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21 May 2024

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Phones, Islamic books and currency exchange. Some businesses are making money out of Taliban rule

Consultation opens on a digital currency for New Zealand
The Reserve Bank of New Zealand – Te Putea Matua is continuing its exploration of a central bank digital currency

Fisher & Paykel Healthcare says full year revenue and profit in line with expectations
That's despite the adverse affect of a stronger currency and drop in value of a property development.

Ugandan man behind viral fake East African currency shocked by its success

North Koreans working in China 'exploited like slaves'
An estimated 100,000 North Koreans are posted abroad, where they earn valuable foreign currency.

Ukraine’s estimated international currency reserves to decline by end of 2024 – NBU forecast

Defying Milei’s Austerity, an Argentina Province Plans Its Own Currency

First protests in Argentina against austerity plan
President Javier Milei announces radical measures, including spending cuts and a drastic currency devaluation.

Currency clashes sour Russia's oil trade with Asia

How North Korea makes a fortune stealing crypto
Last year, stealing cryptocurrency was North Korea's primary form of foreign currency income.

Is China's economy a 'ticking time bomb'?
The past six months has brought a stream of bad news for China's economy: Slow growth, record youth unemployment, low foreign investment, weak exports and currency, and a property sector in crisis.

Syria doubles public-sector pay and cuts subsidies as economy sinks
Hardship caused by a collapsing currency and hyperinflation has sparked protests in government areas.

Russia hikes interest rates to 12% as rouble falls
The Bank of Russia raises rates sharply in an attempt to boost the currency and lower inflation.

Russia rouble: No panic but currency fall will hurt
Economists warn of inflation and say it will make foreign travel more expensive for ordinary people.

Fix 'disagreement' with Puma Energy, PNG police chief instructs central bank
Papua New Guinea's Commissioner of Police, David Manning, has ordered the PNG central bank to sort out foreign currency issues for key fuel importer, Puma Energy.

Reserve Bank considers the digital dollar: 'NZ's money must innovate to stay relevant '
New Zealand could be using a government-backed digital currency by the end of the decade.

Man behind viral fake currency shocked by its success
News of the launch of a single currency for East Africa spread fast - but it turned out not to be true.

Man charged with aggravated robbery over crypto currency deal
Wellington police have arrested a man for aggravated robbery after a crypto currency deal made over the social media platform Discord.

First protests in Argentina against Milei's austerity plan
President Javier Milei announces radical measures, including spending cuts and a drastic currency devaluation.

PNG-China common currency on the agenda in Beijing
One of the matters on the table for Papua New Guinea's prime minister James Marape during his visit to Beijing is establishing for both countnries to trade in their own currencies.

NZ dollar drops against UK, US currencies
The Kiwi dollar fell to a seven-year low against the British pound and six-month low against the US currency amid a global economic downturn.

Weak currency boosts Japanese economy
The weakness of the yen has helped Japanese exporters as it makes their products cheaper overseas.

Japan issues rare warning over fake X account
The account on the platform formerly known as Twitter impersonated Japan's top currency diplomat.

Currency issues preventing drugs for serious disease being dispensed
Tuberculosis, already the most serious health issue in Papua New Guinea, is on the rise, at the same time health officials are struggling to import enough drugs to fight it.