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China central bank will launch crackdown on virtual currencies BEIJING (Reuters) - China's central bank will launch a crackdown on all types of virtual currencies this year, a vice governor of the central bank said on ... The central bank will also push forward the research and development of its own digital currency this year, Fan Yifei said in a statement posted on the ...
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Blockchain and possible impact on currency handling Blockchain leads to the concept of digital currency or crypto currency of which Bitcoin is a good example. There are other lesser known currencies including Ethereum, Ripple Litecoin etc. and more are in the offing. The more important question is how can crypto currencies which have no intrinsic value ...
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Rand unchanged as market mulls Kganyago's view that currency is 'overvalued' The local currency had shown little reaction to Reserve Bank governor Lesetja Kganyago's surprise view that the rand might be "overvalued". Previous governors of the Bank treaded cautiously on predictions about the rand, as that might be interpreted as a signal to the market. TreasuryOne analyst ...
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Euro edges higher after German jobs strength The single currency had been on the back foot earlier in the day as the dollar showed some strength, but the German data helped the euro recover. It traded 0.1 percent up at $1.2318 against the dollar but its gains were tempered by German inflation figures easing a slight slowdown in price rises.
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Angolan Currency Reserves Decline to an Eight-Year Low: Chart (Bloomberg) -- Foreign-currency reserves in Angola, Africa's second-biggest oil producer, declined to $12.8 billion in February, the lowest since January 2010, central bank data show. The southeast African nation, whose reserves peaked at $34 billion in September 2013, is curbing the amount of money ...
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