Al-Marsad Newspaper: Emirati businessman Khalaf Al Habtoor called for introducing a unified Gulf currency, with the participation of Egypt and Jordan, to confront the dollar crisis. Al Habtoor said, during an intervention on Sada Al-Balad channel, that a proposal was submitted to issue a unified Gulf currency between the countries of the Gulf Cooperation Council, … Read more
Frankfurt/Main (dpa) – On the occasion of the 25th anniversary of the central bank, ECB President Christine Lagarde emphasized the determination of the euro currency guardians in the fight against the currently high inflation. “After years of low inflation, it is now too high and is likely to remain too high for too long,” Lagarde … Read more
Exchange rates operate with two basic concepts – currency and currencies. While the currency exchange rate operates with cash, the foreign exchange rate operates with non-cash receivables in foreign currency. Most often, this is money deposited in a bank account in a foreign currency. And the foreign exchange market, or forex, is one in which … Read more
Al-Marsad Newspaper: Standard Chartered Bank said Monday that Bitcoin, the largest cryptocurrency, could reach $100,000 by the end of 2024, and that the so-called “cryptocurrency winter” is over, according to Reuters. Jeff Kendrick, Director of Digital Asset Research at Standard Chartered, said in a note that Bitcoin could benefit from factors such as the recent … Read more
Jakarta – The world is busy with the term dedollarization as a result of the United States using the dollar as a weapon in the war between Ukraine and Russia. Other countries began to choose other currencies for transaction needs. Actually, what is dedollarization? Dedollarization is the process of replacing the dollar as the currency … Read more
Dubai: UAE Central Bank issues new 1000 dirham currency note Raki. Banks to use polymer notes from April 10 It will also be available in exchange houses. Cultural and development that reflects the UAE’s global achievements Images of Na symbols have been used in the note. Chi of Space Exploration and Albaraka Nuclear Station The … Read more
Gurugram – A video of a young man throwing currency notes from a moving car is going viral on social media. The incident took place in Gurugram, Haryana. According to the police, the youths were re-enacting the scene from the Hindi web series ‘Farsi’. ACP Vikas Kaushik informed that the person who threw the notes … Read more
Despite the fact that many analysts predict the US dollar will soon decline, this currency shows that it is still capable of much. Thus, at the auction on Wednesday, the dollar reached its maximum against the currencies of other countries. In the Asian session, the US dollar/Japanese yen traded up 0.5%, at a high of … Read more
The Czech currency has been doing well for several months. About a month ago, it crossed the threshold of CZK 23.80 per euro, and now it has even broken through CZK 23.50 per euro. At around 2:30 p.m. on Tuesday, the exchange rate was CZK 23.49/EUR, data from the Patria server showed. “The crown is … Read more
Al-Marsad Newspaper: Snapchat celebrity Small Cappuccino responded to the spread of a rumor that he worked as a driver. Small said, during a tweet that he posted on his Twitter account: “And yes, in the Al-Rajhi family, but my response to some climbers is that I am a driver for someone. Thanks to God, I … Read more