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Bitcoin, an 'Uber' currency, not without risk Virtual currencies could also prove attractive to economic players in countries such as Zimbabwe or Venezuela, whose fiat currencies have been ravaged hyper-inflation. Caracas, for example, has had to issued a new 100,000-bolivar bill, when just a year ago, the biggest-denomination banknote was ...
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Khachapuri for Foreign Currency Earners The FINANCIAL -- The average cost of cooking one standard Imeretian khachapuri in October 2017 was 3.64 GEL, which is 0.2% higher month-on-month (compared to the previous month), and 7.2% higher year-on-year (compared to the same month of the previous year). However, for those people ...
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Next stop $10000? Bitcoin's incredible surge hits new heights The virtual currency rocketed above $9,000 for the first time on Sunday and was trading above $9,500 by Monday morning in Asia. Stock markets around the world have been on a tear this year, but their gains are paltry compared with bitcoin's. The digital currency, which only rose above $8,000 about a ...
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Euro at two-month high on upbeat German sentiment data, political hopes The common currency now faces a test at $1.1965. That level is the 76.4 percent retracement of its decline from a 2 1/2-year peak of $1.2092 touched on Sept 8 to a 3-1/2-month low of $1.1553 set on Nov 7. It has gained 3.2 percent from that low. The euro rose to 133.24 yen, its highest since Nov 16 and ...
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Finance minister says to 'firmly' cope with Korean currency's rise SEJONG, Nov. 27 (Yonhap) -- South Korea's finance minister said Monday the government will "firmly" cope with the Korean currency's rise against the U.S. dollar as the won's rally pushed the exchange rate to a 2 1/2-year high. Finance Minister Kim Dong-yeon told reporters that the won's rally is mainly ...
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EM ASIA FX-Most Asian currencies adrift ahead of Powell Senate hearing Nov 27 (Reuters) - Most Asian currencies drifted on Monday and the dollar was flat before Jerome Powell, President Donald Trump's nominee to head the Federal Reserve, appears at a Senate confirmation hearing Senate on Tuesday where his policy views will be put under a microscope. The dollar ...
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Home owner willing to accept Bitcoin as payment could make history "There's a lot of people with crypto-currency we believe there's an opportunity to tap in to that market and accept some," he said. This could be the first-ever home sold in Australia using Bitcoin. (9NEWS) Robert Gadd admits it's a risk but he's willing to take it. (9NEWS). Bitcoin operates as peer-to-peer ...
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Reuters: Romanian PM criticises central bank for not stemming currency weakness Romanian Prime Minister Mihai Tudose criticised the central bank late on Thursday for not intervening to stop the leu currency from weakening and suggested commercial banks may have contributed, Reuters correspondent reports. The bank's spokesman said the bank's board will likely request a ...
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