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The Justice Department, for instance, found that UBS' conduct in the foreign exchange matter had violated the terms of a 2012 Libor settlement, known as a non-prosecution agreement.
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Plunges in world prices for gold and cocoa, its top foreign exchange earners, have made matters worse.
Judge Kim Yong-sang stated, "there is a need to arrest him, given the severity of the matter, as the case seriously affected the foreign exchange market and the nation's sovereign ratings".
I remember their attitude towards foreign exchange regulation at the end of World War II: As a matter of principle, even if they thought they wouldn't get caught, they would abide by it.
The very meddling in currency matters from Capitol Hill is driving an increase in foreign exchange holdings by China.
To the world, which watches as China rises, it matters too — a unified China would be a behemoth with around $3.7 trillion in foreign exchange reserves.
Another lies in foreign exchange.
London, New York, and Tokyo dominate foreign exchange trading.
David Steck, from Deutsche Bank, heads foreign exchange.
Foreign exchange rates hurt revenue by 2 percent.
Foreign exchange reserves will soar.
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