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The US and China have agreed to a 90-day truce in the trade war, following negotiations in Geneva. As part of the deal, the US will reduce tariffs on Chinese imports from 145% to 30%, and China will lower its duties on American goods from 125% to 10%. Markets have welcomed these developments, but key questions still remain about the implications for the economy and inflation. This uncertainty puts the Federal Reserve (Fed) in a tough spot, and we await more clarity on the Fed's direction from Fed Chair Jerome Powell's comments on 15 May. In Asia, the India–Pakistan conflict has calmed following a US-mediated ceasefire. We note that historically markets have typically recovered within a month of previous India-Pakistan conflicts, and continue to monitor key indicators such as the Indian Rupee and Foreign Institutional Investor (FII) flows, as well as geopolitical developments. This episode is presented by Chintan Bhindora from the Julius Baer Research Asia team.
In this episode, Uzair talks to Ankur Bhardwaj about India's economic slowdown and its root causes. We also talked about what options the government has to stimulate growth through the budget, and the reasons why the Indian Rupee has been weakening in recent weeks. Finally, we touched on major structural reforms that are needed in India and whether the Modi-led BJP government can push them through. Ankur Bhardwaj is Web Editor at Business Standard. Chapters: 0:00 Introduction 1:30 Slowing growth in India 10:10 Navigating the budget cycle 14:50 Reform priorities 19:20 Promoting exports 23:30 Navigating the politics of reforms 26:50 Risks in the near-term
#cuttheclutter As the Indian Rupee touches its lowest (86/USD), ThePrint Editor-in-Chief Shekhar Gupta explains why its fall is a predictable economic trend and why 3.5% annual depreciation is not as alarming as headlines suggest. From the 1991 devaluation to today, he looks at global markets, and economic reforms that shaped the Indian Rupee.
Michael Wan, Senior Currency Analyst with MUFG Global Markets Research Asia, and Japinder Singh, Vice President Treasury Sales, MUFG India discuss key driving factors behind RBI monetary policy decision and INR in the context of US Elections and what that could mean for the Dollar and Fed policy. (Please see link to Disclaimer: Disclaimer - MUFG Research)
Asian markets mixed after Wall Street drop, Shanghai dips before briefing; South Korea's central bank cuts rates as slumping economy slows inflation; Economists expect MAS to hold currency band steady amid sticky prices; Indian Rupee falls to historic low amid investment outflows; Indonesia retailers cheer Temu ban as big win in battle to stem tide of cheap imported goods. Synopsis: Market Focus Daily is a closing bell roundup by The Business Times that looks at the day's market movements and news from Singapore and the region. Written and hosted by: Emily Liu (emilyliu@sph.com.sg) Recording engineer: Chai Pei Chieh Produced and edited by: Lee Kim Siang & Claressa Monteiro Produced by: BT Podcasts, The Business Times, SPH Media --- Follow Market Focus Daily and rate us on: Channel: bt.sg/btmktfocus Amazon: bt.sg/mfam Apple Podcasts: bt.sg/mfap Spotify: bt.sg/mfsp YouTube Music: bt.sg/mfyt Website: bt.sg/mktfocus Feedback to: btpodcasts@sph.com.sg Do note: This podcast is meant to provide general information only. SPH Media accepts no liability for loss arising from any reliance on the podcast or use of third party's products and services. Please consult professional advisors for independent advice. Discover more BT podcast series: BT Mark To Market at: bt.sg/btmark2mkt WealthBT at: bt.sg/btpropertybt PropertyBT at: bt.sg/btmktfocus BT Money Hacks at: bt.sg/btmoneyhacks BT Podcasts at: bt.sg/podcasts BT Branded Podcasts at: bt.sg/brpod BT Lens On: bt.sg/btlensonSee omnystudio.com/listener for privacy information.
PM Narendra Modi slams ‘American uncle' Sam Pitroda over skin colour remark, Chaos at airports as passengers protest after Air India Express cancels over 80 flights. Videos, April 2024 warmest since 1940; eleventh month in a row that is warmest: Report, Fitch sees Indian rupee rebounding to 82 per dollar on bond inflows, Alia Bhatt beats Kendall Jenner, Kim Kardashian to become ‘most visible attendee' at Met Gala: Check out ranking
On today's episode, financial journalist Govindraj Ethiraj talks to Sydney-based Peter McGuire, CEO of XM.com, an Australian markets research and forex trading firm as well as Manish Raj Singhania, President of the Federation of Automobile Dealers Associations (FADA). SHOW NOTES(00:00) Stories Of The Day(00:05) Adani stocks zoom on likely clean chit from courts in Hindenberg case.(03:10) Indian Rupee among best performing currencies in the world this year.(12:04) Indian auto sales hit record festival highs, poll bound states do even better.(19:15) Independent directors come under fire as Raymond family members enter into dispute.For more of our coverage check out thecore.in--Support the Core Report--Join and Interact anonymously on our whatsapp channelSubscribe to our NewsletterFollow us on:Twitter | Instagram | Facebook | Linkedin | Youtube
Bharat me Rupya kab aaya? Did you know the biggest denomination of Indian Rupee was 10,000/- ! Gandhi ji hamare notes pe kab aaye? Pehle sikka aaya ke note? Jaaniye ye sab kuch detail me is episode me! Have any suggesstion? indiaunveiledpodcast@gmail.com Connect with me on Insta; @me.rakeshh --- Send in a voice message: https://podcasters.spotify.com/pod/show/rakeshsoni/message
It's peak summertime and after the immense success of Rupee's award winning lager nearly two years ago, brothers Van & Sumit Sharma enlisted the strategic insight of global craft brewing legend and creator of iconic Pumpkinhead, one of the most successful seasonal beers to ever hit the market to brew their next highly anticipated sku. "The beer industry, South Asian community, and restaurant & food world have been asking us for months if we have any new beers coming out, and after much thought, research and development, we are excited to launch our signature Mango Wheat Ale on World Mango Day on July 22nd" Mangos are the national fruit of India and considered sacred symbols of proprietary and good luck. In fact, India is the largest consumer and supplier of mangos in the world. Taking the 'King of Fruits' the team wanted to brew an easy to drink summer ale which is smooth with hints of tropical aroma and mango flavor. The history of the mango dates back to 4000 BC on the Indian Subcontinent where over 1000 varieties of the fruit exist. One of these varieties, the Chaunsa mango was given its name by the revolutionary leader, Sultan Sher Shah Suri, creator of the modern day Indian Rupee which was the inspiration of the brand's first lager sku. In 1539, Sultan Sher Shah Suri defeated the second Moghal Emperor, Humayun, in the Battle of Chaunsa. In his extreme happiness, he commemorated the victory by naming his favorite variety of mango, the Chaunsa. After relocating back to America after years living in London & Australia, the brothers having grown up in the Indian restaurant trade their entire lives wanted to shake up an industry which they truly felt lacked representation, and which also continued to make sub-par beer not designed to pair with the spicy and flavorful foods they grew up on. Rupee Beer is available at national retailers such as Costco, Trader Joe's, Whole Foods, Total Wine, as well as top international restaurants within the Indian, Asian, Middle Eastern and Mexican category. To learn more about Rupee Beer, please visit: Website: https://www.rupeebeer.com/ Instagram: https://www.instagram.com/rupe... Facebook: https://www.facebook.com/Rupee... Twitter: https://twitter.com/rupeebeer LinkedIn: https://www.linkedin.com/compa... TikTok: https://www.tiktok.com/@rupeebeer ► Luxury Women Handbag Discounts: https://www.theofficialathena.... ► Become an Equus Coach®: https://equuscoach.com/?rfsn=7... ► For $5 in ride credit, download the Lyft app using my referral link: https://www.lyft.com/ici/ASH58... ► Review Us: https://itunes.apple.com/us/po... ► Subscribe: http://www.youtube.com/c/AshSa... ► Instagram: https://www.instagram.com/1lov... ► Facebook: https://www.facebook.com/ashsa... ► Twitter: https://twitter.com/1loveAsh ► Blog: http://www.ashsaidit.com/blog #atlanta #ashsaidit #theashsaiditshow #ashblogsit #ashsaidit®
Episode 83We talked about:1. India energy import bill (3:21)2. De dollarisation (26:22)3. Internationalisation of Indian Rupee (43:00)
While the forecast for global bonds remains strong for the latter half of 2023, other asset classes could see bifurcated results across regions.----- Transcript -----Seth Carpenter: Welcome to Thoughts on the Market. I'm Seth Carpenter, Morgan Stanley's Global Chief Economist. Andrew Sheets: And I'm Andrew Sheets, Morgan Stanley's Chief Cross-Asset Strategist. Seth Carpenter: And on part two of the special two-part episodes of the podcast, we're going to focus on Morgan Stanley's year ahead strategy Outlook. It's Friday, June 9th at 10 a.m. in New York. Andrew Sheets: And 3 p.m. in London. Seth Carpenter: All right, Andrew, in the first part of this two part special, you were grilling me on the economic outlook. You were taking me to task on all of our views, pointing out the different ways in which our clients, investors around the world were pushing back at different parts of our story. And now, it's payback time. Let me ask you, basically, what are we thinking as a research house in terms of where the best trades are likely to be for markets? We're looking for a soft landing in the U.S., but that doesn't mean a good outcome. So very weak economic activity and policy rates that are still restrictive. So what is that type of backdrop going to mean for one of the most closely watched assets in the world, the U.S. dollar? Andrew Sheets: Sure. So we do think that this backdrop, despite the fact that on the surface it looks decent, you have the U.S. and Europe avoiding recession. You have stronger growth in Asia, but you have a lot of uncertainties that are front loaded, and you still have slowing growth, you still have tight monetary policy. And we think this is going to still lead to a somewhat more difficult backdrop for markets over the next three months. And so I think in that context, the U.S. dollar looks quite attractive. The US dollar pays investors to hold it, it's a so-called