As the cryptocurrency Bitcoin surged in value, some are concerned that it could become a tool of exchange.Here’s what you need to know about it. 1:33 UK central bank sets up bitcoin fund to manage cash for banks 1:21 Bitcoin is becoming a digital currency with potential to become a new currency for global transactions,…
Tag: belgium currency
France’s euro zone inflation rises to 5.5% in September – Reuters
BELGIUM – The European Central Bank said on Thursday that the euro zone’s inflation rate rose to 5,500 euros ($5,880) in September from 5,400 euros in August, a sharp increase from its forecast of 5,300 euros.The rate was above the 5,000-euro benchmark, which was the central bank’s target for inflation.The ECB also raised its key…
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The European Central Bank said it will cut its bond buying for the second time in less than two weeks, as its members weigh up the possibility of a possible debt crisis.The decision came on the heels of a second cut to its bond purchases in just under a week.The move followed the ECB’s announcement…
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