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The SNB continued its policy of currency intervention to prevent excessive appreciation of the Swiss franc (CHF), particularly in the context of the European debt crisis. Reserves surged to over $800 billion by 2014 as the SNB purchased large amounts of foreign currencies to stabilize the franc. In 2015, the SNB shocked markets by abandoning ...
The dollar is the most widely used currency in international transactions, [4] and a free-floating currency. It is also the official currency in several countries and the de facto currency in many others, [5] [6] with Federal Reserve Notes (and, in a few cases, U.S. coins) used in circulation.
In 1893 the Indian rupee of 10.69 g fine silver was fixed at 16 British pence (or £1 = 15 rupees; gold–silver ratio 21.9), with legacy silver rupees remaining legal tender. In 1906 the Straits dollar of 24.26 g silver was fixed at 28 pence (or £1 = 8 4 ⁄ 7 dollars; ratio 28.4).
The Nepali rupee has been tied to the Indian rupee at an exchange rate of 1.6 for many years. Per capita income is $1,004. [ 212 ] The distribution of wealth among the Nepalis is consistent with that in many developed and developing countries: the highest 10% of households control 39.1% of the national wealth and the lowest 10% control only 2.6%.
PIO cardholders must apply to convert their existing cards into OCI cards. ... which amounted to nearly $3.5 billion in 2013/2014. [170 ... and these incomes are free ...
PK (2014) was the first Indian film to collect ₹ 2 billion overseas, [28] [29] [30] and Dangal (2016) is the first Indian film to exceed ₹ 10 billion and $100 million overseas, [31] including ¥1.299 billion [32] ($196.89 million) [33] from China.
The PIL alleged that RJIL was allowed to provide voice telephony along with its 4G data service, by paying an additional fee of just INR 16,580 million (US$280 million) which was arbitrary and unreasonable and contributed to a loss of INR 228,420 million (US$3.8 billion) to the exchequer. [113] [114]
James Cameron wrote, directed, and produced Avatar. Avatar was released in December 2009 and went on to break multiple box office records in various markets. Worldwide, it became the highest-grossing movie of all time and the fastest movie to gross $1 billion through $2.5 billion, while also setting the records for the highest grosses in the 3D and IMAX formats, respectively. In its domestic ...