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Venezuela to make digital currency amid financing crisis President Nicolas Maduro announced on Sunday that Venezuela would create a digital currency to combat a financial blockade by the United States (US). It will be called "Petro" and be backed up by Venezuela's reserves of oil and gas as well as its gold and diamond holdings, Maduro said in his ...
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New currency 'Gostoso' on the rise in Brazil The 'Gostoso', a solidarity currency created in the distant Brazilian municipality of Sao Miguel do Gostoso, is increasingly replacing the Brazilian real, the euro and the US dollar in a city where the number of foreign residents and tourists has been on the rise in recent months. The local currency ...
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Curb scourge of currency speculation IT is commendable that the report of the Royal Commission of Inquiry (RCI) established to ascertain the truth about the forex losses suffered by Bank Negara in the 1990s has been presented to Parliament. Unfortunately, it was not debated since it was presented on the last day of the parliamentary ...
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