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| Venezuela City Issues Own Currency to Combat National Cash Crisis Venezuela's national currency, the bolivar, has plummeted in recent years amid a crippling economic crisis. Prices are doubling nearly every month and basics such as food and medicine are nearly unavailable. On top of that, there are shortages of cash itself, making basic transactions impossible.
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| Investors eye currencies for trade-war risk Another explanation for the currency calm is that many market watchers do not believe Mr. Trump will follow through on his threats. David Bloom, head of global currency research at HSBC, is convinced U.S. officials may find a weaker dollar an easier solution in their bid to slash the huge U.S. trade ...
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| RBI reveals process of disposing demonetized currency worth Rs 15.28 trillion (G.N.S) Dt. 18 New Delhi Demonetised Rs 500 and Rs 1,000 notes, which have been counted and processed for genuineness, are shredded and briquetted before being disposed of through a tendering process, the RBI has said. The central bank had earlier estimated the value of old Rs 500 and Rs ...
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| Why Amazon Payments Could Use Litecoin (LTC) For Employees and Associates Amazon would have to contend with the issue of taxes and other government regulations inherent with paying wages (particularly in the U.S.), but that is not a limitation of the form of payment and could largely be handled pre-currency selection. Litecoin presents a fully digital form of payment that also ...
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| Ethereum (ETH) and Bitcoin (BTC) Price Technical Analysis: Bears Control Weekend Trading Bitcoin (BTC) price is currently exchanging hands at $7,770 in a highly negative market. The price has gone from trading above $8,200 to last week's lows. The currency seemed to have found support at the 23.6% Fib retracement level, the bulls were overwhelmed and the price continued to decline.
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| Pepsi starts production in Zim INDIAN soft drinks manufacturer, Varun Beverages, has started manufacturing operations in the country, but says the cost of setting up its plant might spiral from the initial budget of $30 million to about $40 million due to foreign currency shortages. Most companies in Zimbabwe are struggling to procure ...
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