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| Venezuela city issues own currency to combat national cash crisis SAN CRISTOBAL, Venezuela (Reuters) - A western Venezuelan city began to issue its own currency this week to alleviate the hyper-inflationary country's cash crisis. The "Elorza" currency, with bills featuring the face of local independence leader Jose Andres Elorza, will be valid in the city of Elorza, near ...
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| Fake currency racket busted, five arrested Police said each of the arrested persons had agents, who were involved in the circulation of the currency in Nuapada and Kalahandi. The agents would make gullible villagers their targets and get commission from their bosses. Police are yet to know the volume of counterfeit currency that has gone into ...
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| Regional parliament seeks updates on implementation of common currency The East African Legislative Assembly has tasked the East African Community Council of Ministers, the governing organ of the EAC, to shed light on steps taken by the bloc on the implementation of a common currency. The question was put to Dr Ali KirundaKivejinja, Uganda's Minister for EAC Affairs ...
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| Libyan central bank studies adjustment of local currency exchange rate TRIPOLI, March 17 (Xinhua) -- The Central Bank of Libya is studying adjusting the local dinar's exchange rate after the rise of foreign currency exchange rate in the parallel market, a Bank official said on Saturday. "We have reached important results formulated as proposals to address the financial and ...
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| Performance of Iran's gold & currency markets on March 17 The gold coin was traded in Iran at 16,130,000 rials (about $337.7 according to the currency rate in Iran's free market) on March 17, indicating a drop of 1.05 percent compared to the preceding day. According to data on the website of the Tehran Gold and Jewelry Union, one gram of the 18-karat gold ...
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| Is UPI a currency gaining traction? As chat and messaging apps enter the digital payments domain, existing mobile wallet players get a run for their money. By: Ankita Rai | Published: March 18, 2018 3:40 AM. 0. Shares. Share. payment, digital payment, goofle, tez up based payment app Google has also announced a chat feature for its ...
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| Morocco's Currency Reform, on Right Track- IMF Few weeks after the launch of the gradual Dirham float, The International Monetary Fund has advised Morocco to maintain the current reform pace with a view to strengthening the economy's competitiveness. "Unlike other emerging economies, Morocco didn't loosen currency restrictions under pressure, ...
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| A coffee? We only accept gold bars With the pound weak and cryptocurrencies volatile, what type of investment guarantees you stability? The answer, according to a growing number of Britons, is a currency used by the ancient Egyptians in 3000BC — gold. Britain has overtaken Germany to become Europe's biggest buyer of gold, ...
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| Google Joins Facebook in Banning Cryptocurrency and ICO Ads: What It All Means In 2017, the cryptocurrency market was virtually unstoppable. After beginning the year with a relatively small aggregate market cap of $17.7 billion, the combined value of digital currencies soared by almost $600 billion, pushing to $613 billion by year's end, an increase of more than 3,300%. Chances ...
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| Bitcoin's fall a failure to understand technology Hopefully, after the speculative buyers leave the markets and take their get-rich-quick mentality with them, Bitcoin can return to use as a currency, but that will require stability. Considering that swings in the value of major currencies by more than 1 per cent usually cause headlines, Bitcoin is still far too ...
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