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WORTHLESS CURRENCY
How to avoid 'rug pulls,' the latest cryptocurrency scamThe scam, which gets its name from the expression "pulling the rug out," involves a developer attracting investors to a new cryptocurrency ...
JPMorgan's Jamie Dimon blasts bitcoin as 'worthless', due for regulation"No matter what anyone thinks about it, government is going to regulate it. They are going to regulate it for (anti-money laundering) purpo...
Venezuela introduces new currency with 6 fewer zerosThis is the third time Venezuela's socialist leaders have lopped zeros off the currency. The bolivar lost three zeros in 2008 under the lat...
When Venezuela's president Nicolas Maduro decided to dole out $3 bonus to the police10 million-bolivar bonus amounts to about $3 at the prevailing black-market exchange rate.
Demonetisation badly hit FICN, hawala trade: Government tells Rajya SabhaMinister of State for Home Affairs Hansraj Ahir said according to reports, demonetisation also resulted in significant positive impact in m...
Bitcoin: Will it be the global fei or end up like tulip crisis?At $17,000 apiece, it is good for buying a car, or a seaside home, but not brinjals and tomatoes.
Demonetisation has led to significant positive impact: Government"As per the reports of the agencies, the demonetisation of Rs 500 and Rs 1,000 denominations resulted in a significant positive impact on m...
15 years on, billions in pre-Euro currencies still elusiveAbout a third of the total amount knocking around the region is now worthless, with 12 national central banks having given up their coin re...
Demonetisation puts probe agencies in a fixThe dilemma is simultaneously bothering the accused as well, as they have to accord consent in courts that the seized crime money may be de...
Currency situation to normalise by end of Feb 2017: SBI Economic Research‘What Is Cooking In Currency Printing Presses,’ put up by the Economic Research Department of State Bank of India.
Over 100 bank employees penalised for malpractices during note banAs investigating agencies probe charges of mismanagement, some employees from state-run lenders have been suspended, others have been trans...
How cash chaos is shaking everyone from families to banksIn terms of the share of currency in circulation, Modi’s move was akin to sucking out from the system all U.S. dollar bills except about ha...
Market builds up for RBI rate cut, but economists say Urjit Patel to wait & watchIndia’s benchmark 10-year bonds were the best performers in Asia last week, with the yield on the debt falling 12 basis points to 6.72 perc...
Government could gain bothways even if public holds on to black moneyIf people choose not to declare and surrender their high denomination currency notes, then the RBI stands to gain to the extent that its cu...
What is demonetisation and why was it doneModi announced that the notes of Rs 500 and Rs 1000 "will not be legal tender from midnight tonight" and these will be "just worthless piec...
Zimbabwe sees its local currency devalued to $1 = Z$35 quadrillionIndians who lament the diminishing value of the rupee and the rising cost of living should spare a thought for Zimbabweans.
- Why Germany, not Greece should exit eurozone
All the debate about the pros and cons of a Greek exit from the euro area is missing the point: A German exit might be better for all conce...