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| UPDATE 1-South Korea, Switzerland set a currency swap -Bank of Korea SEOUL, Feb 9 (Reuters) - South Korea and Switzerland are putting in place a bilateral currency swap agreement, the Bank of Korea said on Friday, strengthening buffers against external financial shocks for both countries. The $10.6 billion agreement, to be formally signed on Feb. 20, will let both ...
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| First virtual currency exchanges raided by Japanese authorities in wake of Coincheck hack The government said Friday it had carried out raids on a number of cryptocurrency exchanges, following a massive hack that saw thieves steal $530 million in virtual currency. The hack of Coincheck was one of the largest of its kind, and prompted authorities to search the firm's offices last week after ...
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| Currency Fluctuations Cause Consternation for Importers Dramatic fluctuations between the dollar and the currencies of key apparel and textile sourcing countries, including China, India, Pakistan, Bangladesh and Turkey, has put U.S. importers in a difficult position. Experts put much of the blame on the "soft" dollar that has evolved in the last few months as ...
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