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A 45-year-old Los Angeles man was charged in a $50 million scheme to launder Mexican cartel money...
Fortune via AOL· 6 hours agoThe four-year investigation, “Operation Fortune Runner,” yielded 300 pounds of cocaine, 44 pounds of...
Argentina to Move Real Rates to Positive Territory, IMF Says
Bloomberg· 2 days agoThe International Monetary Fund said Monday that Argentina will move real interest rates into...
Foreign credit card transactions add scarce dollars to Venezuela circulation
Reuters· 6 days agoTransactions paid with foreign credit cards are helping circulate more foreign currency in...
Indonesia central bank intervenes to defend faltering rupiah By Reuters
Investing.com· 5 days agoBank Indonesia (BI) Governor Perry Warjiyo told reporters the central bank intervened in the foreign...
A popular Wall Street currency trade is getting hit by geopolitical uncertainty
Market Watch· 2 days agoThe scale of the victory took markets by surprise and rocked the round-the-clock currency market: ...
Net zero arbitrage is large, but no one-way bet
Reuters· 5 days agoIf macro investing has one signature strategy, it is exploiting the arbitrage between unsustainable policy and irresistible reality. The biggest...
Rouble swings to opaque trading territory after new US sanctions
MSN News· 6 days agoMOSCOW (Reuters) -New U.S. sanctions that forced Russia's leading exchange to halt dollar and euro...
There's a 'stealth erosion' in global US dollar reserves, but there's no dominant replacement yet
Business Insider via Yahoo News· 6 days agoWhile the dollar is still by far the most dominant currency in the forex reserves of the world's...
Verto launches foreign exchange marketplace
Electronic Payments via Yahoo Finance· 4 days agoProduct launch designed to address critical pain points for currency traders with Verto Marketplace overcoming the challenges of limited rate control,...
Global | Council on Foreign Relations
Foreign Relations· 2 days agoIntroduction Since the financial crisis of 2007, central banks around the world have entered into a multitude of bilateral currency swap agreements with one another. The recipient ...