Currency

The “currency carry trade” is one way investors chase returns by moving their money from one country to another, and it can move currency markets. It’s emblematic of the power of interest rates to slosh money around the globe, and it may be growing. 

The U.S. isn’t usually thrilled when a country intervenes in its own currency. But boosting the yen is likely to help Japan’s economy, which could help the U.S. in turn.

A seal or letter-number combo shows you which of the 12 regional banks issued them.

A large number of Americans have gone cashless, but many still have to rely on it.

The currency's dip could be due to the prospect of a weakened U.S. economy in 2023.

Countries that import commodities priced in U.S. dollars, like oil, are paying a lot more. So are nations that have dollar-denominated loans.

What could be the effects of the euro and the U.S. dollar having equal value?

A strong dollar means lower prices for goods from abroad. For countries that import commodities priced in dollars, however, it's bad news.

The ruble is a free-floating currency whose value tracks supply and demand. But sanctions have demolished demand and wrecked the market.

Billions of coins entered circulation in 2021 alone. But the pandemic has slowed supply and created demand.