SHANGHAI/SINGAPORE (Reuters) – Chinese exporters are using a complicated currency swap strategy to avoid converting their dollar earnings into yuan for fear of losing out on potential gains in the …
Currency
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By Ankur Banerjee SINGAPORE (Reuters) – A spurt in the U.S. dollar and China’s defence of the yuan are forcing Asian central banks to step up interventions in their weakening …
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By Christopher Bing and Zeba Siddiqui (Reuters) -The United States on Wednesday indicted Roman Semenov and Roman Storm, two co-founders of the virtual currency mixer Tornado Cash, for their involvement …
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(Reuters) – Global ratings agency Fitch downgraded Ecuador deeper into junk territory on Wednesday, citing financing risks arising from a significant deterioration in fiscal accounts as the country heads to …
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By Jonathan Stempel NEW YORK (Reuters) – Digital Currency Group on Thursday urged a U.S. judge to dismiss a lawsuit claiming it defrauded customers of Gemini Trust, which was founded …
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Digital Currency With Eye-Scanning Orb Aims To Build Largest ‘Identity Community’ Possible Jason Cohen on August 2, 2023 OpenAI CEO Sam Altman’s cryptocurrency project featuring an eye-scanning orb that issues …
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‘Massive Economic Implications’: Tech Titan Launches Digital Currency Featuring Global ID Jason Cohen on July 24, 2023 OpenAI CEO Sam Altman’s cryptocurrency initiative featuring a global ID and hopes for …
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By Rachel Savage and Carien du Plessis JOHANNESBURG (Reuters) – A BRICS currency will not be on the agenda of the bloc’s summit in South Africa next month, but Brazil, …
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By Marc Frank HAVANA (Reuters) – Cash-starved Cuba fell short of its export and import plans through June of this year amidst grave shortages linked to its dependence on food, …
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EL PASO, Texas – U.S. Customs and Border Protection Officers working at the Ysleta Port of Entry intercepted $164,934 in unreported currency, a combined 39.2 pounds of cocaine and 9.25 …
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By Marc Jones LONDON (Reuters) – The central bankers’ central bank, the Bank for International Settlements (BIS), has laid out a seven-point plan designed to help countries prevent cyber hacks …
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Dulles CBP Officers Seize Nearly $130k in Unreported Currency from Four Groups of Outbound Travelers
STERLING, Va. – U.S. Customs and Border Protection officers seized nearly $130,000 in unreported currency from four groups of departing international travelers recently at Washington Dulles International Airport. There is …
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STOCKHOLM (Reuters) – The Swedish central bank’s decision to asses the possibility of hedging a portion of foreign exchange reserve should not be seen as a veiled threat of currency …
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(Reuters) – Federal Reserve Chair Jerome Powell said on Wednesday he expects the U.S. dollar to remain the world’s reserve currency as long as democratic institutions and the rule of …
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By Ahmed Eljechtimi RABAT (Reuters) – The International Monetary Fund (IMF) is working on a platform for central bank digital currencies (CDBCs) to enable transactions between countries, IMF Managing Director …
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By David Lawder WASHINGTON (Reuters) – The U.S. Treasury on Friday said it found that no major U.S. trading partners had manipulated their currencies for an export advantage, adding it …
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By Samuel Shen and Georgina Lee SHANGHAI/HONG KONG (Reuters) – China’s gradual internationalisation of its currency will shift to its next leg on Monday when about two dozen Chinese companies …
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PHILADELPHIA –Fifteen million dollars could do a lot of good, but when that currency is fake, it could ruin a lot of lives. U.S. Customs and Border Protection’s recent seizures …
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BRASILIA (Reuters) – Brazil’s central bank chief Roberto Campos Neto expressed his opposition on Friday to the creation of a common currency, stating that in the era of digitalization it …
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HARARE (Reuters) – Zimbabwe’s treasury has announced measures to encourage the use of the local dollar as opposed to the U.S. dollar, in a bid to boost the local unit …
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By Walter Bianchi BUENOS AIRES (Reuters) – Argentina is in talks to renew and potentially expand its currency swap line with China, a central bank source said on Wednesday, as …
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NEW YORK (Reuters) – The negative impact of currency fluctuations on North American companies’ results fell in the fourth quarter of 2022 compared with the previous quarter, data from treasury …
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JOHN STOSSEL: Here’s What Ron DeSantis Thinks About The Federal Government’s Digital Currency Plan John Stossel on May 11, 2023 President Joe Biden and the media are excited about something …
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By Marco Aquino LIMA (Reuters) – In a country shaken by years of political volatility, Peru’s national currency has emerged as a mainstay of relative stability among Latin American foreign …
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MEXICO CITY (Reuters) – Mexican President Andres Manuel Lopez Obrador gave the U.S. dollar a vote on confidence on Monday after he was asked if a weakening greenback might spur …