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Bitcoin exchange MtGox to start liquidation process: Lawyer

Bitcoin exchange MtGox to start liquidation process: Lawyer

Last Updated: Thursday, April 24, 2014, 18:29

Failed Bitcoin exchange MtGox, whose spectacular collapse hammered the digital currency`s reputation, is to be liquidated after a Japanese court ordered bankruptcy proceedings on Thursday, said a lawyer appointed to carry out the process.

Single currency notes infested with over 3,000 types of bacteria

Last Updated: Tuesday, April 22, 2014, 22:08

Researchers at New York University`s Dirty Money Project found that currency is a medium of exchange for hundreds of different kinds of bacteria, as bank notes are passed on from hand to hand.

NSE ready to extend currency trading hours; awaits SEBI nod

Last Updated: Tuesday, April 22, 2014, 20:41

The largest bourse National Stock Exchange (NSE) on Tuesday said it is ready to extend trading hours for currency traders and is awaiting a nod from market regulator SEBI.

India's forex reserves rise to $309.44 bn

Last Updated: Saturday, April 19, 2014, 19:13

There was a sharp jump in foreign currency assets.

India's forex reserves zoom $2.79 bn to $309.44 bn

Last Updated: Friday, April 18, 2014, 22:47

India's forex reserves jumped on the back of a healthy rise in currency assets.

China defends exchange rate after US Treasury warning

Last Updated: Wednesday, April 16, 2014, 22:10

China Wednesday defended the valuation of its currency and pushed back against a US Treasury report expressing concerns over the yuan's sharp slide since January.

China needs to disclose foreign exchange market intervention: US

Last Updated: Wednesday, April 16, 2014, 09:14

In its six monthly report to the US Congress, the Department of Treasury, however, declined to name China a currency manipulator even though it noted that its currency renminbi (RMB) has not appreciated as fast or as much as needed.

Ukraine currency recovers after 46% interest rate hike

Last Updated: Tuesday, April 15, 2014, 17:39

Ukraine`s currency steadied today after heavy falls and after the crisis-hit country`s central bank unexpectedly raised the key interest rate by nearly 50 per cent to boost consumer confidence and stop spiralling inflation.

India's forex reserves rise to $306.64 billion

Last Updated: Saturday, April 12, 2014, 14:59

The forex reserves have soared past USD 300 billion mark for the first time since December 2011.

ICICI reports deposit of fake currency notes over several years

Last Updated: Tuesday, April 08, 2014, 22:31

Country's largest private sector bank ICICI Bank has lodged an FIR in a city police station alleging fake currency notes with a face value Rs 10 crore were deposited in its different branches in the past several years.

Fake currency over Rs 10 crore deposited in bank in UP, FIR lodged

Last Updated: Tuesday, April 08, 2014, 21:49

A private bank has alleged that fake notes having face value around Rs 10 crore were deposited in its different branches in the last eight years, police said on Tuesday.

BoJ chief doubts Bitcoin's future as a currency

Last Updated: Tuesday, April 08, 2014, 17:44

The head of the Bank of Japan on Tuesday cast doubt on Bitcoin's future, saying the scandal-plagued digital unit "cannot be a currency" unless it proves its reliability.