Category: Currency

Thousands of Miles From the Iran War, Asia’s Currencies Feel the Strain

Soaring oil prices and a surging dollar are testing Asia’s foreign-exchange reserves, which were built up after the 1997 crisis.
The World’s Central Banks Are Wrestling With a Gigantic Problem

Inflationary surges and economic slowdowns set off by the war in Iran, tariffs and other Trump policies have forced monetary officials to adjust, our columnist says.
How We Traced U.S. Government Gold to a Drug Cartel

Three reporters followed supply chains to reveal that the U.S. Mint buys gold that comes from foreign pawn shops and drug dealers, then claims it is from the United States.
A Year Later, Trump’s ‘Most Exclusive’ Memecoin Event Is a Lot Less Exclusive

Even a Times reporter qualified for the event, which caused outrage last year for providing access to President Trump in exchange for investment in one of his family’s crypto ventures.
War and Sanctions Accelerate China’s Currency Push

China’s bid to build a renminbi-based financial system beyond the U.S. dollar’s reach is gaining traction as a way to sidestep sanctions.
Crypto Entrepreneur Justin Sun Sues Trump Family’s World Liberty Financial, Accusing It of Fraud

Justin Sun, one of the largest backers of World Liberty Financial, sued the Trump family’s crypto start-up, accusing it of a fraudulent scheme to pressure him into buying digital coins.
Trump’s Signature to Be Added to U.S. Dollars

President Trump is set to be the first sitting president to have his signature appear on America’s currency.
Asia Is Getting Crushed Between Oil Prices and the Dollar

From India to Southeast Asia to South Korea, currencies are crumbling as governments race to secure fuel that is priced in American money.
For America’s 250th, Should the Coin of Trump’s Realm Be Gold?

A federally appointed committee is pushing back on plans to mint gold currency depicting President Trump.
Trump’s New Tariffs Could Face Legal Challenges

Critics are questioning the legality of the provision President Trump has used to replace his previous slate of tariffs, raising the prospect of yet another legal battle.
Tremors in Japan Prompt Treasury to Weigh Currency Intervention

New York Fed inquiries about the cost of exchanging yen for dollars signaled to traders on Friday that the U.S. government might make a large purchase of the Japanese currency.
Greenland Tensions Rattle Global Markets

A slump in U.S. stocks spilled into markets in Asia and Europe on Wednesday, ending a period of relative calm.