The Central Bank of Zimbabwe stated on Monday that it would soon begin issuing gold coins in an effort to reduce inflation, which hit 191 percent in June. The Harare government thinks that this will decrease demand for US dollars and at the very least slow down the further depreciation of the local currency.
With the assistance of Cogo, a major Australian bank, the Commonwealth Bank of Australia (CBA), has begun linking customer transactions to carbon footprints.
In a tweet, a 116-year-old Mumbai bank called SVC Bank, which was in trouble after SVB's collapse clarified that it had no relation to SVB.
We want nice things. We want to live in a nice house, eat good food and have fulfilling relationships. We want to travel to exotic places, listen to great music and experience fun. We want to build something that lasts, achieve something great and leave a better world for tomorrow.
According to experts, the Federal government is using the Silicon Valley banking crisis to usher in central bank digital currency.
India has made significant progress in its use of digital wallets and other payment solutions including NEFT, RTGS, and IMPS. So now, just what is RBI's digital rupee?
Even though it's still too premature to predict how the US dollar will fare during this economic shift, it is almost certain that it will emerge weaker and less dominant than before. This comes as a result of the gold backed ruble which is the new paradigm shift for the global economy.
A joint project between the Central Bank of Canada and the Massachusetts Institute of Technology will be researching the possibility of an entirely digital Canadian dollar, it was announced yesterday.
A new RBI report said that there is an over 100% increase in fake Rs 500 notes and below. Here is how to check their authenticity.
The Bank of England has started consultations on trying to implement a Central Bank Digital Currency (CBDC), which could lead the way in the globalist vision of a cashless economy where all transactions are easily detectable by the government, according to an announcement made this week by the de facto head of His Majesty's Treasury. This implies that the UK is set to launch the digital pound central bank digital currency.
