News about currency
Euro "too strong", says European Commission's Tajani
European Commission Vice President Antonio Tajani said Wednesday the euro was overvalued and urged the zone's central bank to help exporters by weakening the single currency.
14 November 2013 10:03
China seeks world role for 'people's money'
With deals from London to Singapore, China is seeking a greater role for its yuan currency in global markets to challenge the hegemony of the almighty dollar.
06 November 2013 13:12
'World's first' bitcoin ATM opens in Canada
Three young entrepreneurs have opened what they call the world's first ATM able to exchange bitcoins for any official currency.
30 October 2013 14:04
National Bank releases 5 000 coin dedicated to tenge's 20th anniversary
The National Bank of Kazakhstan put into circulation two new commemorative silver coins of 500 and 5 000 tenge nominal value.
10 September 2013 11:41
China suggests settlements in local currencies to Kazakhstan
Chinese President Xi Jinping suggested Kazakhstan to make payments in local currencies.
09 September 2013 21:05
Kazakhstan National Bank starts pegging tenge to fx basket
The currency basket is introduced for changing the operational direction in the currency exchange policy: Marchenko.
02 September 2013 19:01
Brazil to spend $55 billion to defend sagging real
Markets and analysts cheered Friday after Brazil's central bank pledged $55 billion until year's end to prop up the sagging real while Latin America's biggest economy is showing weak growth.
25 August 2013 15:03
National Bank suspends licenses of three banks for currency exchange services
The three banks “had violated the country’s legislation on counteraction to laundering illicitly obtained income and interaction to financing of terrorism”.
05 August 2013 19:02
APEC warns against currency devaluations, property bubble
Asia Pacific economies must refrain from competitive currency devaluations and are vulnerable to speculative buying in the housing market.
19 April 2013 11:49
The bubble bursts on e-currency Bitcoin
Many saw it coming, but that didn't stop the Bitcoin bubble from bursting: after rising to dizzying heights, the digital currency suffered its first true crash this week.
13 April 2013 13:26
Venezuela move seen as currency devaluation
A Venezuelan government foreign currency auction for local importers has triggered a de facto currency devaluation, the second in less than 50 days.
01 April 2013 18:35
Cyprus will not quit the euro, vows president
President Nicos Anastasiades vowed on Friday to keep Cyprus in the euro but had harsh words for international lenders behind the huge bailout that saved the island from bankruptcy.
31 March 2013 16:21
Venezuela plans new exchange for better dollar supply
Venezuela is planning a complementary system to increase a supply of dollars hindered by strict currency control measures.
14 March 2013 15:42
Devaluation of bolivar expensive for some US firms
The recent devaluation of the Venezuelan bolivar was a blow to some major US companies, highlighting the importance of financial ties between the two nations despite their political disagreements.
17 February 2013 11:46
Venezuelans race to spend before devaluation
Venezuelans swamped stores on Tuesday to snap up everything from washing machines to plane tickets in a last-minute wave of panic-buying ahead of a 32 percent currency devaluation.
13 February 2013 11:10
Venezuela devalues currency 32% against US dollar
Venezuela said it was devaluing its currency by 32 percent against the dollar on the orders of cancer-stricken President Hugo Chavez, in part to trim a bloated budget deficit.
10 February 2013 10:38
Oops! Norwegian maple leaf adorns new Canada $20 bill
The maple leaf shown on Canada's new $20 bills is from a Norway maple, which is not native to Canada, several botanists cited by Canadian media decried Friday.
20 January 2013 12:36
Russian Ruble lays claims on common currency role in Customs Union
Introduction of a common currency inside the Eurasian Economic Community that includes Kazakhstan, Russia and Belarus is irrelevant: Russian President's advisor.
19 December 2012 16:36
Australia welcomes move to count Aussie as reserve currency
Australia hailed as an endorsement of its economic strength Wednesday IMF moves to count its dollar as a foreign reserve currency, though its central bank chief downplayed it as a technicality.
22 November 2012 18:56
India's rupee at near 6-month-high on reform boost
The Indian rupee on Friday soared to its highest level against the dollar in almost six months after the embattled government pushed ahead with more measures to attract foreign investment.
06 October 2012 11:12