Sentences with phrase «high value currency»

On the back of the demonetization of high value currency notes in India, the government has been aggressively pushing cashless payments.
With over 100 million users a year ago, PayTM was already ahead of its digital payment competitors before the Nov. 2016 demonetization of high value currency notes in India.
In fact, it will not even take a hit and will remain the highest valued currency in the world with the 16 % support is currently showing.
So you're looking at a 4x higher value currency in Starpoints.

Not exact matches

The appetite for digital currencies keeps on rising, with their total market value breaking a new record high.
Their declining currencies against the dollar (8 - 9 percent over the past 12 months), falling stock market values since the beginning of the year and high (India) and rising (Brazil) bond yields are reflecting their funding difficulties.
«Now, you can't rely on the shadow payment system of using the high - value currency notes because they were rendered useless.
It's not mining or investors that are causing the radical highs and lows in the currency's value, it's the media, he said.
The price of bitcoin, the world's most well - known virtual currency, lost almost one fifth of its value to $ 15,800 this week after peaking as high as $ 19,666 on Sunday, as feverish demand ebbed slightly after the exchange giant CME Group and its rival Cboe Global Markets listed bitcoin futures.
In 2013, enthusiasm for the currency drove its value extremely high, reaching $ 1,150 per bitcoin.
Higher energy costs are a weight on the economy that may lower currency values.
Even fractions of a Bitcoin have a value higher than many traditional currencies.
Investing in a digital currency is extremely high - risk — more so than traditional startup investing — but is motivated largely by the explosive growth in the value of bitcoins, each of which is now worth around $ 4,000 at the time of publication.
It all began when Charlie Lee announced he sold off his LTC holdings when the currency hit a rather high value.
We don't view bitcoin as a currency due to its high transaction costs, tremendous price volatility and inability to be a true store of value
The currency's value declined sharply over the summer after nearly 120,000 bitcoins were compromised in a high - profile security breach at Hong Kong - based broker Bitfinex.»
With the global interest in this new form of money still rather high, one would expect the value of these currencies to continue rising accordingly.
They do this by lowering interest rates, printing more currency or buying up foreign currency to make its value higher.
So in summary — most likely maintaining a public ledger would have meaningfully higher transactions cost than centralized clearing — however, there are use cases for bitcoin / cryptos where fiat currency is not an option so difference is transactions costs is not a consideration — to the extent the market ascribes value to bitcoin / cryptos this value can not be diluted or as easily confiscated
The SNB's «profit was lifted by a trio of positive forces: Low bond yields preserved the value of its foreign bonds; higher equity prices raised the value of SNB holdings... and the weaker Swiss currency made those foreign assets worth more in franc terms.»
To the surprise of nobody, billionaire investor Warren Buffett isn't interested in bitcoin, the electronic currency that has zoomed higher in value over the past few weeks.
When an investor exchanges his digital currencies in any one of the notable digital currency exchange, he can enhance his token value, thereby getting a high gain.
High inflation rates, slow economic growth, loss of global value of currency, and social and political uncertainty leads to increment in prices of precious metals.
This is due to, among other factors, the potential high risk and volatility of virtual currency products and the fact that virtual currency remains an experimental concept that is not presently regulated or backed by any central bank worldwide and has no tangible intrinsic value.
When you realize that there are networks out there of users that are very geographically dispersed... and they're doing high - frequency, low - value transactions, using a digital currency for those makes a lot of sense.»
Over the past two and a half months alone the digital currency's value has more than quadrupled, reaching a high of over $ 17,000 USD per coin on Friday.
Moreover, they — especially Bitcoin, Ether, Litecoin, and Ripple — are increasingly referred to as stores of value instead of high - frequency and high - volume transactive material like fiat currency.
According to this theory, if, for example, the U.S. inflation rate is higher than the Canadian inflation rate, then the purchasing power of Americans will erode compared to that of Canadians, and the value of the U.S. dollar against the Canadian dollar will be adjusted in the markets to balance the purchasing power of the two currencies.
