Justia Dockets & Filings Eleventh Circuit Alabama Alabama Southern District Court United States of America v. $23,000.00, more or less, in U.S. Currency United States of America v. $23,000.00, more or less, in U.S. Currency
Date Filed # Document Text; September 27, 2018: 1 COMPLAINT against $39,980.00, more or less, in U.S. Currency filed by United States of America.
A look back at US dollar to Canadian dollar rates Back in 1864, the Canadian dollar reached its highest ever rate against the US dollar when the US temporarily abandoned the gold standard: an unprecedented amount of $2.78 to C$1.
706 F. Supp. 1075 (1989) UNITED STATES of America, Plaintiff, v. ONE HUNDRED AND THIRTY-FOUR THOUSAND, SEVEN HUNDRED AND FIFTY-TWO DOLLARS UNITED STATES CURRENCY, MORE OR LESS, Defendant-in-Rem.
The government filed a complaint in rem against the cash, under 21 U.S.C. § 881, and moved for summary judgment. Issue. Whether there is a genuine issue of material fact relating to the source of Defendant’s currency.
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However, the court finds a genuine issue of material fact regarding (1) whether Defendant’s travel was for a personal or drug related purpose and (2) whether Defendant’s currency is the product of his life savings or the proceeds of drug activity.
Canada's dollar – known as the "loonie" after the bird depicted on the C$1 coin – is worth US$1.0036 and has been within cents of its US counterpart all year.
And finally, since nothing backs a currency, at the end of the day the U.S. dollar’s value is determined by how it is perceived compared to its peers – the euro and the yen. This is like picking the best looking dog at an ugly mutt contest.
Gene Frieda, global strategist at Pimco, and Adam Cole, chief currency strategist at RBC Europe, discuss the outlook for the dollar and emerging markets.
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