Tag: ASXPAC
FOREX U.S. dollar flat to moderately higher, weak outlook intact on Fed outlook
Dollar outlook remains tilted to downside, analysts sayRate futures price in rate cuts by end-2023NY Fed's Williams says peak rate likely between 5%-5 [...]
Dollar edges down as traders look to central banks for cues
NEW YORK, Jan 25 (Reuters) - The dollar edged down against the euro on Wednesday in subdued trading as investors were hesitant to make any big bets ah [...]
India’s foreign exchange reserves rise to 5-month high
MUMBAI, Jan 20 (Reuters) - India's foreign exchange reserves (INFXR=ECI) rose to $572 billion in the week through Jan. 13, their highest level since e [...]
China fx reserves rise $11 bln to $3.128 trillion in December
BEIJING, Jan 7 (Reuters) - China's foreign exchange reserves rose in December, official data showed on Saturday, as the dollar fell against other majo [...]
FOREX Dollar wavers after Fed minutes offer few surprises
LONDON/SINGAPORE, Jan 5 (Reuters) - The dollar was roughly flat in choppy trading on Thursday after the release of the latest Federal Reserve minutes. [...]
India’s forex reserves rise for 4th week, hit over 3-month high
MUMBAI, Dec 9 (Reuters) - India's foreign exchange reserves (INFXR=ECI) rose for a fourth week to an over three-month high of $561.16 billion in the w [...]
Turkish watchdog cuts banks’ forex to capital ratio limit
ISTANBUL, Dec 10 (Reuters) - Turkey's BDDK banking watchdog has set the foreign currency net position to standard capital ratio for banks at a maximum [...]
India’s forex reserves post biggest weekly gain in more than a year
MUMBAI, Nov 4 (Reuters) - India's foreign exchange reserves (INFXR=ECI) rose to $531.08 billion in the week through Oct. 28, marking their biggest wee [...]
FOREX Dollar tumbles as U.S. nonfarm payrolls show mixed picture
U.S. economy adds 261,000 new jobs, but unemployment risesDollar posts third weekly drop vs yenU.S. rate futures price in 51% chance of 75 bps hikeNEW [...]
Egypt’s currency slides as IMF deal triggers new FX regime
Central bank hikes rates in effort to contain inflationIMF says deal can catalyze about $5bln in FY 2022/33Finance rules that snarled imports to be ph [...]
Turkey halts lending to more FX-rich firms to boost lira
ISTANBUL, Oct 21 (Reuters) - Turkey tightened lending rules for many companies with more than $500,000 in foreign currency cash on Friday, sweeping up [...]
As intervention threat grows, Japan says FX speculators dealt with ‘strictly’
Finmin says cannot tolerate excessive, speculative yen weakeningYen falls beyond 150 to the dollar, 32-year lowMarket players brace for second round o [...]
India’s forex reserves rise for the first time in over two months
MUMBAI, Oct 14 (Reuters) - India's foreign exchange reserves (INFXR=ECI) rose to $532.87 billion in the week through Oct. 7, the Reserve Bank of India [...]
MOF’s Suzuki: Japan will act resolutely on forex volatility – Kyodo
TOKYO, Oct 15 (Reuters) - There are no changes to Japan's position that it will act resolutely in case of volatility in the currency market, the Kyodo [...]
India’s forex reserves decline to over two-year low
MUMBAI, Oct 7 (Reuters) - India's foreign exchange reserves (INFXR=ECI) fell to $532.66 billion in the week through Sept. 30, their lowest level since [...]