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| As some businesses go credit-only, cash loses its currency NEW YORK — The other day at Dig Inn, a just-opened lunch spot on Broadway and 38th Street in Midtown Manhattan, Shania Bryant committed a consumer faux pas. She placed her order for chicken and brown rice and yams, and when she got to the register, she held out a $50 bill. "Sorry," the cashier ...
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| Bahamas government eases foreign exchange restrictions Prime Minister Dr. Hubert Minnis said that Bahamians and residents will be given approval to repatriate foreign currency deposits or investment assets at the same foreign currency value upon application to the Central Bank of The Bahamas. He said no penalties will be imposed on regularized accounts ...
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| Currency redenomination risk And while we don't believe the euro is facing an existential threat, just the presence of redenomination risk is enough to complicate the 6 Mar 2017 Put differently: just as lenders who lend in the borrower's own currency assume currency risk, those who lend under the borrower's own law assume legal ...
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