positive carry currency against most major currencies and it's a diversifying currency, so as an asset it helps protect your portfolio. And I also think kind of within this context, if any economy is going to be able to handle higher interest rates, well, it might be the U.S. where a large share of consumer debt is fixed in a long term mortgage, which is very different from what we see in Australia or the UK or Sweden. So, we think that the dollar will do better, we think the dollar will do better in large part because of this attractiveness in a portfolio context that it offers investors a positive yield, while at the same time offering portfolio protection. Seth Carpenter: All right. So, if you're feeling reasonably upbeat about the dollar, presumably that spills over to dollar denominated assets. At the end of last year, the strategy team published a piece that was called ‘The Year of Yield.' Are you still feeling that good about bonds in the United States in particular? Is it really fixed income securities that are your strongest call? Andrew Sheets: So, we still feel good about bonds, but I would say that the start of the year has been a pretty mixed picture. I think kind of relative to what we were expecting at the start of the year, the Fed and the ECB have raised rates more. Growth has been somewhat stronger, inflation has been somewhat higher. I would say none of those things are good for the bond market and yields instead of falling have kind of trended sideways. So they've done okay, but they've not done as well as we on the strategy side initially thought. But, you know, looking ahead, we think that the case for high quality fixed income is still quite good. We still think we see slowing in the second half of the year, which we think will be supportive for bonds. We think, certainly based in large part on the forecasts from you and the economics team, that the Fed and the ECB are largely done with their rate hikes, which we think will be supportive for bonds, and we think that inflation will moderate over the course of the year, which could also be supportive. So, we still think that when we look across global assets, while we see positive returns from most bond and equity markets, we think it's high grade bonds that generally offer the best risk adjusted return on our forecasts. Seth Carpenter: Okay, So risk adjusted return on bonds seem attractive to you. The natural follow up question to that is what about equities? Equities have actually performed reasonably well this year. On our first part of this podcast, I said that we are looking for a soft landing. What's the call on equities in the United States? Is this going to be a great second half of the year for equities? Andrew Sheets: So we think the equity picture is quite bifurcated. In some ways, I think it ties quite nicely to the bifurcated global economic picture that you and the economics team are talking about. Where growth in Asia is accelerating, this year, it's accelerating in the second half of the year, while growth in the U.S. and Europe is slowing. And it's that bifurcation that we think is mirrored in the equity market where we see quite good returns for Japanese, in emerging market equities, we see double digit total returns over the next 12 months. But we see a U.S. equity market that's broadly flat in 12 months time to where it is today. Now, what's driving that is we do think that the slowing growth we have this year and tighter monetary policy that will hit profitability. We think it's already been hitting profitability, we think it will continue to. And more tactically, we think that a lot of the big questions for the market are somewhat unresolved, but will be tested very soon. It's the next two quarters, which is the weakest stretch of U.S. GDP growth. It's the next two or three quarters that we think is the bulk of the risks to U.S. earnings. It's this year, it's not next year. And we think the next two quarters is where monetary policy relative to inflation tightens more in our forecast horizon rather than tightening more in the future. So, when we think about the resilience of stocks, especially U.S. stocks year-to-date, it's been very impressive, it's been stronger than we expected. But also, I think year- to-date, growth has been pretty solid. The Federal Reserve's balance sheet has declined to less than initially expected. You haven't necessarily, I think, gone through some of the tests that investors, ourselves, thought might present more headwinds to the equity market, and those tests are going to present themselves, we think, rather soon. Seth Carpenter: Okay. So you highlighted a dichotomy there, especially for the second half of the year. That lines up, I would say, with some of our economic outlook, other parts of the world maybe doing a little bit better. I started off very narrowly with just the dollar. Are there other currencies in other parts of the world where based on, either what's going on with their central banks or what we think is going to be going on with their economic performance. Other currencies that you think would be really good for investors to take a look at. Andrew Sheets: So if I think about where we're forecasting currency strength, we do have the dollar appreciating against most currencies. So I'd say that's a dominant story. We do have the Japanese Yen doing modestly better, and that's largely a function of valuations that look to us very low versus history adjusted for inflation. And we do think that you could have a somewhat uncommon occurrence where Japanese equities and the currency both do well. We think that's the case because the currency is so inexpensive relative to other currencies and because Japanese corporates are already expecting their currency to strengthen some that, that wouldn't necessarily be an additional hit to profitability. The Brazilian Real is another currency that we're predicting to be stronger relative to regional peers. We think both the Indian Rupee and the Indonesian Rupiah can also do well as those economies are relatively strong in a regional context, and in a global context, looking out over the next 12 months. Seth Carpenter: All right. That's super helpful. I guess the last question will come back to you with, again, trying to take this global perspective on things, is commodities. Commodities are traded around the world. They are often a reflection of economic performance in different regions. We've got two big economies that we think will be growing fairly slowly, but we've got China and the rest of Asia that we think will be doing well. What is the outlook for commodities, and maybe especially oil, as we look forward the next six months, the next year? Andrew Sheets: Yeah so, we're underweight commodities. And here I want to talk about the market from a so-called factor perspective. When we think about markets, I think it can be helpful to think about them in terms of fundamentals, carry and momentum, as different things that can drive the market and especially for commodities where those things all matter. So, you know, what do we mean by fundamentals? Well, we think as growth slows, that's a negative for commodity demand relative to supply, and so a forecast where slowing growth is still ahead of us and it's really front loaded in our forecast is somewhat of a headwind to commodities. If I think about carry, that's another way of saying what does it pay you to hold the commodity or what does it cost to hold the commodity? And given how high short term U.S. interest rates are, it's quite expensive to hold copper or gold rather than hold a Treasury bill which pays you interest. The commodity does not. So, we think that works against commodities some. And then there's also momentum you tend to see in commodities more so than other asset classes that they tend to trend. They tend to stay in the same direction that they're traveling, rather than reverse, and commodity prices have been heading down. And if we look at the data, we think that tends to be more of a negative thing than a positive thing. So broadly, we think commodities produce lower risk adjusted returns than other assets. We do see oil prices modestly higher by the middle of 2024. We see Brent at about 78. So that's a little bit higher from current levels. But I think it's an asset class where after some very good returns in the recent past, is one where the risk reward looks less favorable relative to some other things. Seth Carpenter: All right, I'm going to call it there. Andrew, I really want to thank you for taking the time to talk, and let me throw a bunch of questions at you. Andrew Sheets: Seth, great speaking with you. Seth Carpenter: And thanks to everyone else for listening. If you enjoy Thoughts on the Market, please leave us a review on Apple Podcasts and share the podcast with a friend or a colleague today.
बातम्या सविस्तर ऐकण्यासाठी क्लिक करा.....सकाळच्या पॉडकास्टला.....1. Giorgia Meloni : 'या' देशात इंग्रजीसह परदेशी भाषांवर येणार बंदी; English बोलल्यास भरावा लागणार मोठा दंड!2. Indian Rupee: भारतीय रुपयाचा दबदबा, रशियानंतर आता 'या' देशासोबत करणार रुपयात व्यवहार3. "गाढवाच्या दुधापासून बनवलेला साबण स्त्रीचे शरीर सुंदर ठेवतो"; भाजप MP मनेका गांधींचा दावा4. गुजरात फाईल्सला भाजपचं काँग्रेस फाईल्सने प्रत्युत्तर5. व्हॉट्सअॅपने दिवसांत 45 लाखांहून अधिक खाती केली बंद6. केतकीच्या पोस्टनं उडवली खळबळ7. क्रीडाक्षेत्रातील महत्वाची घडामोडी.....माजी क्रिकेटपटू सलीम दुराणी यांचे निधन8. चर्चेतील बातमी - Shirdi Saibaba : " कोल्ह्याची कातडी धारण करून कोणी... " ; साईंबद्दल धीरेंद्र शास्त्री बरळलेरिसर्च अँड स्क्रिप्ट - युगंधर ताजणे, निलम पवार
The RBI has recently announced a pilot of the digital rupee for wholesale and retail transactions. Central bank digital currencies are increasingly being adopted by banks across the world. Shailesh Chitnis joins Bharath Reddy to talk about the implications of these developments. You can follow Bharath Reddy on twitter: https://twitter.com/bharath_red Check out Takshashila's courses: https://school.takshashila.org.in/ Do follow IVM Podcasts on social media. We are @IVMPodcasts on Facebook, Twitter, & Instagram. https://twitter.com/IVMPodcasts https://www.instagram.com/ivmpodcasts/?hl=en https://www.facebook.com/ivmpodcasts/ You can check out our website at https://shows.ivmpodcasts.com/featured Follow the show across platforms: Spotify, Google Podcasts, Apple Podcasts, JioSaavn, Gaana, Amazon Music Do share the word with your folks!See omnystudio.com/listener for privacy information.
