(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. The long- and short-term foreign …
Currency
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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 outbound inspections on traffic headed into …
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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 easy as truthfully reporting all …
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Financial News
Asian currency bears retreat as inflation view improves – Reuters poll
by Reutersby ReutersBy Sameer Manekar (Reuters) – Bearish bets on emerging Asian currencies eased on hopes that monetary tightening will cool red-hot inflation, with short bets on the Thai baht falling sharply …
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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) in Australia, focusing on what …
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(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 from designated “unfriendly countries” to …
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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 of payment effectively, a committee …
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Department of Justice Press Releases
Buffalo Man Pleads Guilty To Structuring Currency Transactions
by DOJ Pressby DOJ PressCONTACT: 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 residing in Buffalo, NY, pleaded …
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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 City of London Corporation said …
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Financial News
Taiwan central bank says it is working on digital currency, unclear on timetable
by Reutersby ReutersTAIPEI – 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 it will push ahead with …
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Financial News
Column-Upside down world of ‘reverse currency wars’ is real :Mike Dolan
by Reutersby ReutersBy Mike Dolan LONDON – An upside down world of “reverse currency wars” is seeping into the real one. Devotees of Netflix hit “Stranger Things” know well how mayhem and …
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Financial News
HKMA buys HK$9.255 billion from market as currency hits weak end of trading band
by Reutersby ReutersHONG 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 currency weakening and breaking its …
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(Reuters) – Japan escalated its warnings on Friday against sharp falls in the yen, expressing “concern” over the moves in a rare joint statement by the government and the central …
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Department of Justice Press Releases
Virginia Man Sentenced For Passing Counterfeit U.S. Currency
by DOJ Pressby DOJ PressHARRISBURG – The United States Attorney’s Office for the Middle District of Pennsylvania announced that on May 25, 2022, Dale Richard Estep II, age 35, of Colonial Beach, Virginia, was …
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Department of Justice Press Releases
Agents Seize Over $2 Million in U.S. Currency and More Than 10,000 Diverted Oxycodone Pills
by DOJ Pressby DOJ PressLONDON, 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 the Manchester Police Department arrested …
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Financial News
Analysis: Dollar’s surge spurs currency hedging by U.S. companies
by Reutersby ReutersBy Saqib Iqbal Ahmed NEW YORK – U.S. companies are ramping up efforts to protect their profits from a relentless rally in the dollar, as the greenback surges to multi-decade …
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Financial News
Zimbabwe suspends bank lending in bid to arrest currency decline
by Reutersby ReutersHARARE – Zimbabwe’s government on Saturday ordered banks to stop lending with immediate effect in a move Harare said was designed to stop speculation against the Zimbabwean dollar and was …
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US and World News
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 and Border Protection (CBP) officer …
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Top HeadlinesUS and World News
Bloomberg reporters in Turkey acquitted over 2018 currency crisis article
by Reutersby ReutersISTANBUL – A Turkish court on Friday acquitted 33 people, including two Bloomberg reporters and other journalists from local media, of spreading false information about the economy in an article …
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Financial News
Canadian Conservative front-runner would ban a central bank digital currency
by Reutersby ReutersBy 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 the Bank of Canada from …
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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 low versus the dollar on …
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Financial News
Central African Republic adopts bitcoin as an official currency
by Reutersby ReutersBANGUI – Central African Republic has adopted bitcoin as an official currency, the presidency said on Wednesday, becoming the first country in Africa and only the second in the world …
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Department of Justice Press Releases
Two Keene Residents Charged In Superseding Indictment With Additional Charges Related to Virtual Currency Exchange Business
by DOJ Pressby DOJ PressCONCORD – 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 financial and fraud crimes, United States …
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Conservative TimesUS and World News
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 enforcement operations to protect against …
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INDIO, Calif. – El Centro Sector Border Patrol agents arrested four United States citizens in two separate events attempting to smuggle narcotics further into the United States. The first incident …