In June, when there was a sharp fall in the value of the currency, median inflation expectations rose sharply, from 3.4 per cent to 4.5 per cent, their highest rate in two years.
With improving employment figures, higher domestic production of commodities and a rise in levels of consumer confidence, the dollar rose in value against major currencies around the world, climbing to $ 1.49 against the pound in the first half of 2015.
It could cause the euro to rise in value against other currencies, potentially hurting exporters, and it could bring higher returns on savings as well as stiffer borrowing costs for indebted governments in the 19 - country eurozone.
For cross-sectional portfolios, they rank assets within each class - strategy and form portfolios that are long (short) the equally weighted six assets with the highest (lowest) expected returns, rebalanced daily except for currency carry and value trades.
It is interesting to note that in many ancient civilizations, cacao was used as currency because of its high intrinsic value.
The further deterioration in aluminium market conditions in 2012, together with strong currencies in certain regions and high energy and raw material costs, has had a negative impact on the current market values in the aluminium industry.
Almost a decade after that exercise, critics of the Kufour regime have continued to criticize the move saying it yielded no result, but was rather politically motivated and intended to create the impression that Ghana's currency was of a very high value.
They are also worried that despite the huge crash in value of the Naira against world's major currencies, CBN maintained its official rate at N197 / USD1 thereby creating wider parallel market margin of about 50 per cent, the highest so far in the history of Nigeria's currency market.
He stated that with Ghana's high level of imports, the cedi will always be under pressure since it will trade among other currencies backed by the value of their exports.
All of these civilizations bestowed the highest nutritional, spiritual, and cultural honor to the cacao beans believing them to have powers and even using them as currency because of the esteemed value!
But some of the others in global currencies are a bit higher than the $ 1 US and $ 1.99 US values that you had nicely cheered about.
(3) Inception dates for the Global Value Fund, Global Value Fund II — Currency Unhedged, Value Fund and Worldwide High Dividend Yield Value Fund are June 15, 1993, October 26, 2009, December 8, 1993, and September 5, 2007, respectively.
If the Germans had decided to issue bonds to striking workers instead of money, bond prices would have been driven to ridiculously low levels, driving interest rates to extremely high levels, creating an unwillingness to hold currency (which does not bear interest), resulting in a rapid deterioration in the value of money, and hyperinflation just the same.
OK, the high stock to flow ratio makes gold unique and a choice for people to store value or hold value until gold can be exchanged for currency.
While high - value awards can sometimes be achieved using these currencies, the process of searching for and booking awards is often an arduous task, particularly when compared to using a fixed - value currency like FlexPerks.
The combination of good earning power and a tiered reward chart allows for potentially higher overall value than other fixed - value point currencies.
Simply put, a currency pair which has larger movements and higher volatility, will also have a higher value for its ATR reading.
During any period when the Canadian dollar rises in value (whether against the U.S. dollar or some other foreign currency), using ETFs with currency hedging will lead to higher returns in your foreign equity investments.
This structure typically reduces the cost and tracking error * associated with replicating an index and increases tax efficiency • Tax efficient: HTH is not expected to make taxable distributions • Hedged exposure: Get Canadian currency - hedged ** exposure to the US 7 - 10 year treasury market • Higher compound growth: The reinvestment of index distributions are reflected in HTH's Net Asset Value («NAV»)
Emerging (and frontier) markets offer much higher inherent growth potential, mostly under - valued currencies, much younger populations and (generally) excellent fiscal / debt situations.
Arguably, by investing now when the dollar is strong I am also exposed to the risk of the dollar depreciating against the Euro, but a weaker dollar would mean higher sales in dollar terms, which would compensate in large measure for any loss of value from a weaker currency: it's a case of swings and roundabouts.
Among the potential dangers it cites: large fluctuations in value, scamsters trying to capitalize on the hype surrounding these currencies and higher costs than you'll face with regular cash or credit cards.
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