Foreign guests of the 2008 Olympics will be able to exchange up to $50,000 at Chinese banks, local media report, citing a directive from the State Administration of Foreign Exchange of the PRC.
The National Bank of Ukraine (NBU) has liberalized the procedure for importing and exporting cash currency. From July 27, individuals are allowed to bring into Ukraine and take abroad up to €10,000…
The U.S. Federal Reserve on March 13, 2008 put into circulation a new-design five-dollar bill, reports Associated Press. The next bill to undergo changes will be the $100 bill.
The creditworthiness of British families has fallen to a critical level, and since the beginning of the 21st century, personal debt of Britons has almost doubled. According to The Daily Telegraph…
In March 2008, Hungary will withdraw from circulation coins of one and two forints. According to a survey conducted by the Hungarian National Bank (Magyar Nemzeti Bank), three-quarters of Hungarian…
The American currency has never been as cheap as it is now. For €1, they were already giving $1.46 recently. 'Bucks' are now only good for borrowing, quickly converting into a more stable currency…
The seemingly impregnable bastion of deposit secrecy in Swiss banks is now ready to collapse overnight. The government of the world's most neutral country said it was tired of Switzerland's dubious…
The World Bank has decided to publish the 'Doing Business 2008' rating, which assesses legislation regulating business activity. As Lenta.ru notes, bank employees have done a huge amount of work -…
The US authorities have decided to strengthen the protection of the very popular $100 bill. It will be equipped with a special security thread, will change color, and the Benjamin Franklin depicted…
First, people invented money to calculate the cost of goods. At the end of the 20th century, some goods became so universal that, on the contrary, they began to be used to calculate the value of…
Almost half of London residents believe that the British capital is increasingly turning into a "city for the rich", and 86% think that the gap between poor and rich Londoners continues to widen…
The U.S. Federal Reserve published a revealing report on the dynamics of household income and wealth from 1989 to 2004. The study showed that inequality in the U.S. remains a serious problem. For…