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Seigniorage is basically the difference between the face value of a currency and the ... be in the range of 5.5-6.5% of the RBI’s balance sheet. This was adopted by the RBI in 2019.

The big and beautiful bill is absolutely necessary, but it is not nearly enough to rescue the nation from fiscal disaster.

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"Based on the tariffs as of today's date, which are still subject to change, we expect to face an increase of up to $150 million to our cost of goods sold in fiscal year 2026 and with the related ...

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