore in FY23. The domestic economic conditions remained favorable with the headline inflation largely remaining within the RBI’s comfort zone of 2-6 per cent. (Between April 2023 and February 2024 CPI inflation was above 6 per cent only on two occasions). Due to this, the monetary policy committee did not hike the repo rate further, which remained unchanged at 6.50 per cent in FY24. Rupee was the third most stable Asian currency against the US Dollar in the financial year 2023-2024 after Hong Kong Dollar and Singapore Dollar primarily due to timely intervention by the RBI. ©SHIRSENDU KARMAKAR #Rupee
Rahul kumar
Rupee Hub customer care number 6205665561 Rupee Hub customer care number 6205665561 Rupee Hub customer care number 6205665561 Rupee Hub customer care number 6205665561
Rupee Hub customer care number 6205665561 Rupee Hub customer care number 6205665561 Rupee Hub customer care number 6205665561
read moreNitesh
विकास तो साफ दिखता है पहले सब 10 पैसे की बीड़ी लेकर शौचालय जाते थे अब 20 हजार का मोबाइल ©Nitesh 10 se 10000 rupee
10 se 10000 rupee
read moreJita Sahu
'Paper' sounds nothing. But what if it bears the print of 50 rupees. Still it may be nothing for some. For some others, it is perhaps everything, a media to get food or reach home. Something happened today while travelling by bus which made me think a little. A girl, of about 15 years, got a seat after standing around 20 minutes. Conductor came to collect the ticket. The girl handed over a 50 rupee note to the conductor. It was returned to her showing the torn part and joined with a transparent tape. "Conductor of the other bus gave it to me" said the girl in a smooth voice. "Cannot you see while receiving." the rude voice of the conductor I heard. "But I have a change of 10 rupee note only and I have to pay 40 rupees." "It is not my fault. Get down immediately" a more harsh voice it was. Till then the eyes of the girl was full with tears. Thank to the gentle man sitting beside her who handed over 40 rupees before further any argument starts. Here perhaps 50 rupees values a lot for both the girl and the man who has mastered in surgery of the note. But how much right it is in mastering doing this type of surgery!! A 50 rupee story....
A 50 rupee story....
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