Ash came to Canada in 2019 to study at Algoma University and is now the first South Asian to be a part of the Alumni Council of Algoma University and also runs a non-profit called Student Connect. He is a true believer that if you actually join the dots, everything happened for a reason.Listen to his journey from connecting the dots to starting Student Connect.Ash's LinkedInAsh's InstagramStudent Connect Instagram Student Connect LinkedIn Did you enjoy the episode? Don't forget to rate us. We'd love to hear your feedback. Official Instagram MTA Page: @MyThickAccentGurasis's Instagram Profile: @IAmGurasisMTA Podcast Website: MyThickAccent.comWant to share your story? DM us or write to us at Hello@mythickaccent.comStay tuned for the exciting new episode every Thursday at 10:00 AM EST and let's continue knowing each other Beneath The Accent! _______________________________________________Audio GlossaryDal Chawal -Dal Chawal translates to Lentil Rice. It's a 'whole meal' dish served in the sub-Indian continent. Lentil or a combination of lentils are pressure-cooked (with spices) and is served over cooked rice.Maggie - It's the classic Indian snack, made with authentic Indian flavours.Tiffin Service - A home-made style food, delivered to the students or young professionals who are living away from their homes. Rupees (₹) - Rupee is the modern monetary unit of India and Pakistan. The modern unit is divided into 100 paisa (like cents). The name derives from the Sanskrit rupya (“silver”). Fun Fact: On 15th August 1947 the exchange rate between Indian Rupee and US Dollar was equal to one (i.e., $1= ₹1). Now 1 USD= ₹83 and 1 CAD= ₹60._______________________________________________Want to share your story? Or know someone I should invite next on the show? DM us or write to us at Hello@mythickaccent.com
Indian startups are shedding the extra flab put on during the days of easy money. Layoffs and cost restructuring are the only way out for them now. Some of India's largest start-ups are in the middle of a transition. They are shifting from growth to profitability now. Innovation has also been the key to the success of Adar Poonawalla. He has taken Indian vaccines to the US and European markets. In an interview with Business Standard's Sohini Das, Poonawalla tells about his plans, which include mass production of malaria vaccines, nasal flu vaccine and exploring a vaccine for monkeypox too. Adar Poonawalla had recently asked Elon Musk to invest in India if his Twitter deal doesn't go through. The SII chief promised Musk on Twitter that it would be the best investment he would ever make. Meanwhile, the Indian rupee has reversed its slide recently amid a weakening in the US dollar index, and a halt in foreign investors' selling spree. We delve into the outlook for the currency and the sectors that can benefit the most from the current trend. Just like the equities, experts advise caution in purchase of property too. But how will you know if the house you are planning to buy is free of any litigation or any other problem. An Encumbrance Certificate will help you in that. Let us know more about it in this episode of the podcast.
In today's podcast, we bring you our view on FX and commodities. The Indian Rupee remained under pressure in H1 this year, depreciating by 6% against the USD. Crude rallied by 48% in the same period. Moving into H2, how are these expected to perform? What is our outlook on Gold? Tune in to know more. Speaker:Ravi SinghChief Investment Strategist, Standard Chartered
IT's sEaSon 3 ePisOdE 3! You know what that means! It means you gotta leave us a 5 star rating and follow us on twitter boyyyyyy!In this epi we chop it up with the Indian Rupee trillionaire himself, Alex Berman. Enjoy as we tickle your eardrums with the sweet soothing sound of this Internet Kids podcast episode!!
Veronica Joseph brings you the news from the Supreme Court, New Delhi, Kerala, and Iran. See acast.com/privacy for privacy and opt-out information.
This year the Indian Rupee has depreciated almost 7% against the US dollar. On 14th July 2022, it briefly touched the Rs 80 mark against the dollar. Why is the rupee falling against the dollar? What will be the impact on the economy? Is there anything the government can do? Anupam Manur talks to Sarthak Pradhan.You can follow Anupam Manur on twitter: https://twitter.com/anupammanurYou can follow Sarthak Pradhan on twitter: https://twitter.com/PSarthak19Check out Takshashila's courses: https://school.takshashila.org.in/You can listen to this show and other incredible shows on the new and improved IVM Podcast App on Android: https://ivm.today/android or iOS: https://ivm.today/iosYou can check out our website at https://www.ivmpodcasts.com
Another day, another domino pushed over, pushing the world that much closer to global de-dollarization. Let's take a look at India right now, they're Rupee is in trouble! The central bank is trying do things to stimulate its demand, and one of the ways they're doing this right now is by putting in place a mechanism so that international trades, settlement of exports and imports can be settled in the Indian Rupee instead of US Dollars.
An out-of-the-box idea to set the value of the Rupee is presented here. Just as the price at the pump to a barrel of crude has no correlation, the USDINR exchange rate setting is a closely guarded secret. If implemented, Indian Rupee can become a reference for the World. #RupeeVsDollar #Rupee #Dollar #Gold
The fight to clinch the media rights of Indian Premier League for the next five years was no less intense than the matches itself. And the money put on the auction table made the IPL world's number two sports league, with only America's National Football League ahead of it in terms of per-match value. So why has the race to grab the TV and digital media rights become so intense despite a dip in IPL viewership? And what do the winners stand to gain? But not all business models are as lucrative as IPL. Scores of companies are floated every year and some return to the pavilion without playing a long innings. Ravi Mittal, chairperson of the Insolvency and Bankruptcy Board of India (IBBI), recently said that there should not be any stigma attached to genuine business failure and companies should be given honourable exit. The Insolvency and Bankruptcy Code, 2016 was introduced in May, 2016 to tackle bad loan problems. But it has been plagued with high haircuts for banks and delays in the resolution process. So what can be done to achieve quicker resolution? Markets too take a beating when a big company falls. Meanwhile, key benchmark indices cracked around 3 per cent on Monday. The Indian Rupee, too, recorded a new all-time low. Against the backdrop of the yesterday's fall and overhang of global sentiment, our next report tells what lies ahead for the markets, and what are the key support levels to watch out for? Not just scorched earth and people living on it, a good monsoon also soothes the economy and markets too. Weather and economy are closely linked. In this episode of the podcast, we explain how nature still rules over us, despite all the technological advances.
In this episode, find out why Equitas founder PN Vasudevan resigned, also find out about Indonesia's decision to lift ban on edible oil exports Business Term of the Day: GST
In today's episode for 11th May 2022, we talk about what's happening to the Indian Rupee. We've launched a new endeavor to give simplified health and life insurance advice via Ditto Insurance. Book a free consultation call with our advisors or just drop us a text on WhatsApp for all your insurance queries. Check out Ditto: https://bit.ly/3ym6GjO Insta- https://www.instagram.com/joinditto/ Twitter- https://twitter.com/joinditto
Indian Rupee weakened further on Monday and touched an all-time low figure against a surging US dollar. And experts believe that it may depreciate further -- pouring cold water over RBI's efforts which recently raised interest rates to bring down the inflation. In the central bank's own calculations, every 5% fall in the rupee adds about 10-15 bps to the inflation. So what does a weaker rupee mean for the Indian economy which is already weathering several storms? And what does it mean for people at large who are at the receiving end of high inflation? A depreciating Indian rupee will indeed dent the Centre's exchequer. But the government has several avenues to refill it. It has been eyeing the rollout of 5G for a while now -- which may help it address the revenue shortfall. But now, when the decks are cleared for it, the telecom operators look upset as some of their demands have not been fulfilled -- suggesting that the upcoming auction may get a lukewarm response. It's not just the 5G roll out, but the markets too are staring at a bumpy road ahead. With the US Federal Reserve and the RBI making their policy intent clear, will the equity markets across the globe now go into a correction mode? How should investors approach the markets in the backdrop of this policy shift? Will foreign funds come back into Indian equities if the economic growth remains robust? Business Standard's Puneet Wadhwa spoke to Mark Matthews, head of research for Asia at Julius Baer to get his views on the recent developments and the road ahead for global equity markets as they adjust to the ‘new normal' of rising interest rates. After the markets, let us move on to a technology which is crucial to 5G roll out. Short for Open Radio Access Network, the Open RAN is critical to 5G deployment. In India's context, the Open RAN architecture is essential but also fraught with challenges. We will get to it, but let us first understand what O-RAN is in this episode of the podcast. Watch video
The Indian rupee fell to a new low against the US dollar as the oil price surged after the Russia-Ukraine war broke. Can the rupee continue to make fresh lows? Sai Prabhakar and Gurumurthy discuss what can impact the rupee movement and how far it can weaken against the dollar. Listen in! --- Send in a voice message: https://anchor.fm/business-line/message
Digital Indian Rupee --- Support this podcast: https://anchor.fm/nirmit-verma/support
Join Andrea Heng and Ryan Huang as they digest big pharma Novavax's and Moderna's announcements, a new deal struck by UPS and Boeing, Apple's triple-A rating, plus a currency round-up of the US dollar, Turkish lira and Indian rupee. See omnystudio.com/listener for privacy information.
ഇന്ത്യൻ രൂപയുടെ ചരിത്രം, ഡോളറും രൂപയും.History of Indian rupee,indian rupee & US dollar. British india and pound. Kerala podcast junction is a malayalam podcast.
This comes under 100 DAYS PODCAST'S |Ep 84| In this Episode BRIEF HISTORY OF INDIAN RUPEEThis Episode was Produced By Game Tamilzha Web Podcast'sHostPrabhu VenkatTo connect with us https://linktr.ee/gametamilzhaFor business/collaboration gametamilzha@gamil.comStay Tuned with Game Tamilzha Web Podcast's Stay Safe Wear Mask Get sanitised
This comes under 100 DAYS PODCAST'S |Ep 84| In this Episode BRIEF HISTORY OF INDIAN RUPEEThis Episode was Produced By Game Tamilzha Web Podcast'sHostPrabhu VenkatTo connect with us https://linktr.ee/gametamilzhaFor business/collaboration gametamilzha@gamil.comStay Tuned with Game Tamilzha Web Podcast's Stay Safe Wear Mask Get sanitised
This episode deals with the logistical solutions that human society had to come up with to effectively share resources and quantify value: money. In this episode, after understanding the anthropological necessity for money, we understand how the transference of money evolved. Dheeraj Shah helps me understand why currency or money was agreed upon to be rare metals like gold, and then how and why we shifted to cash transactions equivalent to gold, and finally how money came to have its own value and generated through our current debt systems. Dheeraj Specifically helps us with understanding what Decentralised Finance is and how bitcoin in specific is the ultimate experience in decentralized finance. Books reviewed for this episode: Treaties on Civil Government - John Locke The Problem with Indian Rupee, and its Solution - B.R. Ambedkar Simulacra and Simulation - Jean Baudrillard History of Weimar Republic - Charles River Editors Gold Standard in Theory and History - Richard Eichengreen Other Content reviewed/suggested: Cold Fusion - How is money created? https://www.youtube.com/watch?v=mzoX7zEZ6h4 Adam Mckay(dir.) - The Big Short (available on Netflix) Dylan Mohan Gray - Bad Boy Billionaires India (available on Netflix) Support me on Patreon! https://www.patreon.com/deepfriedneurons DFN merch: https://www.instagram.com/p/CCQkpTcF54d/?utm_source=ig_web_copy_link Follow me on social media: www.instagram.com/deepfriedneurons https://www.facebook.com/DeepFriedNeu...
