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Rietumu switches operating currency to EUR amidst reputation crisis in Latvian banking sector The board of Rietumu banka, which is widely regarded as the most successful of Latvia's numerous banks specializing in "non-resident" business, has changed its operating currency of its customers to the euro, amidst a reputation crisis in Latvia's banking sector, the bank told the press March 14.
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Li Ka-shing's Flagship Lost HK$1.2 Billion in Currency Hedging Li Ka-shing's Flagship Lost HK$1.2 Billion in Currency Hedging. By. Justina Lee. @justinaknope More ... The losses offset gains from converting the conglomerate's foreign-currency earnings into the weakening Hong Kong dollar, which is pegged to the greenback. The company has not entered any ...
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Abra Unveils Mobile Crypto Wallet with Multiple Currency Support Imagine a single application for a cryptocurrency wallet and exchange that supports 70 currencies; one that also allows its users to buy, sell and hold currencies anywhere in the world without transaction fees. The good news is that such a product now exists. On Thursday, Abra announced the launch of ...
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PAI, Planet Payment renew contract for direct currency conversion at ATMs Payment Alliance International, the nation's largest privately held ATM provider, and Planet Payment Inc., a provider of international and multicurrency payment processing services, have announced a multiyear contract extension for PAI's real-time dynamic currency conversion solution for ATMs ...
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Hydro powers US crypto-currency Ormeus Coin is sourcing electricity from the 2GW Moses-Saunders hydro project on the US-Canada border for a new cryto-currency mining operation. The hydro project, near the Niagara Falls, has just over 1GW of capacity on the Canadian side of the border and 912MW in New York state in the US.
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Weekly Bond Bulletin: A currency tug of war The euro's upward march against the US dollar has been on hiatus since the end of January. How do the arguments for the two currencies stack up, and where might they go from here?
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