Indonesian police say Australia paid people-smugglers: reports

Indonesian police insist Australian authorities paid the crew of a people-smuggling boat US$31,000 to turn back, displaying thousands of US dollars as proof, reports said Wednesday.

India’s Forex reserves down $1.64 billion

According to the RBI’s weekly statistical supplement, foreign currency assets, the biggest component of the Forex reserves, plunged $867.4 million at $289.95 billion in the week under review.

US dollar steady ahead of US Federal Reserve meeting

The US dollar stood at 107.26 yen in mid-morning Singapore, down slightly from 107.31 yen in New York late Friday.

Fed rate outlook shift buoys dollar, hurts shares

The US dollar stood tall on Wednesday on growing expectations the Federal Reserve would raise interest rates earlier than expected.

RBI likely buying dollars via state-run banks: Traders

The Reserve Bank of India (RBI) was seen buying dollars via state-run banks to prevent further appreciation in the rupee, four traders said on Monday.

Dollar, euro in tight range as pound drops

The euro stood at $1.2953 and 136.08 yen, compared with $1.2951 and 136.14 yen in US trade.

`Friendly Muslim country` gives Pakistan $1.5 bn

The unexpected surge in the value of Pakistani rupee against the dollar was mainly because of a whopping USD 1.5 billion deposit in Pakistan Development Fund by a "friendly Muslim country".

China allows use of Ruble in city bordering Russia

Suifenhe, a Chinese city bordering Russia has become the first in the country to allow the Ruble to be used alongside Yuan after the Russian currency became an increasingly popular form of payment among residents and traders.

Robert Pattinson puts 4M pounds LA love nest with Kristen Stewart on sale

Robert Pattinson has officially ended his love story with Kristen Stewart by putting their 4million dollars Los Angeles mansion on the market this week.

Venezuela to auction US dollars to businesses

Venezuela`s government plans to auction dollars to private businesses that sell food, medicine and other basic goods amid widespread shortages.

Zimbabweans wash dirty US dollars with soap, water

The washing machine cycle takes about 45 minutes — and George Washington comes out much cleaner in the Zimbabwe-style laundering of dirty money.

North Korea bans use of foreign currency

North Korea has banned the use of foreign currency, another sign its hard-line communist government is intent on reasserting control over the country`s nascent market economy.