Topic

Currency

Currency

Banks under pressure to pay clients

Banks are experiencing an additional pressure in paying clients as depositors are withdrawing money more than any normal time apparently out of fear for any lockdown due to coronavirus outbreak

Banks under pressure to pay clients

Travellers now can carry $10,000 during foreign trip

The government has raised the ceiling of carrying foreign exchange for every passenger to $10,000 from $5,000 during any trip abroad, reports UNB. In a circular issued by its foreign exchange policy ...

Travellers now can carry $10,000 during foreign trip

Fresh clashes in Chile as peso drops to historic low

Violent protests broke out in Chile's capital Santiago on Tuesday as the country's currency dropped to a historic low after weeks of mass street demonstrations that have left the South American ...

Fresh clashes in Chile as peso drops to historic low

Pound, Asian markets slip after Brexit bid failure

The pound extended losses Wednesday after Boris Johnson's failure to push through his Brexit deal fuelled fresh uncertainty, while Asian markets also ticked lower as investors took a step back after ...

Pound, Asian markets slip after Brexit bid failure

'Libra won't be controlled by a single company'

Facebook executive David Marcus on Sunday tried to calm the fears of officials threatening to block its proposed digital currency, saying Libra won't be controlled by a single company.The head of ...

'Libra won't be controlled by a single company'

Facebook's Libra announces board as support shrinks further

Backers of Facebook Inc's Libra cryptocurrency project pledged to forge ahead after selecting a five-member board on Monday, shrugging off the latest member defection by online travel company Booking ...

Facebook's Libra announces board as support shrinks further

PayPal first to exit Facebook's Libra Association

US payments processor PayPal Holdings Inc said on Friday it was leaving Libra Association, the entity managing the Facebook-led effort to build global digital currency Libra, making it the first ...

PayPal first to exit Facebook's Libra Association

China adopts facial payments

No cash, no cards, no wallet, and no smartphones: China's shoppers are increasingly purchasing goods with just a turn of their heads as the country embraces facial payment technology.China's mobile ...

China adopts facial payments

No note containing PM Hasina’s portrait printed: BB

Bangladesh Bank on Tuesday said it has not issued any new currency note of Tk 100, containing the portrait of prime minister Sheikh Hasina, reports UNB.“No initiative was taken by the ...

No note containing PM Hasina’s portrait printed: BB

China's yuan sinks to lowest in 11 years

China's currency on Monday slid to its lowest point in more than 11 years as concerns over the US trade war and the potential for global recession weighed on markets.The onshore yuan fell to 7.1487 ...

China's yuan sinks to lowest in 11 years
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