Why do Indians keep asking for the ‘Indian rupee’ and why are people so obsessed with the rupee?

Indians keep calling the rupees "Indian rupees" because, in reality, the ruah is a global currency and not a national currency.The currency, in fact, was established in India by the British in the 17th century as an equivalent of the U.S. dollar.The rupee is not a global unit of account.In the 21st century, the dollar and the ruhat are the world's major currencies.Indians, on the other hand, use...

Which bank is the worst offender when it comes to mortgage-backed securities?

Posted November 03, 2019 07:02:38The housing market is so saturated that banks are charging as much as $10,000 for a mortgage-related loan, and more than $40,000 per month for a home equity line of credit, according to a new analysis.The analysis, released Thursday by the Federal Reserve Bank of New York, said the banks charged the most in fees and fees for mortgage-linked and securitized loans...