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Latest News on Currency Transfers

Somalia Says It Will Soon Begin Printing Currency

Somalia Says It Will Soon Begin Printing Currency Somalia wants to continue with banknote printing this year for the 1st time since the collapse of the government in 1991. Somalia’s central bank governor, Bashir Issa Ali, told the Voice Of Africa (VOA), in an interview, that all t…

TDB launches new NZ-Tonga money transfer service

TDB launches new NZ-Tonga money transfer service Tonga's economy depends majorly on money Tongan nationals send from overseas but sending money to this tiny country in Oceania has been a challenge. These sentiments were made yesterday by Hon. Akilisi Pohiva the current Prime…

PayPal’s 1st Slack bot supports P2P Money Transfer

PayPal’s 1st Slack bot supports P2P Money Transfer PayPal, an online payment platform is launching its first Slack BOT, enabling its customers to send money from one PayPal account to another without leaving a Slack conversation. This new slack BOT can be installed from the S…

Seller Beware: Use Venmo Money Transfer App At Your Risk

Seller Beware: Use VENMO Money Transfer App At Your Risk Venmo, a money transfer app which allows people to send or receive payment by linking to a bank account or credit card, has become very popular these days. But financial experts warn sellers to use this app at their own…

Thailand rolls out PromptPay money transfer service

Thailand rolls out PromptPay money transfer service Last month, Thailand launched a new mobile payments system allowing customers to transfer money easily and cheaply than those offered by conventional banks. This mobile payments scheme aimed at pushing Thai people into the…

Writing May Be on Trump’s Wall for Mexico’s Volatile Peso

Writing May Be on Trump’s Wall for Mexico’s Volatile Peso Various analysts trying to predict the general outlook for the Mexican currency, which is the world’s most volatile major currency, regularly complain that the currency’s strength or weakness majorly depends on the unpredi…

Australian Dollar-Euro Exchange Rate Boosted by Less Dovish RBA

Australian Dollar-Euro Exchange Rate Boosted by Less Dovish RBA Last month, Australian foreign reserves were reported to have hit very low records, falling sharply from around 76.1 billion to 68.6 billion. Despite this discouraging report, which was released on Tuesday this…

The Downfall of the Egyptian Pound/USD/EURO

Currency Exchange Rate News USD/EURO Last December the euro had fallen off in the past 3 years by almost 23% against the US Dollar, and early last month traded for about 1.0339$ that’s the lowest it had been at since 14 years but however with the newest president of the USA D…

Asian currencies stronger as Trump policy fears depressed dollar

Asian currencies stronger as Trump policy fears depressed dollar Maximum countries in Asia have currencies that competed higher against the U.S dollar. Since November 10, Baht hits the highest at about 35 for each dollar as exporters trade dollars at the month-end. Taiwan dollar…

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