currency

Impact of inflation shocks on foreign exchange rates reflects central bank stature

2024-09-04 06:40:02 J. Scott Davis and Pon Sagnanert The purchasing power parity (PPP) theory of exchange rates is easily understood:…

2 months ago

Elon Musk’s X Acquires Currency Transmitter License, Could Introduce Crypto Payments: Report

Elon Musk's X has acquired a currency transmitter licence for the microblogging platform in a US state, suggesting that the…

2 months ago

There is a case for specific cryptos as investment options: Smarak Swain, IRS

Smarak Swain is an officer of the 2008 batch of the Indian Revenue Service (IRS) and currently director of the…

4 months ago

Genesis Creditor Gemini Sues Parent Company Digital Currency Group, CEO

Cryptocurrency exchange Gemini, the largest creditor of bankrupt crypto lending firm Genesis, sued parent company Digital Currency Group (DCG) and…

5 months ago

Play-to-Earn Blockchain Game Stepn Integrates Apple Pay Into Its Services, Introduces New In-App Currency

Stepn, a play-to-earn blockchain game has become the first game in this category to integrate Apple Pay to its services.…

5 months ago

Zimbabwe Set to Introduce Gold-Backed Digital Currency to Stabilise Zimbabwean Dollar: Report

Zimbabwe, in a bid to keep its economy stable amid the fluctuating status of the dollar, is exploring the launch…

5 months ago

Enforcement Directorate Probing Several Cryptocurrency, Digital Currency Fraud Cases: MoS Finance

Enforcement Directorate is investigating several cases related to cryptocurrency/ virtual digital currency frauds wherein a few crypto exchanges have also…

5 months ago

Rupee rises 3 paise to end at 83.43 against U.S. dollar

Image used for representative purpose only. | Photo Credit: REUTERS The rupee appreciated 3 paise to settle at 83.43 (provisional)…

5 months ago