Facebook drops Credits; transitions to local currency payments
Facebook launched its virtual currency Credits in June 2011 to simplify payments, earn a 30% cut on purchases, and create a level playing field for
Will the Weakening Rupee Affect Dubai?
The Indian rupee has reached a record low this past week at 68.825 rupees to the US dollar. This is a difficult situation for India,
Ambani Loses a Quarter of His Fortune
India’s richest man, Mukesh Ambani, known for his overly-opulent tastes in homes, has reportedly lost one quarter of his overall net worth due to the
The Downfall of the Brazilian Real
This past week has be rough for the Brazilian real, it has sunk to the lowest it has been in almost 5 years and was
Indian Rupee On A Slippery Slope Against The US Dollar
Questions are being asked about the slide of the Indian rupee against the world’s major currencies. Not long ago, the rupee was up around the
Brits Worried The Euro Is Ready To Implode
Just when investors thought the Euro crisis was over comes research showing that financially-savvy Brits say they are concerned about the collapse of the currency
FX Futures Can Safeguard Wealth For Expats
As currencies fluctuate in value almost hourly, expats would be forgiven for worrying about the impact the volatile markets are having on their cash –
Asian Economies Dig In For Currency War
They said it wouldn’t happen, but now economic analysts say there is a currency war in progress. The issue is that Japan has begun to