MONEY FM 89.3 - Prime Time with Howie Lim, Bernard Lim & Finance Presenter JP Ong
After a surprisingly strong start to the year that saw the USD flexing for most of the 1st quarter, the greenback has softened considerably in the month of April. Is the weaker dollar trend back in action? Han Tan, Analyst at FXTM, joins us on Forex Fridays, to discuss the greenback's recent downtrend, how it may or may not be influencing his outlook on Gold, and whether the Indian Rupee is the currency to watch given the worrisome resurgence of COVID-19 on the continent. See omnystudio.com/listener for privacy information.
MONEY FM 89.3 - Prime Time with Howie Lim, Bernard Lim & Finance Presenter JP Ong
The Chinese Yuan has weakened considerably since the start of the year, even giving up all gains made in 2021 at one point. Is this due in part to the dollar's recent resurgence, and what would a weaker RMB mean for other currencies in the region? Han Tan of FXTM joined us on Forex Fridays to kick off the second quarter, and to also discuss the fortunes of the Indian Rupee. See omnystudio.com/listener for privacy information.
MONEY FM 89.3 - Prime Time with Howie Lim, Bernard Lim & Finance Presenter JP Ong
The 1st quarter of 2021 saw a reversal of sorts for the US Dollar, which went from being one of the most shorted currencies at the start of the year to mounting a solid recovery in March. SAV Markets founder Shyam Devani joined us on Forex Fridays to talk about whether the dollar's resurgence can be sustained in the long term, what it may mean for currencies like the Euro and the Chinese Yuan, and why he's eyeing the Indian Rupee with the seeming dearth of other trends in the Forex space heading into the second quarter. See omnystudio.com/listener for privacy information.
This episode the question was how do we build our Confidence. Interested in Learning? Learn in Malayalam: https://www.pahayan.com/ Join the Community: https://www.penpositive.com Make Payments in Indian Rupee: http://pahayanmedia.com/ If you cannot pay Email me at pahayanmedia@gmail.com Listen to Penpositive English Podcast: https://anchor.fm/penpositive Subscribe to My YouTube Channels Malayalam: https://www.youtube.com/pahayan Penpositive: https://www.youtube.com/penpositive Personal: https://www.youtube.com/vinodnarayan Do Email Me with any Comments/Suggestions: pahayanmedia@gmail.com --- Send in a voice message: https://anchor.fm/pahayan/message
Another episode for our Active Learners. This time we will address a question that came to me recently. How can you deal with being an introvert ? Interested in Learning? Learn in Malayalam: https://www.pahayan.com/ Join the Community: https://www.penpositive.com Make Payments in Indian Rupee: http://pahayanmedia.com/ If you cannot pay Email me at pahayanmedia@gmail.com Listen to Penpositive English Podcast: https://anchor.fm/penpositive Subscribe to My YouTube Channels Malayalam: https://www.youtube.com/pahayan Penpositive: https://www.youtube.com/penpositive Personal: https://www.youtube.com/vinodnarayan Do Email Me with any Comments/Suggestions: pahayanmedia@gmail.com --- Send in a voice message: https://anchor.fm/pahayan/message
Michelle Martin and Ryan Huang discuss inflationary fears, Israeli Study shows the efficacy of Pfizer/BioNTech's vaccine, UK to speed up their vaccinations, Bitcoin's new high, Twitter, Uber, Singapore's construction sector, HSBC, the Chinese Yuan, the Indian rupee and the local market in early trading. See omnystudio.com/listener for privacy information.
Starting an Active Learning Series that I recently started doing on Instagram and seems like it is adding value to viewers. So thought of bringing this to the Podcast Platform. Hope to do it daily or more frequently. Interested in Learning? Learn in Malayalam: https://www.pahayan.com/ Join the Community: https://www.penpositive.com Make Payments in Indian Rupee: http://pahayanmedia.com/ If you cannot pay Email me at pahayanmedia@gmail.com Listen to Penpositive English Podcast: https://anchor.fm/penpositive Subscribe to My YouTube Channels Malayalam: https://www.youtube.com/pahayan Penpositive: https://www.youtube.com/penpositive Personal: https://www.youtube.com/vinodnarayan Do Email Me with any Comments/Suggestions: pahayanmedia@gmail.com --- Send in a voice message: https://anchor.fm/pahayan/message
Vellam is an interesting Malayalam movie about the life of an alcoholic. As I watched the movie it took me through a avalanche of thoughts that I wish to share with you in this Podcast Interested in Learning? Learn in Malayalam: https://www.pahayan.com/ Join the Community: https://www.penpositive.com Make Payments in Indian Rupee: http://pahayanmedia.com/ If you cannot pay Email me at pahayanmedia@gmail.com Listen to Penpositive English Podcast: https://anchor.fm/penpositive Subscribe to My YouTube Channels Malayalam: https://www.youtube.com/pahayan Penpositive: https://www.youtube.com/penpositive Personal: https://www.youtube.com/vinodnarayan Do Email Me with any Comments/Suggestions: pahayanmedia@gmail.com --- Send in a voice message: https://anchor.fm/pahayan/message
This Year I turn 50 and there are some things to talk. ഈ വർഷമാണ് ഞാൻ 50 തികയുന്നത്..... അത് കള്ളത്തരം ങ്ങക്ക് മിനിമം 65 ഇല്ലേ... സത്യം പറ എന്നൊക്കെ പലരും പറയും... അതിന്റെ രഹസ്യവും മ്മടെ ഈ എപ്പിസോഡിൽ ഉണ്ട്... Interested in Learning? Learn in Malayalam: https://www.pahayan.com/ Join the Community: https://www.penpositive.com Make Payments in Indian Rupee: http://pahayanmedia.com/ If you cannot pay Email me at pahayanmedia@gmail.com Listen to Penpositive English Podcast: https://anchor.fm/penpositive Subscribe to My YouTube Channels Malayalam: https://www.youtube.com/pahayan Penpositive: https://www.youtube.com/penpositive Personal: https://www.youtube.com/vinodnarayan Do Email Me with any Comments/Suggestions: pahayanmedia@gmail.com --- Send in a voice message: https://anchor.fm/pahayan/message
The year 2020 has been historically a tough year as the pandemic struck economies in an unprecedented way. The volatility and uncertainty sparked by COVID-19 pushed Indian rupee to hit a record high of 76.90 against the dollar, but the infusion of excess liquidity by both government and central bank across the globe supported the risk appetite and reversed the uptrend. The Indian rupee weakened 3% against the dollar in 2020, making it the worst-performing currency among Asian peers. So, what’s the way forward for Indian currency in 2021. To discuss that, Mint’s Nasrin Sultana is in conversation with Rahul Gupta, head of research- currency, Emkay Global Financial Services.
Reliance Industries, India's largest company, has fulfilled our bullish 2015 forecast. See where the stock is now -- plus, get new insights into today's important junctures in the Indian Rupee and SENSEX. Our Asian-Pacific Financial Forecast editor explains.
Reliance Industries, India's largest company, has fulfilled our bullish 2015 forecast. See where the stock is now -- plus, get new insights into today's important junctures in the Indian Rupee and SENSEX. Our Asian-Pacific Financial Forecast editor explains.
Reliance Industries, India's largest company, has fulfilled our bullish 2015 forecast. See where the stock is now -- plus, get new insights into today's important junctures in the Indian Rupee and SENSEX. Our Asian-Pacific Financial Forecast editor explains.
Reliance Industries, India's largest company, has fulfilled our bullish 2015 forecast. See where the stock is now -- plus, get new insights into today's important junctures in the Indian Rupee and SENSEX. Our Asian-Pacific Financial Forecast editor explains.
Reliance Industries, India's largest company, has fulfilled our bullish 2015 forecast. See where the stock is now -- plus, get new insights into today's important junctures in the Indian Rupee and SENSEX. Our Asian-Pacific Financial Forecast editor explains.
Reliance Industries, India's largest company, has fulfilled our bullish 2015 forecast. See where the stock is now -- plus, get new insights into today's important junctures in the Indian Rupee and SENSEX. Our Asian-Pacific Financial Forecast editor explains.
Reliance Industries, India's largest company, has fulfilled our bullish 2015 forecast. See where the stock is now -- plus, get new insights into today's important junctures in the Indian Rupee and SENSEX. Our Asian-Pacific Financial Forecast editor explains.
Reliance Industries, India's largest company, has fulfilled our bullish 2015 forecast. See where the stock is now -- plus, get new insights into today's important junctures in the Indian Rupee and SENSEX. Our Asian-Pacific Financial Forecast editor explains.
Reliance Industries, India's largest company, has fulfilled our bullish 2015 forecast. See where the stock is now -- plus, get new insights into today's important junctures in the Indian Rupee and SENSEX. Our Asian-Pacific Financial Forecast editor explains.
Reliance Industries, India's largest company, has fulfilled our bullish 2015 forecast. See where the stock is now -- plus, get new insights into today's important junctures in the Indian Rupee and SENSEX. Our Asian-Pacific Financial Forecast editor explains.
