Tag: Eco

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Forex swings will upend lucrative yen carry trade

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

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

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

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 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 [...]
LSEG says FX system briefly impacted by technical glitch, it is investigating

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 [...]
FOREX US dollar retreats as risk appetite rises, Fed rate hikes seen as done

FOREX US dollar retreats as risk appetite rises, Fed rate hikes seen as done

U.S. one dollar banknotes are seen in front of displayed stock graph in this illustration taken, February 8, 2021. REUTERS/Dado Ruvic/Illustration/Fil [...]
Poland’s Bank Millennium aims to conclude 1,000 settlements a quarter on FX loans

Poland’s Bank Millennium aims to conclude 1,000 settlements a quarter on FX loans

A logo of Millennium bank, Polish unit of Portugal's Millennium BCP, is pictured on the flag in front of the bank headquarters in Warsaw, Poland Apri [...]
Explainer: What is pushing the Nigerian naira to record lows?

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

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

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 [...]
Japan tells G20 it may need to act in FX market

Japan tells G20 it may need to act in FX market

Japanese Finance Minister Shunichi Suzuki arrives for a news conference during the annual meeting of the International Monetary Fund and the World Ban [...]
Bank of Israel to sell $30 billion of forex to stabilize shekel amid Gaza war

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

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

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 [...]
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