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Tag Archives: Currency

El Salvador is set to use wide range of renewable energy for crypto-currency mining, country’s Hydroelectric Commission says

“The possibilities are endless here, it’s just about willpower and that we have the means and the ability to start these projects,” Daniel Alvarez, president of the state-run Lempa River Hydroelectric Executive Commission (CEL) revealed on Friday, stating that El Salvador has resources to generate electricity for the mining process …

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Russia’s gold & foreign currency reserves break through $590 BILLION

“International reserves stood at $590.5 billion as of April 30… as a result of foreign exchange purchases under the fiscal rule, as well as a positive revaluation,” the regulator said. Russia’s international reserves are highly liquid foreign assets comprising stocks of monetary gold, foreign currencies, and Special Drawing Rights (SDR) …

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