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Reports of the petrodollar system’s demise are ‘fake news’ — here’s why
MarketWatch via Yahoo Finance· 1 day agoStories about the collapse of a longstanding “petrodollar” agreement between the U.S. and Saudi...
JD Supra: Taxation of Foreign Currency Transactions Part I: Definitions and Rules for Taxing Foreign...
JD Supra· 3 days agoNavigating the federal taxation of foreign currency can be compared to trying to cross a perilous sea. Foreign currency</ ...
You took foreign money home from a trip. Here’s how to get cash for it.
Washington Post· 2 days agoUnused foreign currency is a waste of money. According to global charity Oxfam, unutilized foreign...
Fight for control of Yemen's banks between rebels, government threatens to further wreck economy
Associated Press via Yahoo Finance· 5 hours agoYemen’s Houthi rebels and its internationally recognized government are locked in a fight for...
Foreign Card Use Brings US Dollars Back to Venezuela
PYMNTS.com· 3 days agoForeign credit card transactions are reportedly bringing more foreign currency into inflation-plagued Venezuela. As the report notes, ...
Foreign credit card transactions add scarce dollars to Venezuela circulation
Reuters via Yahoo Finance· 3 days agoTransactions paid with foreign credit cards are helping circulate more foreign currency in...
End of Dollar Dominance? Analyst Addresses Rumors Saudi Arabia Will Replace Dollar With Chinese Yuan
Benzinga· 23 hours agoExperts have debunked widespread social media claims about a “petrodollar” agreement between the...
India's forex reserves hit record high
Reuters via Yahoo Finance· 2 days agoThe Reserve Bank of India (RBI) intervenes in the foreign exchange market to curb excess volatility in the rupee. Changes in foreign currency< ...
A Strong Dollar Lifts Currency-Hedged Funds. There’s a Better Reason to Own Them.
Barrons.com· 4 days agoHedging reduces volatility, but many investors like the funds for their recent outperformance. Be...
Foreign Investors Flee Thai Stocks, Fueling World’s Biggest Drop
Bloomberg· 6 days agoHave a confidential tip for our reporters? Foreign investors have sold Thai stocks for 13 straight...