Search

News

China's yuan falls again in SDR basket
In this undated photo, a clerk counts renminbi yuan banknotes in Nantong, East China's Jiangsu province. In this undated photo, a clerk counts renminbi yuan banknotes in Nantong, East China's Jiangsu province. China's central bank said on its official website that the share of Chinese yuan in the Special ...
Updated: 05/15/2022
Factbox-Western sanctions on Russia
... have banned Russian vessels from their seaports and banned the provision of legal, consulting or advertising services to Russian firms. They have also banned the export of luxury goods to Russia. The EU has banned the sale, supply, and export of euro banknotes to Russia, and Russian state broadcasters Sputnik and RT have been kicked off the airwaves in the EU and Britain.
Updated: 05/13/2022
Russian rouble rises 2% against dollar on artificial support
Coins of a Russian rouble and a euro are seen next to a U.S. dollar banknote in this picture illustration. Coins of a Russian rouble and a euro are seen next to a U.S. dollar banknote in this picture illustration. The Russian rouble bounced back on Thursday, reaching the 70 mark against the euro and heading towards ...
Updated: 05/12/2022
These are the Stablecoins that are a Stable coin
... using a method similar to that of a central bank, but without the use of reserves. The dollar-pegged base coin uses a consensus mechanism to increase or decrease token supply in response to demand. Such actions are comparable to a central bank printing banknotes to maintain the value of a fiat currency. This can be done by launching a smart contract on a decentralised network.
Updated: 05/09/2022
EasyMyTrip to enter forex market with RBI license application
... and nearly 60000 travel agents with a much-needed service of currency exchange. Foreign currency numbers are huge as demand for international travel continues to grow exponentially. Customers who want to exchange Indian currency for an international banknote will be able to do so at ease. International travellers coming to India for their travels can also avail of this service and get their international currency exchanged into Indian currency, as per an official handout. EasyMyTrip said the new ...
Updated: 05/02/2022
Australian banks to report squeeze on upcoming results
Australia's margin woes linger but rate hikes may lift view of Commonwealth Bank logo is seen on a smartphone in front of displayed Australian dollar banknotes in this illustration taken from the Australian banks' margin woes. Australia's margin woes linger but rate hikes may lift view of Commonwealth Bank logo is seen on a smartphone in front of displayed Australian dollar banknotes in this illustration ...
Updated: 05/01/2022
Euro nears 5-year lows as Russia-Ukraine conflict continues
... London's Vanda Research , told Xinhua that psychological barriers can be significant when it comes to currency markets. The difference between 1.001 US dollar per euro and 0.999 dollars per euro is small from a pure economic standpoint. The 20 euro banknotes are seen in Brussels, Belgium on December 30, 2021. ZHENG HUANSONG XINHUA Hardman , Patel and other analysts attribute the weakness of the euro to the conflict between Russia and Ukraine, which is impacting Europe more than other parts of ...
Updated: 04/30/2022
Binance restricts services to Russia amid European sanctions
... ships entering U.S. ports. Europe's fifth round of sanctions mainly focused on preventing well-resourced Russians from moving money overseas or throughCrypto wallets. Among its restrictions are the prohibitions on selling transferable securities and banknotes and limiting crypto wallets that can be used for storing cryptocurrencies by Russians who are trying to hide their wealth and escape sanctions.
Updated: 04/21/2022
Sort by relevance | Sorted by date