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| Another company moves HC against RBI circular on crypto-currency A company engaged in trading in crypto-currencies has challenged an RBI circular, prohibiting banks and financial institutions from providing services in relation to such virtual currencies, in the Delhi High Court. The plea was yesterday listed for hearing before Justice Rajiv Shakdher, who asked the ...
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| Argentina Joins Venezuela In The Currency Crisis Club In interviews, whenever I try to make the case that US policies are leading to the kinds of currency disruptions common in developing countries, I say something like, "For a glimpse of America's future, take a look at Argentina, where they're eating cats and dogs because of hyperinflation … wait, no, ...
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| Nigeria: FBN, Stanbic, Stanchart, Zenith Appointed Settlement Banks for Naira/RMB Currency Swap First Bank of Nigeria Limited, Stanbic IBTC, Standard Chartered Bank (SCB) and Zenith Bank Plc have been appointed the settlement banks for the $2.5 billion bilateral currency swap agreed between the Central Bank of Nigeria (CBN) and the People's Bank of China (PBoC) which was announced ...
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