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| Worthless currency becomes art, of sorts, in struggling Venezuela Venezuela's currency has lost so much value that people simply throw away their small bills — they are virtually worthless anyway. Enter Wilmer Rojas, 25, who scoops them up off the street, uses an origami-like folding technique, a needle and thread to make handbags with an eye to selling them ...
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| Two arrested for circulating counterfeit currency The District Crime Intelligence Bureau arrested two persons here on Wednesday for allegedly circulating counterfeit currency. A sum of ₹26,000 has been seized from them. The accused have been identified as Amjad Pasha, a carpenter, and Mousin Khan, a tailor. Both are residents of Tipu Nagar.
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| Coming Soon from BEP: America's Founding Fathers 2018 Currency Set The Bureau of Engraving and Printing (BEP) is pleased to introduce the "America's Founding Fathers 2018 Currency Set". Each historic set features a Series 2013 $1 note from the Federal Reserve Bank of Philadelphia and a Series 2013 $2 note from the Federal Reserve Bank of San Francisco bearing ...
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| Pernod Ricard drinks to an improved 2018 but currency exchange bites Sales in the first half of 2018 grew 5.1 per cent to over €5bn (£4.4bn) on an organic basis, but reported growth was 0.4 per cent due to the impact of currency exchange. The group raised guidance for full-year profits to between four and six per cent growth in earnings before interest and tax, up from an ...
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| Currency basis swap Usually, basis rate swap cash flows are netted based on the difference between the two rates of the contact. 5 – 5 b). In a cross currency basis swap, If your home currency is falling against a foreign currency you want, a cross-currency basis swap could help. We find that Cross Currency swaps are also ...
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| Bad week for markets? Not a bit of it Was it a market turmoil, a crash? Or just a jolt, a correction? Whatever your description of this week's equities sell-off, it adds up to a healthy adjustment to a market that is better placed for volatility, as the world gets used to rising inflation and rate rises. That's the view of Max Kettner of Commerzbank, who ...
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