When they begin in late March, Pakistan will pay for its energy imports from Russia in “currency of friendly nations,” a senior Russian energy ministry official said on Friday, according to Reuters. The declaration was made during the ninth meeting of the Pakistan-Russia Intergovernmental Commission, which was co-chaired by Russian Energy Minister Nikolay Shulginov and […]
The principal shareholder and co-founder of the Hong Kong-registered virtual currency exchange Bitzlato Ltd. was detained, according to US officials, on Wednesday for allegedly handling $700 million in illegal money. Russian native Anatoly Legkodymov, who resides in China, was detained on Tuesday in Miami on suspicion of running an unregistered money exchange company that “in […]
The rupee saw violent swings throughout the year, often hitting its record low against the US dollar, only to finish the year with a significant fall of 22%, marking the worst 12-month period since the global financial crisis of 2008. The rupee has fallen in 18 of the 22 years since the year 2000, with […]