Fed Quarantines Cash from Asia In Precautionary Bid to Stem Coronavirus Spread

Fed Quarantines Cash from Asia In Precautionary Bid to Stem Coronavirus Spread
A 50-dollar note is seen in this June 22, 2017 illustration photo. Reuters/Thomas White/Illustration
Tom Ozimek
Tom Ozimek
Reporter
|Updated:

A Federal Reserve spokesperson told Reuters Friday that banknotes coming into the United States from Asia were being subjected to a mandatory quarantine due to concerns over potential coronavirus contagion.

The quarantine, which lasts from seven to 10 days, pertains to shipments of physical bills the Fed routinely receives from Asian countries that are first processed and then redistributed within the United States.

Tom Ozimek
Tom Ozimek
Reporter
Tom Ozimek is a senior reporter for The Epoch Times. He has a broad background in journalism, deposit insurance, marketing and communications, and adult education.
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