Currency

By David Lawder WASHINGTON – If China wants its yuan to become a globally used currency, Beijing would need to have open capital markets and full currency convertibility, the International …

(Reuters) – A precipitous drop in the yen has investors wary that Japan intervenes in the open market to support the currency. [FRX/] It is more than a decade since …

By Leika Kihara and Tetsushi Kajimoto TOKYO – Japanese policymakers escalated their warnings against sharp yen falls with the finance minister saying the currency’s slump to two-decade lows versus the …

            CONCORD – Andrew Spinella, 36, of Derry, Renee Spinella, 24, of Derry, and Nobody, a/k/a Richard Paul, 53, of Keene, pleaded guilty last week …

By Leika Kihara TOKYO -Japanese Prime Minister Fumio Kishida said the central bank’s monetary policy is aimed at achieving its 2% inflation target, not at manipulating currency rates, brushing aside …

BROWNSVILLE, Texas – U.S. Customs and Border Protection officers working at the Brownsville and Matamoros International Bridge Port of Entry seized $106,000 in bulk, unreported U.S. currency.    “Our officers …

WASHINGTON – U.S. Treasury Secretary Janet Yellen said it would be “a long time, if ever” before the U.S. dollar was replaced as the key reserve currency in the global …

Tampa, Florida – U.S. District Judge Virginia Hernandez Covington has sentenced Anthony Wayne Smith (58, Bradenton) to 18 months in federal prison for manufacturing counterfeit currency. The Court also ordered …

By Patrick Werr CAIRO – Gulf Arab states are channelling up to $22 billion to Egypt to help it overcome a currency crisis, the third such rescue in a decade, …

By Leika Kihara and Yoshifumi Takemoto TOKYO – Japan has little to cheer about a weak yen, which reflects its deteriorating economic fundamentals and trade deficit, the country’s former top …

By Leika Kihara and Tetsushi Kajimoto TOKYO – Japanese policymakers escalated their warning against sharp yen falls, with the country’s top currency diplomat saying Tokyo and Washington agreed to “communicate …

– U.S. Federal Reserve Governor Christopher Waller said on Friday he is not convinced of the need for a central bank digital currency, particularly for retail customers who already have …

By Jorgelina do Rosario LONDON – JPMorgan analysts have slapped a sell, or ‘underweight’, recommendation on emerging market local currency sovereign debt due to the global fallout from the Russia-Ukraine …

By Leika Kihara and Yoshifumi Takemoto TOKYO – Tightening monetary policy or intervening in the currency market will do little to reverse unwelcome yen declines that inflate already rising fuel …

By Leika Kihara and Takahiko Wada TOKYO – Sanctions imposed on Russia could prod more countries like China to look at central bank digital currencies (CBDC) as a tool to …

LVIV, Ukraine – Ukrainian Finance Minister Serhiy Marchenko said on Monday he believed the hryvnia currency rate would remain stable. “Exchange rate stability will be maintained,” he said on national …

LIMA – A greater supply of dollars from the mining sector in Peru – the world’s No. 2 copper producer – is pushing up the local sol currency, which has …

MOSCOW – Queues of people snaked through Moscow shopping malls on Tuesday as the scramble for hard currency continued, and Russians faced increasing isolation as sanctions made travel harder and …

The Russian ruble plummeted to a record low value Monday after Western countries announced sanctions on Russia as the nation’s invasion of Ukraine intensified, multiple sources reported. The ruble tumbled …

By Tom Wilson LONDON – Trading volumes between the Russian rouble and the Tether cryptocurrency spiked sharply on Monday as the local currency tumbled to a record low on Western …

MOSCOW – Russia’s central bank said on Sunday it was temporarily easing restrictions on banks’ open foreign currency positions after the West decided to block certain Russian banks’ access to …

– Rating agency S&P said on Friday it lowered Russia’s long-term foreign currency sovereign credit ratings to ‘BB+/B’ from ‘BBB-/A-3’ and local currency ratings to ‘BBB-/A-3’ from ‘BBB/A-2’. The sanctions …

– Federal Reserve Board Governor Lael Brainard on Friday laid out a case for the role a U.S. central bank digital currency could play in bolstering financial stability as the …

(Refiles to correct 14th paragraph by adding missing word research to analyst job title) By Alun John HONG KONG – As the Bank of Japan asserts its standing as a …

By Sheila Dang – Coinbase Global on Tuesday said it is launching a pilot program to allow cryptocurrency recipients in Mexico to cash out their funds in pesos, a move …