CurrencyPakistan to introduce polymer plastic currency, redesign banknotes by year-endBaileyAugust 24, 202424KARACHI: Pakistan's central bank will introduce a new polymer plastic currency banknote later this year while also redesigning all existing...
Asian CurrencyRupee rises 4ps to 83.89/$BaileyAugust 24, 202425Mumbai: The rupee traded in a narrow range and settled higher by 4paise at 83.89 against the American currency on...
CurrencyPakistan to experiment with new polymer plastic currency banknote, old ones to be redesigned – World NewsBaileyAugust 24, 202422Pakistan’s central bank is planning to experiment with a new polymer plastic currency banknote later this year. It will also...
Asian CurrencyRussia’s new crypto-experiment – Yuan stablecoins, BRICS basket for foreign trade?BaileyAugust 24, 202426Russia plans to create two crypto exchanges and stablecoins for its foreign trades However, the plan could face potential challenges,...
CurrencyNervos CKB Launches ‘Fiber Network’ for Fast, Low-Cost Multi-Currency TransfersBaileyAugust 24, 202427Nervos CKB, a blockchain platform that offers security and versatility, has recently announced the release of a next-gen open lightning...
Foreign CurrencyKenyan banks see forex losses from subsidiaries as shilling strengthensBaileyAugust 24, 202418Kenyan banks recorded currency losses of about Sh50 billion in the first half of the year when translating the financials...
Asian CurrencyWazirX to allow Rupee withdrawals after $230 million hack: This is how much money users can withdrawBaileyAugust 24, 202424Cryptocurrency exchange WazirX announced it will allow partial withdrawals of Indian Rupee (INR) balances starting August 26, nearly a month...
Foreign CurrencyPakistan to experiment with new currency notes made of polymer plasticBaileyAugust 24, 202428Image used for representative purpose only. | Photo Credit: REUTERS Pakistan’s central bank will experiment with a new polymer plastic...
CurrencyFIA busts gang running illegal currency exchangeBaileyAugust 24, 202424LAHORE - The Federal Investigation Agency (FIA) Corporate Crime Circle Lahore has busted a well-organized gang involved in illegal currency...
Foreign CurrencyForex Update: India’s Foreign Exchange Reserves Jump $4.546 Billion to $674.664 BillionBaileyAugust 24, 202427For the week ended August 16, foreign currency assets, a major component of the reserves, increased by $3.609 billion to...