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Floating Currency


Finance Minister Shaukat Tarin, during a press briefing on Wednesday, enlightened the nation on the economic performance of the government in place. He reminded everyone that the PTI government inherited a balance of payments crisis from the previous government that forced the ruling party to seek the bailout from the International Monetary Fund. It was …

Mayur Shetty and Sidhartha | TNN JPMorgan’s longest-serving CEO, Jamie Dimon, is a regular visitor to India, where his company has 40,000 employees, most of whom work globally. Since the pandemic he has been back on the road and has made a few trips to Europe and hopes to be in India in six to …

2012, the year everyone thought the world might end, Bitcoin The account saw its debut and received 616 Bitcoins on December 10, 2012. At that time, the value of Bitcoin was hovering somewhere around 13.30 $ (around Rs 980). 616 Bitcoin reported this account worth $ 8,195 (around Rs 60,000). Since then, the account has …

WHEATON, Illinois – (COMMERCIAL THREAD) – First Trust / Aberdeen Global Opportunity Income Fund (the “Fund” (NYSE: FAM) has reduced its regular monthly distribution of common shares to $ 0.075 per share from $ 0.08 per share. The distribution will be payable on the 15th October 2021 to shareholders of record on October 4, 2021. …

Weekly Cryptocurrency Summary – Bitcoin (BTC / USD) The BTC / USD coin remains well supported above the $ 47,000 level against the US dollar. Bitcoin needs to clear $ 48,500 to start a decent rise towards the $ 50,000 level. The prices of the world’s leading cryptocurrency, Bitcoin, rose after breaking through the resistance …

ECONOMYNEXT – So-called Sri Lankan cronies who take advantage of customers trapped under state control reap even more benefits from current import controls, while small businesses are wiped out, said a policy scholar and liberator of the poorest consumers. Many domestic enterprises also needed inputs. “Import controls create many opportunities for permit holders and their …

ECONOMYNEXT – Sri Lanka’s Consumer Affairs Authority has blocked the entry of powdered milk into the market with its power to control prices and is expected to ease the restriction next week, which could allow imported supplies to reach the market , according to reports. Sri Lankan Minister of State for Consumption Lasantha Alagiyawanna had …

It’s been three decades since legendary grunge band Nirvana released their album topped the charts No matter. It received a Grammy nomination for Best Alternative Music Album. And their hit “Smells Like Teen Spirit” propelled the Seattle-based band to stardom. The emblematic cover of the album of no matter featured a naked baby swimming underwater …

NEW DELHI: The government is closely monitoring the cryptocurrency floating in the market based outside the country following the alert that agencies responsible for verifying financial fraud are monitoring a company called Hyper Fund. According to some sources, Hyper Fund, a DEFI of Hyper Tech Group, went under the radar recently. The Group claims to …

Kabul [Afghanistan]: China and Pakistan are in a hurry to tap the Afghan economy as both have announced certain attractive benefits to Afghanistan, which will greatly benefit both the former and the latter in the near future, according to a news report Thursday. War-torn Afghanistan is facing immense financial difficulties. And the new rulers are …