Tag: DBT
Russia to resume FX interventions with adjusted formula that could boost rouble
A Russian state flag flies over the Central Bank headquarters in Moscow, Russia, August 15, 2023. A sign reads: "Bank of Russia". REUTERS/Shamil Zhuma [...]
LSEG says FX system briefly impacted by technical glitch, it is investigating
A Reserve Bank of India (RBI) logo is seen inside its headquarters in Mumbai, India, April 6, 2023. REUTERS/Francis Mascarenhas//o/File Photo Acquire [...]
India’s forex reserves fall to $583.53 bln as of Oct 20 – cenbank
Woman holds U.S. dollar banknotes in this illustration taken May 30, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsMUMBAI, [...]
Japan finance minister says volatility, not yen levels, key on intervention
Japanese Finance Minister Shunichi Suzuki speaks with the media after a meeting of G7 leaders on the sidelines of G20 finance ministers' and Central B [...]
China central bank, FX regulator meet foreign firms in capital drive
The headquarters of the People's Bank of China, the central bank, is pictured in Beijing, China, February 3, 2020. REUTERS/Jason Lee/File Photo Acqui [...]
India forex reserves top $600 billion, rise to near 15-month high
MUMBAI, July 21 (Reuters) - India's foreign exchange reserves (INFXR=ECI) rose for a third straight week to total $609.02 billion as of July 14, the h [...]
Ukraine’s forex reserves hit record high of nearly $39 billion
KYIV, July 6 (Reuters) - Ukraine's foreign exchange reserves have reached a record high of nearly $39 billion thanks to financial support from Western [...]
EU top court backs consumers in Polish FX mortgage case
WARSAW, June 15 (Reuters) - The European Union's top court on Thursday backed Polish borrowers with Swiss franc-denominated mortgages in a long-runnin [...]
Turkish lira extends losses as Ankara loosens grip on forex market
Lira hits fresh record low versus dollarFall shows move towards freely traded currency - economists'No air of panic' in markets, says traderInvestors [...]
Pakistan central bank’s forex reserves fall $102 million to $4.09 bln in week ended May 26
KARACHI, Pakistan, June 1 (Reuters) - Pakistan's central bank foreign reserves decreased by $102 million to $4.09 billion due to external debt payment [...]
Exclusive: IMF, others should give $100 billion climate foreign-exchange guarantee, document says
Part of more detailed Bridgetown Initiative documentSent to world leaders ahead of June summit in ParisWould help de-risk investments in local currenc [...]
IMF lowers bar on expectations for Argentina’s FX reserves
NEW YORK, April 1 (Reuters) - The International Monetary Fund (IMF) executive board approved changes to Argentina's reserves accumulation target set i [...]
Dollar weakens after U.S. payroll data suggests slowing inflation
NEW YORK, March 10 (Reuters) - The dollar weakened on Friday after data in the U.S. unemployment report for February showed inflation pressures were e [...]
EU top court adviser backs FX borrowers, Polish bank stocks fall
Analysts say opinion is positive for borrowers with FX mortgagesBanks warn if EU top court follows advice it will cost billions Banking stocks fall af [...]
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 [...]