Showing posts with label national currencies. Show all posts
Showing posts with label national currencies. Show all posts

Saturday, May 20, 2017

Venezuela again delays eliminating 100-bolivar notes

The government of Venezuela said Friday that the 100-bolivar banknote, which was due to go out of circulation in December, will now stay valid for one more month due to delays in the production of new bills.

Monday, January 16, 2017

UK pound falls to lowest level since October ahead of PM's speech

The Pound sterling fell Monday to its lowest level since October against the United States dollar ahead of British Prime Minister Theresa May's scheduled speech on the United Kingdom's Brexit plans.

Maduro announces new currency notes to enter into circulation


Venezuelan President Nicolas Maduro announced Sunday that new currency notes will enter into circulation this week, and he said that he would once again extend the deadline for removing the old 100-bolivar bills from circulation.

Monday, November 28, 2016

Indian opposition takes to the streets against prime minister's currency ban

Opposition parties protested in major cities of India against the government's decision to withdraw higher-denomination banknotes from circulation to fight against black money, in a controversial move that has caused widespread cash shortages.

Saturday, November 12, 2016

Anger rising in India as banks slow to dispense cash to millions

Anger rose across India on Saturday as banks struggled to dispense cash after the government withdrew large denomination notes in a shock move aimed at uncovering billions of dollars of unaccounted wealth hidden from the taxman.

Wednesday, November 9, 2016

India: Banks to remain open this weekend to tackle rush after ban on Rs 500, Rs 1000 notes

Considering the rush of customers expected to exchange and deposit the banned denominations of Rs 500 and Rs 1,000 currency notes, banks in the country will remain open for public transactions on Saturday and Sunday, the Reserve Bank of India (RBI) said today.

India abolishes 500 and 1,000 rupee bills to fight corruption, terrorism

India pulled all of the country's 500 and 1,000 rupee notes out of circulation in a bid to crack down on black market and counterfeit currency, sending worried residents rushing to banks to withdraw cash for the coming days.

Saturday, July 4, 2015

Greece can't have parallel currency with euro (Austrian bank governor)

Austria's National Bank Governor Ewald Nowotny rejected a parallel currency for Greece here Friday, saying such a currency should not exist."When a country is part of the euro, the currency of that country is the euro," Nowotny, who is also a member of the European Central Bank (ECB) Governing Council, told a press conference.

Thursday, December 18, 2014

Putin says Russian economy will rebound (economic downturn will last two years at most)

Russian President Putin has attempted to assuage fears of economic collapse and promised rapid recovery as he faced hundreds of journalists amid the worst financial crisis of his rule.
Speaking at his annual press-conference on Thursday, the Russian leader said that the economic downturn will last two years at the most and he promised to support the poorest segment of the population.

Russian PM demands to restore order at currency market

Russian Prime Minister Dmitry Medvedev on Wednesday warned citizens and companies of attempting to make profit in the current unstable financial situation, calling the ongoing events at the currency market a "game of emotions."

Monday, December 1, 2014

Russia, Iran mull signing of goods-for-oil agreement

Russia hopes to sign a barter contract with Iran to deliver grain and industrial products to its southern neighbor in return for oil from the Islamic republic, visiting Russian Economy Minister Alexei Ulyukayev was quoted as saying by Press TV on Sunday.

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