Tag: British Pound Spot

South Sudan Cracks Down on Parallel FX Market to Fight Inflation

South Sudan Cracks Down on Parallel FX Market to Fight Inflation

South Sudan has cracked down on forex dealers in the capital, Juba, in a move the country’s top central banker said was part of an effort to stabilize [...]
Bets on Big FX Devaluation (EGP USD) In Egypt Crushed as IMF Deal Nears

Bets on Big FX Devaluation (EGP USD) In Egypt Crushed as IMF Deal Nears

Investors are rushing to unwind their bets on a big depreciation of the Egyptian currency early this year as the country’s government is nearing a dea [...]
JPMorgan Cuts Egypt From Key Bond Indexes as FX (EGP USD) Shortages Mount

JPMorgan Cuts Egypt From Key Bond Indexes as FX (EGP USD) Shortages Mount

JPMorgan Chase & Co. will exclude Egypt from local-currency bond indexes tracked by billions of dollars worth of emerging market funds, underscori [...]
Calm Rupee (INR USD) Has Traders Scouting Options in Least Volatile FX Market

Calm Rupee (INR USD) Has Traders Scouting Options in Least Volatile FX Market

An unusually calm Indian rupee is prompting traders to turn to derivatives and other crosses that show more signs of life, according to foreign exchan [...]
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