Sentences with phrase «old currency»

The government, in total, announced 11 incentives to encourage the use of digital means for payments, which is another smart move by the government after it legally banned old currency notes of Rs. 500 and Rs. 1000 in a bid to scrap the money earned illegally and never disclosed.

Right now, banks are capable of shutting down the accounts that Bitcoin exchangers use to turn old currencies into Bitcoin.

Right in this square also, other worth visiting monuments, such as Nuestra Señora del Pilar Basilica - the universal symbol of the city - La Lonja old currency exchange, and the San Salvador Cathedral, also known as La Seo.

The country's decades - old currency peg to the dollar means it «must heed the Fed» as it shakes up the economy, one analyst told CNBC.

The new SAMA governor also comes from within the establishment, and seems unlikely to make changes to the 30 - year old currency regime.

Early 2016 marked the Cryptocurrency rally in Venezuela and India towards eliminating old currency notes.

Now Kidd, a federal regulator turned entrepreneur, has invested $ 57.5 million into Uphold, a four - year - old currency exchange where traders can convert USD into traditional currency like euros as easily as they can cryptocurrencies like the red - hot bitcoin.

«I've heard stories of companies hedging their bets with some of the eurozone economies,» Langrish says, explaining that some have set up accounts to pay their employees in euros should their home country exit the eurozone and reintroduce its old currency.

A «No» (Oxi) vote will mean that Greece will likely default on almost all its remaining debt, maybe exit the EU, abandon the euro and re-adopt its old currency, the drachma.

They destroyed the old currency and issued a new one, and that worked pretty well.

Ken, I'm sure you remember «peanuts, peanuts, tanner a bag» For the youngsters in the old currency a silver sixpence piece was known as a tanner.

He said, that created the room for members of the NPP to get access to the old currency deposited at the BOG and send them back to get the new currency as replacement to the detriment of Ghana at large.

Speaking to Citi News, one of the residents said, «can you imagine assembly rented a building to the national investment bank; 10.5 billion old currency and we don't know what the money was used for; so we are calling on President Mahama to sack him or else we will vote against him.»

There's now talk that Greece could leave the euro and return to its old currency, though economists say the transition would be difficult and the drachma would likely be extremely weak.

If you want to move your investments to another brokerage / bank, it depends on them if they support accounts in the old currency, and / or if the investments are tradable on other exchanges / in other currencies.

I read quite a bit on the topic and what seem to be the best solution will be for Greece to go back to their old currency and declared bankruptcy.

The British pound is thought to be the oldest currency in the world still in use.

A decree is issued making the old currency worthless (or exchangeable at a set rate for a fixed period of time), and all bank funds are suddenly and magically expressed in the new currency.

Dating back 1,200 years, the British pound is the oldest currency that's still in use.

Though it won't be accepted in shops, restaurants and other business, you will be able to deposit the old currency into bank accounts including the Post office.

HOWEVER, according to the developers, «Sexcoin is one's of the OldEr Currencies, and «while» IT has drawn Criticism for the speed of its» development and promotion of a LACK, IT has outlasted MANY coins.»

Originally founded in 2011 by Charlie Lee, LTC is one of the oldest currencies on this list.

However, Bitcoin is sometimes criticized for its slowness in transaction and high fees, which are putting off some early adopters hitherto loyal to the almost decade - old currency.

It was his decision to demonetize the old currency and introduce new Rs 2000 notes.

The recent currency policy by India's Modi and Venezuela's Maduro are credited as one of the factors, as the leader of these two countries tried to replace the old currency notes.