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Monday, December 9, 2019  Spokane, Washington  Est. May 19, 1883
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Stories tagged: currency

UPDATED: Mon., Aug. 5, 2019

S&P 500 plunges in worst loss of year as trade war escalates

U.S. stocks plunged to their worst loss of the year Monday, and investors around the world scrambled to sell on worries about how much President Donald Trump’s worsening trade war …

Facebook’s digital currency may flourish in the analog world

Facebook’s new Libra digital currency is aimed at a huge potential market for financial services – the entire developing world, with billions of people in areas such as India and …

When Spokane made cash: The rise and fall, and rise again, of banks in the Pacific Northwest

Money used to be printed in Spokane, Hillyard and cities across the United States.

UPDATED: Wed., Aug. 15, 2018

Turkey braces for hard times amid currency crisis, U.S. spat

Some Turks are reacting with defiance to their plunging currency and an escalating trade and political dispute with the United States – an indication that they are ready to endure …

Turkey tries to contain crisis but currency keeps falling

Turkey’s central bank took action Monday to free up cash for banks as the country grapples with a currency crisis sparked by concerns over President Recep Tayyip Erdogan’s economic policies …

Venezuela’s currency is worth so little that artisans make purses out of it

Venezuela’s currency has become virtually worthless, making it better used to turn colorful bolivar bills into a purse than to spend them on a purse – or anything else.

UPDATED: Wed., Dec. 13, 2017

Venezuelans seeing bitcoin boom as survival, not speculation

As Venezuela’s national currency loses value at a catastrophic rate, thousands have begun turning to the world of cryptocurrency to salvage what little value remains from their increasingly worthless bolivars.

UPDATED: Sun., Dec. 10, 2017

Bitcoin futures rise as virtual currency hits major exchange

The first-ever bitcoin future jumped after it began trading Sunday as the increasingly popular virtual currency made its debut on a major U.S. exchange.

UPDATED: Fri., June 9, 2017

Pound dives as UK enters new period of uncertainty

The pound fell sharply after Britain’s election saw the Conservatives lose their majority in parliament, raising questions about the next government’s ability to lead the talks to leave the European …

Automated traders take over Bitcoin as easy money beckons

Professionals armed with cutting-edge technology now drive as much as 80 percent of bitcoin trading, mimicking strategies honed by some of the biggest players on Wall Street. To them, bitcoin …

On $100 gold coin, for first time, Lady Liberty is black

On one side of the new $100 gold coin from the U.S. Mint is the image of an eagle in flight, “with eyes toward opportunity and a determination to attain …

Vegans want ‘fat-free’ U.K. 5-pound bank note

The Bank of England’s new plastic 5-pound note is stronger, cleaner and safer – but apparently not suitable for vegetarians.

‘Brexit’ raises fears of global currency wars

The quick rebound in global stocks last week following Britain’s vote to leave the European Union was welcome relief to investors. Many surmised that markets were now looking past the …

What the Brexit turmoil might do to your wallet

Panic over Great Britain’s startling vote to exit the European Union sent global financial markets skidding anew Monday, with shock waves felt from Shanghai to Wall Street. What does it …

Should woman go on $10 bill or $20 bill?

Should Andrew Jackson, America’s seventh president, be worried? Is it true that his days on the $20 bill may be numbered?

Bill calls for allowing gold, silver coins to be used as currency

BOISE – An Idaho House committee voted Tuesday to introduce legislation from Rep. Phil Hart to let Idahoans use gold and silver coins at face value as “legal tender” and …

Greenbacks May Start Taking On That Plastic Feel Officials Studying Idea Of Making Polymer Dollars

The familiar phrase “paying with plastic” may take on an entirely new meaning. The government is testing new materials for the nation’s folding money - including a tough but flexible …

More Counterfeit Bills Turn Up

Two more counterfeit bills have been turned over to Spokane police. A fake $10 bill was passed at a convenience store at 3219 N. Nevada on Thursday, police said. A …

Quarter To Get A New Look - 50 Of Them

The House passed a bill Tuesday to replace the American eagle on the backs of quarters with designs celebrating each of the 50 states. The new quarters - George Washington …

Bogus Bills, 1 For Lemonade, Show Up At Local Businesses

Four counterfeit bills have turned up in the Spokane area - one of them at a children’s lemonade stand. A man in a gray Chevrolet Camaro stopped at the stand …

Coins Of The Realms Quarters Would Keep Heads, Get 50 New Tails

The majestic eagle gracing the back of the quarter for more than half a century may soon temporarily cede its place to such critters as California’s bear and Louisiana’s pelican. …

Dollar Debate Resurrected Government Again Considers Minting Dollar Coins

Although the Susan B. Anthony dollar wasn’t popular, the government is considering minting a new dollar coin. File/The Spokesman-Review

Job News Carries Dollar To Heights

The dollar rose against the Japanese yen and other major currencies Friday on word that U.S. job creation in June was stronger than Wall Street had expected, reinforcing expectations of …

U.S. Giving Ben Franklin A Face Lift New $100 Bills Available Today, Will Help Thwart Counterfeiters

The new $100 bill, top, compared with the outgoing model. Photo by Associated Press

Polar Bear Protests At Canadian Coin Unveiling

Shouting “Help me, I’m an endangered species,” a protester in a polar bear costume interrupted the official launch Monday of Canada’s new $2 coin, which depicts a polar bear on …

Dollar Coin Would Carry Big Bill

People at the U.S. Mint don’t want to change to a dollar coin, because, they say, the switch would carry a big bill. After months of taking a neutral stance, …