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Singaporeans beginning to buy less ringgit as currency strengthens SINGAPORE: The rise in the ringgit against the Singdollar has sent demand for the Malaysian currency plunging at some money changers in Singapore. Mohamed Rafeeq, the owner of Clifford Gems and Money Exchange at Raffles City mall, told The Straits Times that sales of the ringgit are down about ...
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Indian police seize cache of banned currency in Uttar Pradesh NEW DELHI, Jan. 17 (Xinhua) -- Indian police seized a huge cache of banned currency notes in northern Indian state of Uttar Pradesh, officials said Wednesday. The haul was seized in Kanpur city. "We have seized a huge cache of demonetised Indian currency notes here," a police official posted in ...
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Currency exchanges on decline but remain charity cash cows Though the Foreign Currency Exchange industry is in decline, Miami-Dade County is on track to approve a new lease and concession agreement to the Immigration and Customs Enforcement contractor that has been providing services to the county for the past 26 years, keeping all currency exchange ...
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Dear bitcoin fans, digital currency is still a dream I first began thinking about digital currency in the mid-1990s when I met a brilliant cryptographer and mathematician named David Chaum, who had invented what he called electronic cash, or e-cash. It did exactly what bitcoin purports to do: allowed people to use virtual money, stored on their computer, ...
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Saudi Arabia depositing $2 billion in Yemen central bank to back currency RIYADH: Saudi Arabia's King Salman ordered a deposit of $2 billion to be paid into Yemen's central bank on Wednesday to shore up the weak Yemeni currency, the Saudi government said. The move was made a day after the Yemeni prime minister issued a public plea for funds to prop up the rial and ...
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Digital currency company to expand in Virginia Beach The new location will house the firm's corporate headquarters and the computers and systems necessary to mine digital currency and support other ... clearing begins in derivatives, Bcause claims it would become the only venue to serve as a one-stop shop for all parts of the digital currency value chain.
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Germany to add yuan to currency reserves BEIJING • Germany's central bank has said it will include China's yuan in its reserves, giving another boost to Beijing's drive to internationalise the currency and helping send the unit to two-year highs. The Bundesbank said its board had decided in July to invest in the yuan, to take account of its growing ...
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