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India abolishes some currency notesIndia today abolished the Rs500 and Rs1,000 currency notes currently in circulation and announced plans to release new notes in a fight against corruption. Prime Minister Narendra Modi in an address to the nation said the ban will More… |
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Yen under pressureThe yen edged up from a 4-1/2-year low against the dollar and all-time trough versus the euro, but stayed pressured as investors kept selling the low-yielding currency in carry trades. The New Zealand dollar recovered all of its losses suf More… |