Reliance Industries, India's largest company, has fulfilled our bullish 2015 forecast. See where the stock is now -- plus, get new insights into today's important junctures in the Indian Rupee and SENSEX. Our Asian-Pacific Financial Forecast editor explains.
Reliance Industries, India's largest company, has fulfilled our bullish 2015 forecast. See where the stock is now -- plus, get new insights into today's important junctures in the Indian Rupee and SENSEX. Our Asian-Pacific Financial Forecast editor explains.
Reliance Industries, India's largest company, has fulfilled our bullish 2015 forecast. See where the stock is now -- plus, get new insights into today's important junctures in the Indian Rupee and SENSEX. Our Asian-Pacific Financial Forecast editor explains.
Reliance Industries, India's largest company, has fulfilled our bullish 2015 forecast. See where the stock is now -- plus, get new insights into today's important junctures in the Indian Rupee and SENSEX. Our Asian-Pacific Financial Forecast editor explains.
Reliance Industries, India's largest company, has fulfilled our bullish 2015 forecast. See where the stock is now -- plus, get new insights into today's important junctures in the Indian Rupee and SENSEX. Our Asian-Pacific Financial Forecast editor explains.
Reliance Industries, India's largest company, has fulfilled our bullish 2015 forecast. See where the stock is now -- plus, get new insights into today's important junctures in the Indian Rupee and SENSEX. Our Asian-Pacific Financial Forecast editor explains.
Reliance Industries, India's largest company, has fulfilled our bullish 2015 forecast. See where the stock is now -- plus, get new insights into today's important junctures in the Indian Rupee and SENSEX. Our Asian-Pacific Financial Forecast editor explains.
Reliance Industries, India's largest company, has fulfilled our bullish 2015 forecast. See where the stock is now -- plus, get new insights into today's important junctures in the Indian Rupee and SENSEX. Our Asian-Pacific Financial Forecast editor explains.
Reliance Industries, India's largest company, has fulfilled our bullish 2015 forecast. See where the stock is now -- plus, get new insights into today's important junctures in the Indian Rupee and SENSEX. Our Asian-Pacific Financial Forecast editor explains.
Reliance Industries, India's largest company, has fulfilled our bullish 2015 forecast. See where the stock is now -- plus, get new insights into today's important junctures in the Indian Rupee and SENSEX. Our Asian-Pacific Financial Forecast editor explains.
Where is capital flowing these days in forex and CFD China appears to be getting stronger for manufacturing with copper and potentially Brent crude oil to come later. Yuan and Indian Rupee could rise as USA debt rise and dollar falls. It is also affecting the Treasury. USA appears to have some huge fundamental faults that the rest of the world is noticing. Corn is showing a predictable long trade but agriculture is an area to watch,. It is also interesting how UK markets could hold up as well. Some GBP pairs show longs as well. Europe is showing shorts with Swedish currency showing a long. Norway is a short for some reason. NZD and Australia are also dropping with Canada dollar showing signs of being a haven. JPY nor CHF are showing any signs of this as capital flows into China or India. Silver and platinum continue to show long term shorts. Free books https://quantlabs.net/ or learn algo trading https://quantlabs.net/dvd Worried about your future with retirement, get this latest USB product https://quantlabs.net/retire/Jump on this Quant Analytics service https://quantlabs.net/quantanalytics/ https://quantlabs.net/blog/2020/08/where-is-capital-flowing-these-days-in-forex-and-cfd-with-china-long/
AliExpress - Smarter Shopping, Better Living Ever wanted to shop everything in one place, at one time? We've created just the app for you! With thousands of brands and millions of items at an incredible value, AliExpress is the go-to app for those in the know. Shop what's new & now from home to health, tech to toys and sports to shoes (plus the hottest fashion around) every day. And, let's not forget all our deals! From flash & super deals to coupons and more, you can get the best items at the best prices in a swipe. There are countless reasons to love shopping on the AliExpress app but here are some of our favorites: • Millions of trendy and unique items • Easy Search – So you can find what you want quickly • Image Search - Find what you're looking for easily and quickly using images. Take a picture of the item you want or upload a photo to find an exact match or items similar to what you're looking for. • Coupons, discounts, flash & super deals so you'll always get the best price • Free shipping on over 75% of our items • Order management & automatic shipment notifications • Buyer Protection on all your purchases • Secure online payments • Personalized feeds, with items picked especially for you Language Support We're global, so our app is too! We support English, Spanish, Portuguese, Russian, Turkish, Bahasa Indonesian, Thai, Italian, German, French, Hebrew, Korean, Polish, Dutch, Arabic, Vietnamese, Japanese and Ukrainian. Currency Support Our app currently supports 8 different currencies for payment (Euros, US Dollars, Canadian Dollars, Australian Dollars, Japanese Yen, British Sterling, Russian Rubles and Swedish Krona), plus another 6 currencies for browsing (Brazilian Real, Indian Rupee, Ukrainian Hryvnia, Indonesia Rupiah, Mexican Peso and Turkish Lira). Tell Us What You Think Like us? Love us? Can't get enough of the AliExpress app? Let us know! We'd love to hear your thoughts. Plus, if you see any areas for improvement while using our app, tell us that, too! We take all feedback seriously and use it for constant improvement. Drop us a line in the app by tapping "More" then "App Suggestion".
The Indian rupee rose sharply against the US dollar today as the risk sentiment improved in global markets. Opening at 76.30 per dollar, the rupee today further strengthened to 76.08 a dollar. In comparison, the Indian rupee had closed at 76.66 per US dollar in the previous session after pulling back from record lows of 76.91 per US dollar. "Facebook's $5.5 billion acquisition of a stake in Jio raised hopes that the FDI picture in 2021 will not be as bleak as earlier thought. Overall risk sentiment has improved overnight," said Abhishek Goenka, founder, and CEO of IFA Global. --- Support this podcast: https://anchor.fm/latestnewssuno/support
Manpreet Gill, Head of FICC Investment Strategy, Standard Chartered Private Bank shares why he's bullish around emerging markets and the Indian Rupee amid the trade uncertainties and Fed rate cut expectations.
MONEY FM 89.3 - Prime Time with Howie Lim, Bernard Lim & Finance Presenter JP Ong
Theresa May is stepping down as British Prime Minister on June 7. What impact might this have on the pound? ANZ's Khoon Goh thinks that until more clarity on British leadership and Brexit comes, the sterling will remain labored. He also spoke about the Chinese RMB possibly testing 7 to the dollar, and the Indian Rupee and Indonesian Rupiah after their respective national elections.
MONEY FM 89.3 - Prime Time with Howie Lim, Bernard Lim & Finance Presenter JP Ong
Mizuho's Head of Economics & Strategy Vishnu Varathan joins us on Forex Fridays to survey the Chinese Yuan and the US dollar at the start of the year, as well as the Indian Rupee and some ASEAN currencies ahead of a slew of elections this April. He also gives us Mizuho's outlook on the Singapore Dollar.
