Last week, RBI announced a plan to make the rupee international. 𝙒𝙝𝙖𝙩 𝙙𝙤𝙚𝙨 𝙩𝙝𝙖𝙩 𝙢𝙚𝙖𝙣? It means from now onwards rupee will be used for international trade settlements. 𝙒𝙝𝙮 𝙍𝘽𝙄 𝙙𝙤𝙣’𝙩 𝙙𝙤 𝙩𝙝𝙞𝙨 𝙗𝙚𝙛𝙤𝙧𝙚? As we all know the major trading currency in the world is Dollar as it is the de-facto currency for trade.Continue reading “Step toward making Indian Currency international”
Tag Archives: money
Money Laundering Process.
FATF ( Financial action task force) mainly classified Money laundering in 3 stages. 1. Placement – Placement is a process of injecting illegal money into the financial System means putting money into commercial banks, investment banks, stock markets, etc. Placement can be done through various means like:- • Blending Of Funds – Blend or combineContinue reading “Money Laundering Process.”
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