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SGX pips NSE in currency futures for first time Ease of operations appears to be taking traders beyond India's eastern water margin, as Singapore is seen to offer greater liquidity and extended trading hours. Since November, SGX has taken a clear lead, persistently pulling well ahead of the NSE by way of open interest in currency futures.
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Bank of Israel considers issuing digital currency for faster payments The Bank of Israel has been examining the likelihood of a state-sponsored currency for several months, but the decision rests on the government if to give it a green signal or not. The value of digital shekel reportedly will be equal to the value of physical shekel. Cryptocurrencies allow parties to transact ...
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Which Nation Does the World Trust Most? (Hint: Follow the Dollar) When the Chinese economy grew at a double-digit pace last decade and its currency appreciated strongly, many forecasters thought it would match the size of the American economy by now. Instead, following a significant slowdown, China is on pace to catch up to the United States by 2030 — and then ...
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What's the true value of bitcoin? A Morgan Stanley analyst says it might be zero He concluded that due to the fact that there is no interest rate attached to bitcoin, it could not be considered a true currency the way the dollar or the euro are considered currencies. He did concede that bitcoin shared some similarities with precious materials such as gold, but noted that, unlike gold, ...
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WEB | ||||||
Can I change the currency of Accounts Receivable account? Now when I try to enter an estimate for a Pakistani client who will pay me in PKR, I get an error: "You cannot use Accounts Receivable (A/R) - USD account. The currency of the account must either match the transaction currency or be your home currency". I created Accounts Receivable - PKR but there is ...
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