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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...
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, ...
Fight for control of Yemen's banks between rebels, government threatens to further wreck economy
Associated Press via Yahoo Finance· 8 hours agoYemen’s Houthi rebels and its internationally recognized government are locked in a fight for...
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...
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< ...
Russian Stock Market Suspends Dollar Trades After US Sanctions
International Business Times· 3 days agoRussia's main stock exchange halted dollar and euro trades on Thursday after the United States hit...
End of Dollar Dominance? Analyst Addresses Rumors Saudi Arabia Will Replace Dollar With Chinese Yuan
Benzinga· 1 day agoExperts have debunked widespread social media claims about a “petrodollar” agreement between the...
Russia adopts Chinese yuan-to-ruble as benchmark exchange rate after US sanctions force a further...
INSIDER via Yahoo News· 3 days agoRussia's central bank said on Thursday that the currencies from "friendly countries" and the ruble...
Reports of the petrodollar system’s demise are ‘fake news’ — here’s why
Market Watch· 1 day agoThe collapse of the accord would inevitably deal a fatal blow to the U.S. dollar’s status as the de...