Australia has announced it will ban all $50 notes, including the $5, $10 and $20 notes, after the country was hit by a massive cyberattack.The new ban is effective from today.The Australian Bureau of Statistics (ABS) said the country’s currency, the Australian dollar, was hit in early October by a series of attacks that compromised…
Category: BLOG
What is the real GDP growth rate in Canada?
What is Canada’s real GDP, or GDP per capita, and how does it compare to other countries?That’s the main question we asked in a new report from the Centre for Policy Alternatives, which is the think tank that published the report.The report is the first comprehensive analysis of Canada’s GDP growth rates.We calculated it by…
I was a currency converter for over 30 years
I was an economist, a professor, a currency consultant, and a trader.I also had a passion for the art of currency conversion, as well as the process of getting things into and out of money.I was the lead currency converter in the United States for more than 30 years, and I’m still doing so.As a…
When Is the Libra Currency?
What does the Libre currency look like?It is a small plastic coin with a silver and gold rim, in mint state.It is not a legal tender, but it does exist in some countries, including Portugal, Italy and Spain.It has a value of about €20 and is issued by the Bank of Portugal.It was introduced in…
Which is the best currency for the average Finnish to trade in Finland?
FINLAND’S PULA currency, the currency of Finland, is not only the most popular currency in Finland but also the country’s most popular investment currency, according to a new study.The country’s PULO is widely used for everyday transactions, including the purchase of groceries and petrol.In the US, it is known as the dollar, but it is…
What you need to know about the new bitcoin price converter
As the bitcoin price continues to soar, the cryptocurrency has been on the rise in the US dollar.But while that may sound like a good thing, the currency is still volatile.Bitcoin has been hitting new highs for weeks, and the price has jumped by more than $30,000 over the past 24 hours alone.But before you…
How to buy Indian rupee in cash
New Delhi: Buy or sell Indian rupees in cash, and you can do it in minutes, a new app promises.India’s biggest currency, the Indian rupe, is the world’s highest-valued at nearly $1,500 an ounce.That’s more than 10 times its current value, which has been driven up by a rally in crude oil prices.But the currency…
What is the euro? – Yahoo Finance
Posted March 13, 2020 14:33:10 The euro is the common currency of many nations, but it’s not a currency that is readily transferable between countries.Instead, it’s a series of national currencies known as Euro, which is an acronym for Euro Area, the common territory between the EU and the world.What is the ruble?– CNBC.com article…
Confederate flag banned at Georgia stadium
A South Carolina stadium where a Confederate flag was raised was temporarily banned Thursday after a public outcry.A vote to ban the flag was scheduled to take place Wednesday night, but after an outcry from people who said the flag symbolizes racism, the decision was postponed until Friday.The move comes after President Trump issued an…
Why the yen is surging against the euro and the dollar in 2017
The yen is about to surpass the dollar as the benchmark in world trade.The move is likely to add to pressure on European Central Bank policymakers who are struggling to boost the European economy.The currency has rallied about 1 per cent this year, to about 105.8 yen, since January, a year when global economic turmoil…