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| Germany to add China's yuan to currency reserves Germany's central bank has said it will include China's yuan in its reserves, giving another boost to Beijing's drive to internationalize the currency and helping send the unit to two year highs. The Bundesbank said its board had decided in July to invest in the renminbi, as it is also known, to take account ...
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| Court suspends order on De La Rue currency printing tender High Court Judge George Odunga has temporarily suspended the Public Procurement Administrative Review Board (PPARB) decision that nullified the currency printing tender awarded to De LaRue Company. Odunga further consolidated the two matters that had been filed by CBK and De La Rue and ...
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| Currency: Rupee strengthens against dollar KARACHI: The rupee strengthened against the dollar at Rs110.2/110.4 in the inter-bank market on Monday compared with Friday's close of Rs110.4/110.6. In the last few weeks, the rupee has cumulatively shed over 4% of its value after the central bank reportedly abstained from intervening in response ...
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