These days Amazon businesses are getting more complex, and one way to add margin to your business is to extend to other countries. Today we are talking about the importance of understanding foreign exchange when buying and selling overseas. Since your business can potentially save a few thousand dollars, euros, or rupees, it is a good idea to use a broker for fx, where every little bit counts. Today we have an expert on to talk about the benefits of getting the best foreign exchange rates for your growing business and how having that broker can make a big difference. Jared Van Orden is a financial expert with GPS Capital Markets based in Utah. Since 2002, GPS has been the leading corporate foreign exchange brokerage firm dedicated to handling foreign exchange for companies, large and small. Jared's firm helps its clients exchange funds back into their working currency when selling overseas. Additionally, they exchange the currency of the country where clients are doing business and making foreign purchases. GPS Capital Markets deals in any type of transaction that has a foreign currency element to it and helps companies implement best practices. Episode Highlights: Jared explains the impact of WorldFirst Brokerage's US operations closing. The cost difference between using an exchange broker and being directly exchanged via Amazon. How getting the best exchange rates can affect an exit. Savings opportunities when purchasing goods from overseas, particularly China. Opportunities in other countries such as Thailand and India, a broker can offer. How the cost of a product going up or down can affect the exchange rate. Can sellers set up an EU bank account if they're a US company and what are the tax ramifications? The advantages of multi-currency accounts set up in the country where you do business. Understanding VAT and using an experienced accounting firm for taxation. Transcription Mark: Everybody for those of you that have been long time listeners of the Quiet Light podcast you've probably noticed that we have a brand new shiny introduction to the podcast. Let me know what you think. I like it quite a bit and there's a point in that introduction where there's a movie quote. We thought we would just throw this in there really for no reason other than it's somewhat fun. So here's what we're going to do, if you know what movie that quote was from send me an e-mail at mark@quietlightbrokerage or e-mail Joe at joe@quietlightbrokerage. For those of you that think that this podcast is actually Joe's podcast, you can do that. Let us know what movie it is from and we'll give you a shout out on one of the future podcast episodes. So what movie was that from? And Joe I got something just really funny. Just to tell you briefly I was just at Traffic and Conversion out in San Diego and we were talking about the different people at Quiet Light Brokerage and somebody actually told me that they thought that what you did at Quiet Light Brokerage was the podcast. So that's all that you did. Joe: That's all that I did? That's all I do? Mark: That's all you do. Joe: Oh. Well you know I wish it was all I did and my life would be a lot easier and I'd sleep better because the podcasting is the easiest part. All I do is talk and you and the content team, Chris, everybody else they do the rest. Podcast Motor; they make my life easy. So cool I wish … maybe that will come true someday. The other alternative versus mark@quietlight or joe@quietlight … you don't have to play favorites you can just send it to inquiries@quietlight and put movie quote in the subject line. And that way both Mark and I will see it and we can call you out and tell you we love you and that you picked the name of the movie. But listen we should talk about— Mark: Well on that be honest if you use Google like I do with every single one of these tell us that you used Google just to find it. Joe: Well when you were showing me this sample and you gave a movie quote I did, in fact, Google it. So don't cheat like I did folks. I knew what it was. I was pretty sure I knew what it was. And it was maybe people we can … I know I won't want to confuse them with the intro that is not pride to this. Anyway, we have a new guest; a person that specializes in foreign exchange. And it's something that you and I don't have a whole lot of expertise or experience in. His name is Jared Van Orden. He's from GPS FX. I met him at the Prosper Show last year and we talked a little bit about what they do. And finally because of some things that have happened with a company called World First we decided to get him on the podcast and talk about saving some money for the folks that do sell overseas and also buy from overseas manufacturers. Mark: Yeah. I'm sorry I thought you were going to continue talking. I didn't know you were done. I usually when you talk I just kind of tune you out so I— Joe: I know. I know. Mark: Well look the Amazon businesses are getting more complex and one of the best ways to expand and grow your business … any e-commerce business but Amazon specifically is to go into different countries. And when you do that there's going to be added complexity but also added areas for margin. And one of the very simple ways … and I talked to Jared before at Prosper Show is just that right? Looking at the foreign exchange this is an area where you can definitely add margin to your business. And it's an area that frankly I don't know much about so I'm glad that we have somebody who does know a lot about this to come on and talk about it. Joe: Yeah and let me just say real quick before we go to the podcast Mark is mentioning margin and it's important if you're going to save a thousand dollars a month on foreign exchange by doing it right. Or another thousand a month by using a foreign exchange company when you're placing orders overseas. That's $2,000 a month; $24,000 a year. That could result in an additional 75 … a hundred thousand dollars onto the value of your business so every little bit counts. Please listen to the entire podcast because Jared does a really good job of explaining the entire process. Mark: Awesome let's get to it. Joe: Hey folks Joe here at Quiet Light Brokerage and today I've got Jared Van Orden with me on the phone. Hey Jared, how are you? Jared: I'm doing great Joe. Joe: Awesome. Well as I said in our little chat before, today I've got a guest on talking about a subject that I know very little about which is great because I'm going to ask a lot of dumb questions. But before we go into those dumb questions that I'm going to ask and questions that I think will help the buyers of internet based businesses selling physical products and selling overseas; sellers of those save some money in the future why don't you give a little bit of background on yourself so folks understand who you are and what your company is and what you do. Jared: Sure. Thanks, Joe. So I'm with GPS Capital Markets. We're a foreign currency exchange brokerage that headquartered out at the United States; Utah actually to be exact. And we do all things foreign currency exchange. So we help companies specifically if they have revenues that are being collected in a currency outside of their functional currency, outside of the currency they use on a day to day basis. A US seller that's selling in to the UK; we help them to exchange those funds back into US dollars. Or a company that's paying for products in a foreign currency; we help to exchange funds from US dollars into those foreign currencies. And you know that it can be on a revenue cost basis. We help companies to acquire other entities overseas or to sell other entities; any type of transaction that has a foreign currency element to it. We really go out and try and help those companies number one to find the best practice solution to what they're doing. Sometimes that may mean not doing business with us but to help them find really what's going to fit best for their unique situation in dealing with foreign currencies. And then help them to implement that strategy if at all possible. It could be anything from just converting funds to locking the exchange rates for them. Joe: Excellent. I've dealt with this a few times over the years when we've got people that are not US citizens. They're … I just did one in Germany last year and the exchange rate was a major factor in terms of the timing of when we're going to close a transaction for him because it was being sold … purchased in US dollars. And I've had a lot of Canadian folks as well and folks from different parts of the world. But the big savings here and the way that people ultimately and this is what we look at can boost their bottom line discretionary earnings. There's many, many different ways to do it but the key here is a one or two or three percent savings in that foreign exchange. We're on this podcast because your team had sent me an e-mail. We met at the Prosper Show last year. I think you'll be there this year. We will as well. But you had sent me an email in regards to World First which is a very well-known foreign exchange firm that they're closing their doors. Can you touch on that a little bit for those folks that are currently using World First and may not know about this and what's … how it's going to impact their bottom line? Jared: Sure World First is actually a very good exchange brokerage. It has been around for quite a while and they had been helping a lot of Amazon sellers in the seller space to convert their funds from the foreign marketplaces back into US dollars. Basically, this is another option rather than using Amazon … to let Amazon convert those revenues for you into US dollars. And what happened is that World First is in an acquisition type situation where a foreign buyer out of China was looking to acquire the company. But because of some of the blocking that the US has done for Chinese financial companies purchasing US corporations that transaction didn't look like it was going to go through with World First US operations. And so World First sent out an email here back in January to all its clients saying that their US operations are going to be closing immediately. And that leaves a lot of our Amazon sellers in a situation where they're no longer going to be able to use that service with anywhere less than about a 30 day notice that after February 20th which is today you cannot use World First services if you are a US Canadian corporation. So those services out in US and Canada are no longer available to you. Now that doesn't mean that World First just quit doing business if you're a UK seller that's doing a business in the EU that services still can keep working for you. It's really only affecting the US companies that are based out in the United States and Canada. Joe: Okay so if we've got a US company or a Canadian company doing a $100,000 a year in revenue in the EU and they were using World First and they just default back to using Amazon what's the cost difference in terms of the exchange rate, what they're going to be left with? Jared: It's going to be pretty substantial. I mean if you're using Amazon, every two weeks Amazon sends your revenues back to you and if you have not entered an EU or UK based bank account those funds get exchanged by Amazon and sent to you every two weeks. And by default, the exchange rate that they're giving you is not what the market exchange rate is. It's actually the Amazon exchange rate they provide to you and it's over 3% off market. So if you're doing $100,000 in sales over there you can expect to only get $97,000 back or a little bit less than that because of the exchange rates that come that with your Amazon's platform. Joe: And if that same seller was using say you guys or World First what kind of rate would they have been getting? Jared: It would have been at least 3% better than what they were currently receiving at the time if they're through Amazon. Joe: I'm confused. Do the math for me. Jared: Amazon is around 3.75%. It's kind of where they come in at on their mark up on the exchange rate. Joe: Okay. Jared: Whereas if it's coming through GPS you're going to see significant or any other broker that is helping the Amazon sellers you're going to see significant reduction that oftentimes two to three or more percent back to you for those conversions. Joe: So you go from you're at 3.75% which is the default Amazon number … and these are just numbers that float and change I would assume. Are we looking at a full percentage point, two percentage points … are you talking 2% versus 3.75%? Jared: I would say for most of the brokers including GPS you're looking at two to three percent back in your pocket on the exchange. Joe: Yeah that seems really high just given that … I mean two to three percent. So you go from 100,000 if it's 3.75 with Amazon that's $3,750 you're going to save 3% by using GPS or if they were with World First is that only costing them 750? Jared: Yeah. Joe: Really? That's a huge difference. Jared: It's a huge difference. And that seems really high but in all reality that's actually pretty on par with a lot of other methods that are employed right now. If you're in e-teller and you have your own website. So you're selling on Amazon but you're also selling on your own website or in the UK your credit card processor is collecting those funds and oftentimes they're converting the foreign revenues into US dollars and placing them into your account. You're often losing 2.25% on that conversion and often a 1% to 1.25% cross border fee that's charged to you. And so that's 3.25 to 3.5% that you often lose on that conversion even if it's coming through a credit card processor that may be integrated to your Shopify account or some other online platform. So it seems really high but you'd be surprised that currency conversion buffer is in there for most conversions. Joe: Okay so a simple math again though if someone's doing $100,000 in foreign currency, a foreign land they're going to save 3% by using … if they were using World First or using a firm like yours. That's $3,000 for every 100,000. So if they're doing a million it's an awful lot larger. Just to break it down further for those that are listening if you've got a business and you're planning to exit in the next 12 to 24 months and you're paying these high numbers that Jared's talking about not only is it hurting your bottom line, taking money out of your pocket but you're also devaluating your business. If your business is worth a three time multiple of discretionary earnings, if you're losing 3,000 in currency exchange you're taking $9,000 off the value of your business. If you're doing a million overseas and that's going to be $90,000 off the value of your business in terms of these additional expenses. I had Mike Jackness on the podcast and hopefully, you guys listened to it a couple of weeks ago where we talked about his exit and one of his businesses. And he and Dave on eCom Crew always talk about that revenue is sanity… revenue is ego … I'm getting this wrong I know but profits are sanity. Too many folks focus just on the top line and don't focus on that bottom line profit; renegotiating cost of goods sold, looking at foreign exchange