Kuwait cracks down on hawala-style money exchange / Image: File Kuwait’s Cabinet has approved a draft decree-law that criminalises unlicensed currency exchange activity and tightens penalties to curb informal trading and hawala-style operations. The move targets anyone who buys, sells, exchanges or transfers local or foreign currency for the public without a valid licence, whether […]
The Central Bank of Oman unveiled a new Omani Rial symbol, boosting global recognition and credibility/Image: X The Central Bank of Oman (CBO) has unveiled an official symbol for the Omani Rial, a move that strengthens the currency’s identity and signals Oman’s growing stature in global finance. The symbol is designed to unify the representation […]
The UAE made its first cross-border digital currency payment to China through the newly launched Jisr platform/Image: WAM The UAE has carried out its first-ever cross-border payment with China using central bank digital currencies, marking a major breakthrough in digital finance and setting the stage for deeper technological and economic cooperation. The transaction, executed through […]
Bhopal, November 4 (Udaipur Kiran): Police in Madhya Pradesh’s Mandsaur district have busted a major interstate fake currency racket, arresting the alleged mastermind Gurjit Singh alias Gurinderjit Singh, a resident of Patiala, Punjab. The police have seized counterfeit notes worth several lakhs along with printers, computers, shiny foils, cutters, and other printing materials. The gang […]
Representative image (Picture credit: IANS) DHAKA: Ahead of Eid-ul-Adha, Bangladesh central bank on Sunday introduced new currency notes of Taka 1,000, Taka 50 and Taka 20, dropping the image of the country’s founding father, Bangabandhu Sheikh Mujibur Rahman.The new notes, which will be available in banks in the capital from Monday, will have images of […]
Thousands Bulgarians took on the streets of the capital, Sofia, and other major cities on Saturday to protest government plans to adopt the euro and to demand a referendum on the issue (Image credit: AP) Thousands gathered in Bulgaria’s capital Sofia and other major cities on Saturday to reject the country’s plans to adopt the […]
Bulgarian nationalists protest government plans to adopt the euro currency (Photo: AP) Thousands of flag-waving Bulgarians took to the streets of the capital, Sofia, and other major cities on Saturday to protest government plans to adopt the euro and to demand a referendum on the new currency. The protesters, led by civic groups and nationalist […]
