Tag: ECI
Forex swings will upend lucrative yen carry trade
A visitor washes Japanese yen banknotes and coins in water to pray for prosperity at Koami shrine in Tokyo's Nihonbashi business district, Japan, Nove [...]
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 [...]
Exclusive: China to name finance veteran Zhu as new forex chief, sources say
The building of State Administration of Foreign Exchange (SAFE) is pictured in Beijing, China, January 11, 2017. REUTERS/Jason Lee/File Photo Acquire [...]
Dollar posts steep weekly fall, trades below 150 yen
[1/2]A woman counts U.S. dollar bills at her home in Buenos Aires, Argentina August 28, 2018. Picture taken August 28, 2018. REUTERS/Marcos Brindicci/ [...]
Nigeria gets refineries investment, forex pledge from Saudi Arabia
Nigeria's President Bola Tinubu looks on after his swearing-in ceremony in Abuja, Nigeria May 29, 2023. REUTERS/Temilade Adelaja/File Photo Acquire L [...]
Explainer: What is pushing the Nigerian naira to record lows?
A man counts Nigerian naira notes in a market place in Yola, Nigeria, February 22, 2023. REUTERS/Esa Alexander/File Photo Acquire Licensing RightsABU [...]
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, [...]
India’s forex reserves drop for 5th week; fall to over 5-month low
An India Rupee note is seen in this illustration photo June 1, 2017. REUTERS/Thomas White/Illustration/File Photo Acquire Licensing RightsMUMBAI, Oct [...]
Bank of Israel to sell $30 billion of forex to stabilize shekel amid Gaza war
JERUSALEM, Oct 9 (Reuters) - The Bank of Israel said on Monday it will sell up to $30 billion of foreign currency in the open market, the central bank [...]
India’s forex reserves drop for 4th week, fall to over 5-month low
A cashier checks Indian rupee notes inside a room at a fuel station in Ahmedabad, India, September 20, 2018. REUTERS/Amit Dave/File Photo Acquire Lic [...]
China forex reserves fall to $3.115 trln in September
A bank employee count China’s renminbi (RMB) or yuan notes next to U.S. dollar notes at a Kasikornbank in Bangkok, Thailand, January 26, 2023. REUTERS [...]
India’s forex reserves fall to 4-month low
MUMBAI, Sept 29 (Reuters) - India's foreign exchange reserves (INFXR=ECI) fell for a third straight week and were at a four-month low of $590.70 billi [...]
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 [...]
US dollar flat, but on track for eight straight weeks of gains; yuan sinks
U.S dollar's eight-week winning streak is longest since 2014But dollar index weekly gains getting smaller -analystChina's onshore yuan hits 2007 lowCa [...]
China to cut banks’ FX reserve ratio to rein in yuan weakness
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 [...]