currency

pakistan rupee: Demonetisation in cash-strapped Pakistan? State Bank of Pakistan to release new notes

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In a bid to combat the issue of fake notes, Pakistan’s central bank has announced its intention to introduce new currency notes equipped with advanced security features. Governor Jameel Ahmed of the State Bank of Pakistan shared that these notes will incorporate international best practices in security, featuring distinct security numbers and updated designs to … Read more

IT companies: By deal count, IT companies may perform better

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ET Intelligence Group: HCL Technologies (HCLTech) on Friday delivered better-than-expected numbers for the December quarter helped by the ramp up in Verizon deal and buoyancy in the software licence and subscription business. The country’s third largest IT exporter reported the strongest sequential growth of 6% in dollar-denominated revenue, excluding the currency fluctuation effects (constant currency) … Read more