Tag: econ
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 [...]
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 [...]
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, [...]
Asia FX creeps higer as dollar, yields retreat before econ data storm By Investing.com
Investing.com-- Most Asian currencies advanced on Tuesday, reversing some recent losses as the dollar retreated from 2023 peaks before a stri [...]
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
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 [...]
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 [...]
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 [...]
India’s inclusion in global bond index could spark higher FX volatility, bankers say
An India Rupee note is seen in this illustration photo June 1, 2017. REUTERS/Thomas White/Illustration/File photo Acquire Licensing RightsMUMBAI, Sep [...]
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 [...]