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Mullahs rig the price of moolah in Iran FOR the second time in as many months, Iran's "dollar patrol" is on the streets. The country's currency, the rial, has lost a third of its value on the black market since September. On April 9th it sank to a record low of 61,000 to the dollar (when the official rate was 37,850). The next day the government ...
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Centralized vs Decentralized Currency: Is DasCoin's Hybrid model better? Centralized vs decentralized currency in the crypto community has been a debate that has been raging for as long as the medium has been around. The benefits and drawbacks have been widely discussed amongst coin enthusiasts, and we're now seeing a new form of crypto emerging, a hybrid ...
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Cash crunch: SBI doubting 'genuity' of problem is illogical; the currency shortage is not a made-up ... The country's largest lender, the State Bank of India (SBI), this week, put out a report on the ongoing cash crunch and titled it: 'The (Non) genuity of cash crunch'. "Currency in circulation (CIC) in the economy has surpassed its pre-demonetisation level of Rs 17.98 lakh crore to reach Rs 18.29 lakh crore ...
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Demonetisation led to all-time high inflow of Fake notes into banks, spike in suspicious ... Post demonetisation, the country's banks not only received an all-time high amount of counterfeit currency but also detected an over 480 per cent jump in suspicious transactions, PTI reported quoting a first-ever report on dubious deposits made after the 2016 note ban decision. As per the report by ...
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