After months of sustained decline, the Nigerian currency has rallied since March and is currently ranked as the best-performing fiat currency in April. Andrew Matheny, an economist at Goldman Sachs, said the naira’s momentum can only be maintained if policymakers do not deviate from their current course. Maintaining the Momentum of the Naira According to […]
Chillicothe, OH – Officers from the Chillicothe Police Department swiftly responded to a reported incident involving counterfeit currency at a local establishment. Upon arrival at the scene, officers engaged with employees who detailed the circumstances surrounding the fraudulent transaction. According to the employees, a customer had entered the premises with the intention of loading money […]
THE Reserve Bank of Zimbabwe (RBZ) says the challenges encountered by formal business operators regarding the statutory 10 percent trading margin on To access this post, you must purchase a subscription. Please click the button below to visit our subscriptions page to select a package. Subscriptions
THE Reserve Bank of Zimbabwe (RBZ) is intensifying its campaign of popularising the new structured currency, the Zimbabwe Gold (ZiG), with teams To access this post, you must purchase a subscription. Please click the button below to visit our subscriptions page to select a package. Subscriptions
The Bank of America is not bullish no any currency in Asia, leading the investment bank to deem the start of a "chaotic era" for these currencies.
(The Center Square) - The Arkansas Senate adopted a resolution Monday that would impose a regulation on the crypto mining industry in Arkansas. The resolution, sponsored by Sen. Bryan King, R-Green Forrest, would require digital asset mining businesses in the state to pay an annual fee for “extraordinary electrical energy usage.” The fee would range from $25,000 to $100,000 per year depending on the amount of electrical energy used. Senate...
The Iranian rial's drop came hours after Iran deployed a massive drone and missile offensive against Israel Saturday night.
VICE President Constantino Chiwenga has made an impassioned plea to Zimbabweans to rally behind the country’s new currency, while also underlining that To access this post, you must purchase a subscription. Please click the button below to visit our subscriptions page to select a package. Subscriptions
One suspect has been charged in connection with a violent gunpoint robbery at a Richmond Hill currency exchange last month. The hold-up happened on March 15 at about 11 a.m. near Yonge Street and Major Mackenzie Drive. York Regional Police (YRP) said that three suspects, at least one of whom was armed with a gun, entered the business and demanded cash. The suspects then allegedly assaulted a victim before fleeing with merchandise from the business, they said. Police said that the victim...
The U.S. last week acknowledged Japan and South Korea's "serious concerns" over the recent sharp depreciation in their currencies.
Lebanon’s interior minister alleged Wednesday that the mysterious abduction and killing of a Hezbollah-linked Lebanese currency exchanger in a villa on the edge of a quiet mountain resort town earlier this month was likely the work of Israeli operatives. The killing of Mohammad Srour, 57, who was sanctioned by the
The Nigerian naira fell 38% in Q1, putting pressure of Mdundo's revenue even as user growth continued unabated Source