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Twitter CEO: Bitcoin will be world's 'single currency' within 10 years Speaking with The Times of London Wednesday, Dorsey said: "The world ultimately will have a single currency, the internet will have a single currency. I personally believe that it will be Bitcoin." But how long until that's a reality? Dorsey told The Times of London that it would probably take more than 10 ...
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Can varying currency strength set off trade wars? According to Bloomberg economist, Tamara Henderson, exports from India and China are most likely to be impacted by currency strength. This trend has been the strongest in Indian context in the decade leading up to 2017, followed by China and Malaysia. Singapore is an interesting exception, where ...
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Venezuela president solution to inflation: Change money President Nicolas Maduro attempted to tackle Venezuela's staggering inflation Thursday by lopping three zeros off the increasingly worthless currency called the bolivar. New bills replacing those like the current 100,000 note — worth less than 50 U.S. cents on the commonly used black market — should ...
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Chandrababu Naidu again demands ban on big currency notes AMARAVATI: Andhra Pradesh Chief Minister N. Chandrababu Naidu on Thursday demanded ban on big currency notes, saying this will help root out corruption and curb the money power during elections. Speaking in the assembly, he sought that the Rs 2,000 and Rs 500 notes should be withdrawn ...
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Currency: Rupee weakens against dollar KARACHI: The rupee weakened against the dollar at Rs114.3/114.5 in the inter-bank market on Wednesday compared with Tuesday's close of Rs114/114.2. Since December, the rupee has cumulatively shed close to 9% of its value after the central bank reportedly abstained from intervening in ...
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