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China's currency is still nowhere near overtaking the dollar for global payments China is on a drive to promote the use of its currency globally but the yuan is still far from upsetting the greenback, according to an important global metric. Data released this week from Swift, the global interbank system that transfers trillions of dollars worth of currency daily, showed that just 1.61 percent ...
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Bitcoin is not a currency In recent weeks various voices have confirmed the fact that bitcoin is not a currency. First there was the Israeli central bank who came out to state that they do not recognise virtual currencies such as bitcoin as actual currency. Then there was Stripe, a leading global payment processing company and ...
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'Govt decision to eliminate use of crypto-currency is a welcome step' After months of speculation, the end of the road seems to be nearing for crypto-currencies in India. Union Finance Minister Arun Jaitley, in his budget speech, has stated that crypto currencies are not a legal tender. Rahul Agarwal, Director, Wealth Discovery, maintained that the government's decision to ...
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Kerb Currency Market 1 February 2018 KARACHI, (UrduPoint / Pakistan Point News - 01st Feb, 2018 ):Following were the Opening Rates of foreign currencies in kerb market issued by the Forex Association of Pakistan (FAP), here on Thursday. F.C LOW RATE HIGH RATE U.S $ (Inter Bank) 110.55 110.65 U.S $ (Cash Free Market) 111.75 ...
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America Winning 'Cold Currency War' to Weaken Dollar, Pimco Says The U.S. is fighting -- and winning -- a "cold currency war" as it seeks to weaken the dollar, according to Pacific Investment Management Co. The greenback's nearly 12 percent plunge since the start of 2017 is being fueled by fiscal and monetary policies as well as rhetoric intended to debase the U.S. ...
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Fair exchange currency Pacific Foreign Exchange Inc provides currency exchange services in san francisco bay area. See how online currency exchange programs provide and uncertainty about the current currency exchange rates — and the availability of a fair currency exchange Exchange currency at Travelex Erina, save ...
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