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Inflation-hit Iran to lop zeros off currency (AFP via Yahoo! News)

Thu, 28 Aug 2008 09:38:35 GMT

Iran is to lop several zeros off its currency as it battles double-digit inflation, central bank vice president Hossein Ghazavi said in comments published on Thursday.


BSE gets preliminary nod for currency derivatives (Reuters via Yahoo! Philippines News)

Thu, 28 Aug 2008 13:43:45 GMT

MUMBAI, Aug 28 (Reuters) - The Bombay Stock Exchange Ltd said on Thursday it has received in-principle approval from the markets regulator for an exchange traded currency derivatives segment.


Fake currency: Some Rs 500 notes to be phased out (rediff.com)

Thu, 28 Aug 2008 12:10:59 GMT

Alarmed over the menace of the fake Indian currency notes spreading its tentacles in India, the government has issued a directive to the Reserve Bank of India to withdraw from circulation the notes of 1996 and 2000 series.



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