Quincy Man Pleads Guilty to Currency Counterfeiting
BOSTON – A Quincy man pleaded guilty yesterday in federal court in Boston to counterfeiting hundreds of thousands of dollars in U.S. currency. Victor Cardona, …
Currency
CBP Officers Seize $288K in Unreported Currency at the Eagle Pass Port of Entry
EAGLE PASS, Texas—U.S. Customs and Border Protection (CBP), Office of Field Operations (OFO) officers working outbound operations at the Camino Real International Bridge II, seized …
Bitcoin-sterling volumes spike to record high as British currency flounders
By Elizabeth Howcroft LONDON (Reuters) – Trading volumes between the British pound and the cryptocurrency bitcoin spiked to a record high after sterling dropped on …
Sweden and other central banks to test digital currency payments
OSLO (Reuters) – The Swedish, Norwegian and Israeli central banks have launched a project with the Bank for International Settlements to test international retail and …
Taiwan spent $8.25 billion to hold back currency depreciation in H1
TAIPEI (Reuters) – Taiwan’s central bank said on Wednesday that in the first half of this year it sold a net $8.25 billion to intervene …
French drugmaker Sanofi expects positive boost from currency markets in Q3
PARIS (Reuters) -French drugmaker Sanofi said it expected a positive boost to its third-quarter business results from movements on the currency markets, helped by the …
Marketmind: “Our currency” and falling knives
(Reuters) – A look at the day ahead in Asian markets from Jamie McGeever The fear and fragility sweeping global markets can be summed up …
Factbox-Pounded: A history of UK currency crises and crashes
LONDON (Reuters) – Britain’s pound plunged to an all-time low early on Monday as international investors reacted to plans laid out by the country’s new …
History of Japan’s intervention in currency markets
TOKYO (Reuters) – Japan intervened in the currency market on Thursday for the first time since 1998 to shore up the battered yen, in the …
Explainer-Japan intervenes in the currency market, now what?
By Leika Kihara and Tetsushi Kajimoto TOKYO (Reuters) – Japan intervened in the currency market on Thursday to buy yen for the first time since …
Yen jumps as Japan intervenes in currency market for first time since 1998
LONDON (Reuters) – The Japanese yen rose sharply against the dollar on Thursday after Japanese authorities intervened in the forex market for the first time …
CBP Seizes Nearly $150K in Unreported Currency Officers intercept cash heading north and south of the border
SAN DIEGO – U.S. Customs and Border Protection officers at the San Diego Field Office ports of entry seized a combined $148,693 in unreported currency …
Chinese buyers snap up luxury homes as ‘hard currency’ in soft property market
BEIJING (Reuters) – In the southern Chinese city of Shenzhen, where the real estate sector has slowed, luxury property is bucking the downtrend, the official …
White House Report Bashes Crypto, Boosts Fed-Controlled ‘Digital Currency’
White House Report Bashes Crypto, Boosts Fed-Controlled ‘Digital Currency’ John Hugh DeMastri on September 16, 2022 The White House today criticized the volatility and lack …
S.Korea’s Yoon, Biden expected to discuss currency swap -Yonhap
SEOUL (Reuters) -South Korean President Yoon Suk-yeol and his U.S. counterpart, Joe Biden, are expected to discuss a currency swap, the Yonhap news agency said …
BOJ’s reported currency rate check
(Reuters) – The Bank of Japan has conducted a rate check in apparent preparation for currency intervention, the Nikkei newspaper reported on Wednesday, as policymakers …
Explainer-What would Japan’s currency intervention to combat a weak yen look like?
By Leika Kihara and Tetsushi Kajimoto TOKYO (Reuters) – The Bank of Japan has conducted a rate check in apparent preparation for currency intervention, the …
History of Japan’s intervention in currency markets
TOKYO (Reuters) – The Bank of Japan has conducted a rate check in apparent preparation for currency intervention, the Nikkei website reported on Wednesday, citing …
BOJ conducted rate check in apparent preparation for currency intervention -Nikkei
TOKYO (Reuters) – The Bank of Japan has conducted a rate check in apparent preparation for currency intervention, the Nikkei website reported on Wednesday citing …
Brazil’s currency seen trading in tight range ahead of election – Reuters poll
By Valentine Hilaire MEXICO CITY (Reuters) – Brazil’s currency is forecast to hover in a tight range in dollar-dominated trading this month as Brazilians prepare …
Explainer-What would Japan’s currency intervention to combat a weak yen look like?