rates and making every dollar count will help you build a more valuable business. And it actually instills confidence in your buyers as well because they see that you're running a real business and you're doing what you can to make it as profitable as possible. All right so I ranted there for a moment Jared, sorry about that. You mentioned …at one point you said you can … if people are buying products in a foreign land are we talking about currency savings, cost savings if someone is buying product from China because a lot of folks have got e-commerce businesses are importing from China and spending tens of thousands if not hundreds of thousands a year. Is there an exchange rate opportunity … savings opportunity there when they're buying from a foreign manufacturer or did I misunderstand that? Jared: There is and you know there are two parts to that answer so maybe I'll dig in a little bit. China is unique. A lot of these products are coming out of China and a lot of these companies in China they want US dollars when they're selling to you. That has a lot to do with in the past you know China has controlled the exchange rate between the US dollar and the Chinese or in the CNY CNH [inaudible 00:15:59.3] names for the currency; Yuan. When you are sending money over there in the past they have often wanted to receive US dollars. And in a time period where the Chinese currency is weakening, that's just an added bonus to these Chinese suppliers when they receive US dollars and getting it converted to their currency. They receive more for it. So in China most of the time you'll see that it's really hard to get any pricing outside of the US dollar and if you're being priced in US dollars because the supplier knows that they're not going to get your payment for 30, 60, 90 days they don't know what the exchange rate is going to be in 90 days. And so the Chinese suppliers will actually increase the price of your product to add a little bit of a buffer in there just because if the exchange rate fluctuates they don't want to be out one or two percent or more because the rates have changed between then and when they actually receive the funds. Now China aside looking at all other countries where companies may be purchasing your product, if you're having to pay a euro invoice to buy your product you probably hop on a banking platform to purchase those euro and you'll notice that the exchange rate that you receive on that transfer is not what you can see online on Google or any of these other sites that are recording grain rate. And that's because the rates that you're seeing online through Google and these other locations like Bloomberg or Reuters those rates are averaged rates of transactions of 5 million dollars or more. Some of these are 10 million dollars or more and those are referred to as market trades. And so if you're trading blocks of 5 million or 10 million at a time into these other currencies those are the exchange rates that banks are trading with each other at. Now we little guys who are not purchasing blocks of currency that big, when we go and buy foreign currency and go to send it to that supplier the reason we don't get that rate the banks are getting is because there is risk associated with us buying those funds. And so the banks mark up the exchange rate and it really have a lot to do with volume. Somebody who's buying a million dollars at a time, a million dollars' worth of euro at a time is going to get much more favorable exchange rate than somebody who's buying a thousand dollars' worth of euro at a time. Joe: What about some of the other countries that are more likely to be countries that folks would manufacture in like India, Thailand, maybe even Mexico? I've seen a few of those. Is there a … for folks that are buying in those countries, manufacturing in those countries, is there a currency exchange savings opportunity for them and if so how do they go about doing it? Jared: There is on those and again if you're just using a typical bank to do those transactions that may not be the best opportunity for you. Reaching out to a broker or one of these other companies, World First, GPS, and looking into what type of exchange rate that they give you on sending those wires, that could be really substantial savings. And there's a bank here locally near me that charges $50 per outgoing wire transfer and that is not the cost of sending a wire. That's part of the cost. So it might cost you anywhere from $20 to $50 to send an international wire to pay a vendor but then there's also that foreign currency element. Maybe your bank just doesn't have a great relationship when sending money to Korea and so the exchange rate they provide to you might be 3½ % off of market plus the $50 wire fee or $20 wire fee to send the funds to that country. And so the savings can be quite significant but it's going to be on a bank by bank, provider by provider basis and also looking at what currency that you're purchasing. Joe: So how does it work? If I'm manufacturing in India and I'm placing an order for $40,000 worth of goods, would I work with a GPS to lock in that exchange rate and you wire the funds over in whatever the Indian currency is? What is the Indian currency? I want to put you in the spot. Jared: Indian Rupees. Joe: Okay. Jared: So if you're sending … and you picked a good one, India has some very interesting tax laws over there and so if you're buying from an Indian provider and they're pricing you in US dollars you'll often see an INR price … Indian Rupee price printed on the invoice. And if you take that Indian Rupee amount and you just look on Google to see what the exchange rate is and you convert it back into US dollars well now you've got a US dollar cost on the invoice and then the US dollar cost that you back in to from the rupees. If you compare those two, you'll often see a very significant difference. I've seen up to 5% built in to the pricing for you to pay them in US dollars and that has to do with the way the funds get converted in the country and whether they receive a certain type of tax credit. But there are opportunities where if you pay them an INR … Indian Rupees you might get four to 5% right off the top in savings just simply because they're not dealing with the riskiness of achieving a currency anymore. Joe: So if I was manufacturing and buying $40,000 worth of goods from India for instance and I work through GPS I could save that 5% because you'd be able to wire over and do it in that. Is that $2,000? Am I doing the math right? Jared: There is very much that chance. And not just GPS I mean almost any institution in the United States that is doing it for you rather than sending over dollars. I mean in this case you're just sending dollars over there and it's being exchanged in country. Joe: Right. Jared: By simply paying the invoice in Indian rupees you might be saving 4% right across; four to 5%. Joe: Wow. So … and this can be done in multiple countries. China … maybe the opportunity is not as big in China because they want US dollars. Is that right? Jared: Exactly right. Joe: Okay. Jared: They typically want US dollars but some that's changing. China would like to become more of a global player and their currency is becoming one of the reserve currencies in the World Bank. You're going to see that change over the next few years. And there's real opportunity there but there's also a risk that comes in to it as well. If you decide to start purchasing Indian rupees to pay that supplier there is a chance that the Indian currency would strengthen 5% over the next year. Joe: Can you lock it in in terms of … because when people are manufacturing products they're putting 30% down and the other 70% when it's inspected and going on the boat. And that usually all happens within a 12 week period. Jared: I know. You're exactly right. And so the timing may not be really wide on those payments and so maybe the market isn't real significant but if you start paying a foreign supplier in their local currency and that may give you back some … a little bit of a discount on purchasing your product, but you also have to then take into consideration that you're now at risk that the Indian currency could weaken 10% in your favor over the next 12 months so going in 12 week increments but a year from now if the currency has weakened 10% then it's 10% in your favor but if the currency has strengthened over the next year, a year from now it's now 10% against you. And so you may have to make decisions on how to lock exchange rate ahead of time on those purchases you're going to make. Or you may have to go back to the negotiating table in order to get your pricing down a little bit with the supplier. Joe: And just to include it, the owners of these businesses their eyes are probably on the back of their heads right now because they've got so many things that they're supposed to be experts on but they don't have to be here. They can hire a firm like yours to do these things for them right? Jared: Absolutely. Joe: Okay. Jared: I would always look at what your costs are doing. Sometimes these companies and this … I'm glad you've mentioned that because there's a big misnomer here where a lot of companies think I'm buying my product in US dollars so it doesn't matter where the exchange rate go. That's not actually true because if I'm in China and I'm receiving your US dollars and it's a hundred thousand dollars today, if the Chinese Currency strengthens 10% at the end of next year I'm only getting $90,000 worth of [inaudible 00:24:11.1] when I receive it. And so I have production costs in country and if I'm no longer able to be profitable I have to raise your price. And so some of your clients here they may see that they've been buying the same SKU for the last 10 years and then we see that the price of that SKU has gone up and down over the years even though they're only buying it in US dollars. And that has a lot to do with the exchange rate. If the costs go up and down to the supplier they have to adjust the pricing even if it's in US dollars. Joe: Okay. You had mentioned something earlier about I think I heard you say EU bank account if you don't have one the funds are going back to your US account and charged in exchange rate. For those that are selling in the EU let's say via Amazon are you … or should they have an EU bank account and can you do that if it's a US institution or US corporation? Jared: Okay so that's a really good question. Let's look at that in a couple of parts. So one is if I'm selling into Europe, I'm selling into the EU, let's use Germany as example. If I'm selling my products into Germany on Amazon if I don't log on to my seller central account over there and punch in a Euro bank account Amazon automatically converts the funds to dollars every two weeks. So you have an option if you could go over and get an account in the EU set up. So you go to Germany and set up an account in country. You could have those funds go to that Euro account and pool into that account and if that account has online access you could manage it from here in the United States and send the funds back to you however often you want. Joe: Just to be clear you're saying … you mean a bank account not a Seller? Jared: A bank account, yes. Joe: Okay. Jared: So you can open an in-country bank account. Joe: Can you set up an in-country bank account in all of the EU countries if you're a US corporation or LLC? Jared: You're likely going to have to go over and register in country. Joe: Okay. Jared: So there is going to be some tax Nexus situations that are created by that. So another option you have is you can go to your bank here in the United States. You can go to a GPS and you can say I would like to get an account in-country over in EU. And so in the case of GPS, we would open an EU account for you in euros and this is referred to as a multi-currency account. And this multi-currency account is an account that is assigned to you. You're likely not going to have to register any country that you use this account. And then you can now take your euros and login to your Seller Central account and plug in that euro account into Seller Central and now those euros are going to pool into your own multi-currency account. One of the big advantages of that account is if you have cost in Europe so you have to pay VAT back. You can simply take those funds and pay those taxes out of your own account … this account, this multi-currency account. Or you can take all the funds and convert it back to US dollars. Joe: I got you. You know I … we had Avask Accounting on the podcast in 2018 talking about that. And I do know that they actually help people set up EU bank accounts as well as part of it. And folks can find them at AvaskAccounting.co.uk. And then use a company like Jared's for the foreign exchange as well. Just quick math if based upon what we've talked about is somebody doing $100,000 in revenue they're going to save a couple of percentage points; $2,000 by making sure they're using good foreign exchange. And then if they're not; if they're manufacturing overseas, if they can save another 5% on that $40,000 inventory purchase that's in India for instance that's another $4,000. Folks that $6,000in savings, money in your pocket and if you're selling your business for a three time multiple that's $18,000 added on to the value of your business. And you can adjust that number in any way that you want. But these are the things that matter when you are growing your business with an eventual exit in mind or if you're buying an interest … buying a business and you want to increase the discretionary earnings and build equity right away. These are some of the things you can look at. Jared, I appreciate your time here. It's a complicated subject. How do they find you? What is your web address and how can they reach out to you either via e-mail or finding your website? Jared: Okay so our web address is www.gpsfx.com and to get in touch with us it's just usually a phone call at 801-984-1080 and then I can send you my e-mail but I'll state it here as well. My email is jvanorden@gpsfx.com. Joe: Awesome. That's great. Jared: And if people just have questions I'm happy even just to answer questions that point you in the right direction. If someone has listened to this and they're like I think I have this but I just need some help on it I'm happy just to point you in the right direction as well. Joe: I appreciate that. That's why we have you on because you're here to help first and build value so I appreciate that. Folks I would encourage you to reach out to Jared and his team over there and see if you're overspending and if you've got some savings there. Jared, I appreciate your time. I look forward to seeing you at the Prosper Show. Jared: Thanks, Joe. You too. Links and Resources: GPS Capital Markets Contact Jared
MONEY FM 89.3 - Prime Time with Howie Lim, Bernard Lim & Finance Presenter JP Ong
Citi's Senior Technical Strategist Shyam Devani spoke to PrimeTime about market sentiment after the Fed decided to not hike rates for 2019. He also touched on inverted yield curves, US-China trade talks, and why he's interested in the Indian Rupee.
