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
Our expert Currency writers provide you with the latest news on the international and FOREX markets, foreign exchanges, the latest currency exchange rates, and other relevant currency matters that may impact your international expat lifestyle and plans.
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
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,
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
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
Brazil, Economy, Emerging Markets, Foreign Exchange, Government
As currencies fluctuate in value almost hourly, expats would be forgiven for worrying about the impact the volatile markets are having on their cash –
British Pound, Cyprus, Economy, Foreign Exchange, US Dollar, Wealth
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