By Leika Kihara and Tetsushi Kajimoto TOKYO (Reuters) – Japan’s government said it was ready to take action if “rapid, one-sided” moves in the currency …
EXCLUSIVE – Qatar tells local banks to stop currency swap deals abroad – sources
By Hadeel Al Sayegh and Andrew Mills DUBAI/DOHA (Reuters) – Qatar’s central bank has told banks in the Gulf state not to exchange its currency …
Fugitive From Justice Attempted to Leave the U.S. at the Champlain Port of Entry with $230,000 in Unreported Currency
CHAMPLAIN, N.Y. – U.S. Customs and Border Protection (CBP) officers at the Champlain Port of Entry encountered a traveler with more than $230,000 in undeclared …
El Paso and Santa Teresa CBP Officers Seize Hard Narcotics and Undeclared Currency
EL PASO, Texas – U.S. Customs and Border Protection officers working at El Paso area ports of entry seized 2.82 pounds of fentanyl, 7.80 pounds …
Laredo CBP Officers Seize Over $248K in Unreported Currency, Two Weapons in Outbound Seizure
LAREDO, Texas – U.S. Customs and Border Protection (CBP) Office of Field Operations (OFO) officers intercepted over $248,000 in unreported currency and two weapons in …
S&P Global increases Ukraine’s foreign currency rating
(Reuters) – Global ratings agency S&P Global on Friday raised Ukraine’s foreign currency sovereign credit ratings, noting the country has completed a distressed debt restructuring. …
El Paso CBP Officers Seize $89K in Unreported Currency at Stanton Street Bridge
EL PASO, Texas – U.S. Customs and Border Protection officers working at the Stanton Street bridge intercepted $89,031 in unreported currency. “CBP officers routinely conduct …
CBP Officers Seize $95K in Unreported Currency from Travelers at Dulles Airport
STERLING, Va. – With the cost of fuel and consumer goods at historic highs, holding onto one’s money is imperative. For international travelers, that’s as …
Asian currency bears retreat as inflation view improves – Reuters poll
By Sameer Manekar (Reuters) – Bearish bets on emerging Asian currencies eased on hopes that monetary tightening will cool red-hot inflation, with short bets on …
Australia’s central bank launches digital currency project
SYDNEY – Australia’s central bank on Tuesday said it was launching a one-year research programme into the case for a central bank digital currency (CBDC) …
Russia’s central bank eases more currency controls
(This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine.) MOSCOW – Russia’s central bank will allow banks …
Central banks face key decisions on digital currency, says BIS
LONDON – Central banks will have to make “fundamental” decisions on cross-border access for a digital version of their currency to serve as a means …
Buffalo Man Pleads Guilty To Structuring Currency Transactions
CONTACT: Barbara BurnsPHONE: (716) 843-5817FAX #: (716) 551-3051 BUFFALO, N.Y. – U.S. Attorney Trini E. Ross announced today that Eric Iwu aka James, 32, a Nigerian citizen currently …
UK think tank calls for global digital currency rules
LONDON – Global rules would allow central bank digital currencies to operate smoothly cross-border and speed up wholesale payments, a think tank backed by the …
Taiwan central bank says it is working on digital currency, unclear on timetable
TAIPEI – Taiwan’s central bank is still working on its digital currency and while it’s unclear when the scheme could roll out to the public …
Column-Upside down world of ‘reverse currency wars’ is real :Mike Dolan
By Mike Dolan LONDON – An upside down world of “reverse currency wars” is seeping into the real one. Devotees of Netflix hit “Stranger Things” …
HKMA buys HK$9.255 billion from market as currency hits weak end of trading band
HONG KONG – Hong Kong’s de-facto central bank bought HK$9.255 billion ($1.18 billion) from the market in New York trading hours to stop the local …
History of Japan’s intervention in currency markets
(Reuters) – Japan escalated its warnings on Friday against sharp falls in the yen, expressing “concern” over the moves in a rare joint statement by …
Virginia Man Sentenced For Passing Counterfeit U.S. Currency
HARRISBURG – The United States Attorney’s Office for the Middle District of Pennsylvania announced that on May 25, 2022, Dale Richard Estep II, age 35, …
Agents Seize Over $2 Million in U.S. Currency and More Than 10,000 Diverted Oxycodone Pills
LONDON, Ky. – Investigators from the DEA Criminal Diversion Group, the Kentucky Attorney General’s Office, the Barbourville Police Department, the Clay County Sheriff’s Office, and …
Analysis: Dollar’s surge spurs currency hedging by U.S. companies
By Saqib Iqbal Ahmed NEW YORK – U.S. companies are ramping up efforts to protect their profits from a relentless rally in the dollar, as …
Zimbabwe suspends bank lending in bid to arrest currency decline
HARARE – Zimbabwe’s government on Saturday ordered banks to stop lending with immediate effect in a move Harare said was designed to stop speculation against …
Dulles CBP Officers Seize $46K in Unreported Currency from Ghana-bound Man, Egypt-bound Couple
STERLING, Va. – The best way for travelers to keep their currency when traveling is to truthfully report all of it to a U.S. Customs …
Bloomberg reporters in Turkey acquitted over 2018 currency crisis article
ISTANBUL – A Turkish court on Friday acquitted 33 people, including two Bloomberg reporters and other journalists from local media, of spreading false information about …
Canadian Conservative front-runner would ban a central bank digital currency
By Steve Scherer and Julie Gordon OTTAWA – The front-runner to become the next leader of Canada’s opposition Conservatives said on Thursday he would ban …
Marketmind: The weak currency gang
A look at the day ahead in markets from Dhara Ranasinghe. The weak-currency gang is growing in force. The yen plunged to a new two-decade …
Central African Republic adopts bitcoin as an official currency
BANGUI – Central African Republic has adopted bitcoin as an official currency, the presidency said on Wednesday, becoming the first country in Africa and only …
Two Keene Residents Charged In Superseding Indictment With Additional Charges Related to Virtual Currency Exchange Business
CONCORD – A federal grand jury returned a 33-count superseding indictment on Monday charging Ian Freeman, 41, and Aria DiMezzo, 35, both of Keene, with a variety of …
CBP Officers Seize over $100K in Undeclared Currency at Hidalgo International Bridge
HIDALGO, Texas—U.S. Customs and Border Protection, Office of Field Operations (OFO) at the Hidalgo International Bridge intercepted $114,294 in undeclared currency. “CBP officers conduct outbound …
Multiple Narcotics, Currency Seized Over Weekend
INDIO, Calif. – El Centro Sector Border Patrol agents arrested four United States citizens in two separate events attempting to smuggle narcotics further into the …