Here are the top cryptocurrency news headlines from India this week:Indian Government worried that cryptocurrencies may destabilise the Indian rupee: https://cryptodost.io/india/indian-government-worried-that-cryptocurrencies-may-destabilise-inr.htmlInternational legal firm submits recommendations to the government panel on cryptocurrency regulations: https://cryptodost.io/india/international-legal-firm-submits-recommendations-for-cryptocurrency-regulations-to-government-panel.htmlIndian cryptocurrency exchanges announce support for the BitTorrent token airdrop for TRON holders: https://cryptodost.io/india/which-indian-cryptocurrency-exchanges-are-supporting-the-free-btt-airdrop-for-tron-holders.htmlCanadian cryptocurrency exchange CEO dies in India taking with him private keys worth 250 million dollars: https://cryptodost.io/news/canadian-crypto-exchange-ceo-dies-in-india-exchange-in-a-soup-because-only-he-had-access-to-user-funds.htmlAnd finally, we look at some more cryptocurrency exchange updates.
India Rising: Strategic Affairs Conversations with Mohal and Kishor @mohaljoshi @veggiediplomat Turkey's currency Lira collapsed to all time lows recently triggering a wide spread collapse of currencies of emerging markets from around the world including the Indian Rupee. This episode looks at the strained US-Turkey relations causing the Turkish economic meltdown in addition to understanding the Indian Rupee's slide compared to the US Dollar. Cover tune: Hand In Hand by Nicolai Heidlas | https://www.nicolai-heidlas.com Music promoted by https://www.free-stock-music.com Attribution 4.0 International (CC BY 4.0) https://creativecommons.org/licenses/by/4.0/
In Episode 2 of InvestStream, Pankaj and Harjit discuss the resignation of Urjit Patel, the RBI Governor, the outlook for the Indian Rupee, Google’s acquisition of Where’s My Train, Siftery’s exit, and funding rounds raised by NinjaCart and Roposo. We then turn our attention to Bitcoin and blockchain. --- Send in a voice message: https://anchor.fm/pjain/message Support this podcast: https://anchor.fm/pjain/support
It has not been a good year for emerging markets or their currencies, but the drama this week is concerning. It started with the Indian Rupee continuing its daily march to new record lows and by Tuesday was witnessing the Pakistani Rupee’s stellar dive, thanks to the announcement of another IMF bailout. It makes you wonder: what’s going on? The answer short answer is: problems with current account balance deficits. Since that’s an answer that leaves a lot to be desired, Ed and Scott dive deeper into the economics behind these problems. They discuss whether the situation is as bad as everyone seems to be suggesting, and what, if anything, can be done about it.
How do actions by President Erdoğan in Turkey affect the Indian rupee? What is the emerging market crisis that business channels keep talking about? How does changing geopolitics in the Middle East affect everyone from Brazil to China to Pakistan? Narayan Ramachandran returns to the Pragati Podcast on episode 60 to explain the great game of dominoes that is macroeconomics. Narayan is co-founder and Fellow at the Takshashila Institution, a social entrepreneur and an emerging market investor. He writes a regular column in Mint called A Visible Hand. Have any questions for Narayan, or hosts Hamsini Hariharan and Pavan Srinath? Write in to podcast@thinkpragati.com. You can buy a compilation of Narayan's best essays on Amazon: https://www.amazon.in/Visible-Hand-Intersection-Economics-Politics/dp/8193197607
In Episode 106 we welcome market vet, Brian Singer. Meb dives right now, asking Brian for his general approach to the markets. Brian tells us it’s fundamental in nature. They look at about 100 different asset markets, trading the broad markets rather than individual equities or bonds. They look for mis-pricings, then when one has been identified, they dig in, running both quantitative and qualitative analyses. They follow this with various risk management strategies. The overall portfolios are both long and short. As Brian often writes about macro factors that affect asset prices, Meb asks which macro factors are influential today. Brian gives us his thoughts – not just on macro factors, but game theaters as well. He talks about populism, energy (which ties into the Middle East game theater), and Chinese growth. Additional game theaters beyond the Middle East he discusses are the European Union and Asia. Next, Meb asks about Brian’s process. How does it really work when you’re putting together a portfolio? Brian starts with valuation work. Specifically, they focus on the present value of future cash flows. They then assess things from a qualitative perspective – for instance, how might a certain government policy affect markets? They don’t look at markets on a company-by-company basis. It’s a macro approach, with fundamental value being a critical component. All of this is the “where” stage in Brian’s process. Next is the “why?” For instance, why does an asset mis-pricing exist? This eventually leads to game theory and an assessment of market turbulence and fragility. Meb brings up Brian’s portfolio and asks about his current positioning. In general, Brian is cautiously optimistic on some equity markets, but generally against bonds. What he finds attractive right now from an equity perspective are Emerging Markets and some European markets. He’s especially attracted to Greece, Brazil, Argentina, and India; and to a lesser degree, China, Indonesia, and Malaysia. Brian talks more about Italy, Spain, and the UK. Brian tells us most bond markets are unattractive. He gets into more detail regarding investment grade bonds, sovereigns, and junk. Soon, the guys dive into currencies. Though most investors tend to think “it’ll all net out in the long run,” Brian takes a more active approach. The specific currencies he finds attractive right now include the Swedish Krona, Indian Rupee, Russian Ruble, Philippine Peso, and Turkish Lira. As to overvalued currencies, he points toward the U.S. Dollar, the Euro, the Swiss Franc, the Thai Baht, and the Israeli Shekel. Next, Meb asks what is keeping Brian up at night as he looks at the markets today. Brian points toward four major concerns: monetary policy, rules-based strategies such as smart beta, the Volcker Rule, and circuit breaker inconsistency. He dives into tons of great detail that supports the notion for some concern, concluding “We don’t know what will trigger the decline, but when it happens, our fear is that it’s sharper and deeper than investors would otherwise expect.” There’s plenty more in this episode: Brian’s thoughts on what steps can be taken to help protect against a declining market… his stance on cash in a portfolio… whether the 10-year bond will ever get back to 4%-5%... and finally, Brian’s most memorable trade. This one involves Black Monday. Hear all the details in Episode 106.
Design nuances of Indian Rupee Symbol - What were the design goals while designing the rupee sign? I mean visual harmony, culture, context and any other considerations? - What were you design goals before getting to work? - What was your process to evaluate that the symbol you made will work across? Size, color, shape, context, language etc.. - What should be the process if someone has to design for a wider set of people? - What is the significance of horizontal lines vs vertical lines in the currency symbols? - What is your perspective about making design which is immortal? Is it possible since you have made something which is equivalent to our national anthem? - What will be your top 2 goals if you were going to design the 2000 rupee note?
Topics in this episode include Trump transition and media coverage of that, a few snow-flake school stories, a Yellowstone tragedy, the Indian Rupee and the push for a cashless society. Caldwell Madison Review is a discussion and analysis of news media, politics and current events. Music Credits: Moonlight Hall Heartbreaking by Kevin MacLeod (incompetech.com) Licensed under Creative Commons: By Attribution 3.0 http://creativecommons.org/licenses/by/3.0/
This episode attempts to scratch the surface on all the news regarding Trump's upcoming presidency, media bias, media confusion, Indian Rupee and a few other newsworthy items. Caldwell Madison Review is a discussion and analysis of news media, politics and current events. Music Credits: Oppressive Gloom Heartbreaking Parting of the Ways - Part 1 by Kevin MacLeod (incompetech.com) Licensed under Creative Commons: By Attribution 3.0 http://creativecommons.org/licenses/by/3.0/
In this episode, James Oates demonstrates LookTel Money Reader on an iPhone5 running iOS8.1.2. LookTel Money Reader instantly recognizes currency and speaks the denomination, enabling people experiencing visual impairments or blindness to quickly and easily identify and count bills. Point the camera of your iOS device at a bill and the application will tell you the denomination in real-time. Twenty one currencies are supported: the US Dollar, Australian Dollar, Bahraini Dinar, Brazilian Real, Belarusian Ruble, British Pound, Canadian Dollar, Euro, Hungarian Forint, Israeli Shekel, Indian Rupee, Japanese Yen, Kuwaiti Dinar, Mexican Peso, New Zealand Dollar, Polish Zloty, Russian Ruble, Saudi Arabian Riyal, Singapore Dollar, and United Arab Emirates Dirham.
In this episode, James Oates demonstrates LookTel Money Reader on an iPhone5 running iOS8.1.2. LookTel Money Reader instantly recognizes currency and speaks the denomination, enabling people experiencing visual impairments or blindness to quickly and easily identify and count bills. Point the camera of your iOS device at a bill and the application will tell you the denomination in real-time. Twenty one currencies are supported: the US Dollar, Australian Dollar, Bahraini Dinar, Brazilian Real, Belarusian Ruble, British Pound, Canadian Dollar, Euro, Hungarian Forint, Israeli Shekel, Indian Rupee, Japanese Yen, Kuwaiti Dinar, Mexican Peso, New Zealand Dollar, Polish Zloty, Russian Ruble, Saudi Arabian Riyal, Singapore Dollar, and United Arab Emirates Dirham.