Currency

H&M: Swedish stocks: seen opening lower, H&M local-currency sales growth just below forecasts

Business More BUZZ-Swedish stocks: seen opening lower, H&M local-currency sale:BUZZ-Swedish stocks: seen opening lower, H&M local-currency sales growth just below forecasts Reuters | Sep 15, 2017, 12:25 IST ** Swedish shares seen opening lower on Friday in line with European markets ** U.S. stock futures and Asian shares dipped after North Korea fired another missile over Japan and into the ...

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veon: Veon sees profit hit by Uzbek currency devaluation; CFO resigns

(Updates with details; adds CFO resignation) Sept 15 (Reuters) – Netherlands-based telecommunications company Veon Ltd on Friday warned Uzbekistan’s currency devaluation would hurt its revenues and profits. The company, which has operations in eastern Europe and central Asia, also said CFO Andrew Davies is stepping down and will be replaced by Trond Westlie The Uzbek official exchange rate has been ...

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China Bitcoin Exchange to End Trading; Currency Value Falls

BEIJING —  One of China’s biggest bitcoin exchanges says it will end trading after news reports that regulators have ordered all Chinese exchanges to close caused the price of the digital currency to plunge. BTC China said on its website it will “stop all trading business” Sept. 30. The exchange said it was acting in the spirit of a central ...

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CBN mulls digital currency — Business — The Guardian Nigeria Newspaper – Nigeria and World News

CBN Following cautious considerations, the Central Bank of Nigeria (CBN) has commenced arrangement to introduce a digital currency in a move to key into the global adoption of Crypto currency initiative.   The Deputy Director/Head, Payments System Policy and Oversight, CBN, Musa Jimoh, disclosed this at the Crypto currency conference recently held in Lagos.Crypto currency is a digital currency in which encryption techniques ...

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Counterfeit currency suspect wanted in Suffolk

(Photo courtesy of the city of Suffolk) SUFFOLK, Va. (WAVY) – Police are asking for the public’s assistance in looking a suspect in a counterfeit case. Police say that the suspect was using a counterfeit bill at the Arby’s in the 1500 block of Holland Road on Sept. 7. If you recognize the suspect, or know anything about this incident, ...

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Commentary: The age-old currency of modern dating

SINGAPORE: Times are changing for Singapore’s dating scene. More and more people are meeting through the latest smartphone apps. It seems more people may be dating casually, while less people are getting married, and those who do are less likely to stay married for life. Statistics on Marriages and Divorces for 2016 released by Singstat showed a 1.2 per cent ...

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Why Big Banks Attacked Bitcoin – Forbes

Forbes Why Big Banks Attacked BitcoinForbesBitcoin, the “people’s currency,” has the potential to become a new currency, free of the control of big governments and big banks. That’s why they both want to limit this potential. Each one in their own way. Big governments by stepping up regulations … and more »

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India’s Central Bank Considering Creating Digital Rupee, Dislikes Bitcoin

India’s Central Bank, the Reserve Bank of India (RBI), is considering the possibility of issuing its own digital fiat currency as an alternative to Bitcoin, according to Economic Times. The bank expressed its displeasure with cryptocurrencies such as Bitcoin, calling them “private currencies.” According to the central bank’s executive director Sudarshan Sen: “As regards non-fiat cryptocurrencies, I think we are ...

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Dimapur Police nab three with fake Indian currency

The fake currency seized by Dimapur police from the three accused.   DIMAPUR, SEPTEMBER 14 (MExN): Dimapur police have apprehended three persons who were smuggling fake Indian currency notes from Lakhimpur district of Assam to Dimapur.   The three were arrested on September 13 as they alighted from a bus at Blue Hill Station, Dimapur. A press note from the ...

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