Tag: Eco
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 [...]
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 [...]
Sterling gains on tax cut U-turn, yen weakens past 145 per dollar
SINGAPORE/LONDON, Oct 3 (Reuters) - Sterling rose on Monday after Britain reversed a plan to cut the highest rate of income tax while the yen weakened [...]
EXCLUSIVE Lebanon will gradually phase in new official FX rate, PM says
Lebanese PM says new FX rate to be implemented graduallyAfter IMF criticism, Mikati says Beirut is committed to dealPM says feels savers' pain but war [...]
Fintech App Eco to Convert User Balances From US Dollars to USDC
Eco will utilize digital settlement-service platform Zero Hash.
www.coindesk.com [...]
China forex regulator warns against illegal money outflows
BEIJING, Sept 30 (Reuters) - China's foreign exchange regulator named and shamed 10 banks that had assisted illegal capital outflows, vowing to crack [...]
Column: G7 could give FX more attention
G7 trade and Economy Ministers line up for a family photo in front of Neuhardenberg Castle, Germany, September 15, 2022. REUTERS/Annegret HilseRegiste [...]
BOJ checks FX rates in apparent preparation for currency intervention – Nikkei
A banknote of Japanese yen is seen with a currency exchange rate graph in this illustration picture taken June 16, 2022. REUTERS/Florence Lo/Illustrat [...]
Chile central bank modifies norms for access, functioning of foreign exchange market
Register now for FREE unlimited access to Reuters.comRegisterAug 30 (Reuters) - Chile's central bank modified the norms that regulate the access and f [...]
Europe Slips Toward Recession as ECB Mulls Steps Ahead: Eco Week – Forex Factory
Europe Slips Toward Recession as ECB Mulls Steps Ahead: Eco Week Forex Factory
www.forexfactory.com [...]
Lira near record low; FX windfall seen paving way for Turkey rate cut
Turkish lira banknotes are seen in this illustration taken in Istanbul, Turkey November 23, 2021. REUTERS/Murad Sezer/IllustrationRegister now for FRE [...]
FOREX Yen set for biggest weekly gain in 4 months on peak U.S. rate bets
LONDON, July 29 (Reuters) - Japan's yen surged on Friday and is on track for its biggest weekly rise in four months against the dollar on bets that U. [...]
FOREX Dollar crumbles vs yen, in line with Treasury yields, as U.S. growth falls in Q2
Dollar posts largest daily fall vs yen since March 2020U.S. GDP contracts by 0.9% in Q2Fed funds futures pull back rate hike expectationsNEW YORK, Jul [...]