Tag: Emerging markets
Russia Extends Mandatory FX Sales Through April 2025
Russia has extended mandatory FX sales for major exporters by one year, a decision the government said will help to maintain a stable ruble.The Russia [...]
USD/CNY: Weak Yuan Would Most Impact Southeast Asian Currencies
China watchers calling for Beijing to loosen its grip on the besieged yuan need to be mindful of the risk that it unleashes a chain reaction rocking e [...]
How ‘quiet luxury’ is subtly taking over investor portfolios
VIENNA, AUSTRIA - NOVEMBER 25, 2022: Karin Teigl is seen wearing Hermès yellow leather mini Kelly, Baum & Pferdgarten green leather jacket, Lumina [...]
Emerging-Market Rebound Yields Best Annual FX Rally Since 2017
(Bloomberg) -- Emerging-market currencies closed out their best year since 2017 after soaring in the final quarter as the outlook for lower interest r [...]
EMERGING MARKETS-Stocks steady after China stimulus, FX inch down amid geopolitical jitters
*S&P Global revises Israel's outlook to 'negative'*China's issues $137 bln new bonds to help economic recovery*EM equities up 0.1%, FX off 0.2%By [...]
USD/NGN: Naira: Tinubu Pledges to Ease Liquidity Crunch: Nigeria Summit
Nigeria expects to receive $10 billion of inflows in the coming weeks that will help ease a liquidity crunch weighing on the naira.The government has [...]
Emerging Markets Foreign Exchange: Latest News in Asia
Emerging Asian central banks are turning to innovative ways to protect their currencies as fears over higher-for-longer US interest rates and rising g [...]
Ukraine Central Bank Weekly Net FX Sales Totaled $1.15 Billion
Ukraine supported the hryvnia with $1.15 billion in net sales of foreign exchange in the first week of a more flexible currency policy aimed at helpin [...]
Bangladesh Allows Banks to Add Premium on Forward FX Deals
Bangladesh allowed dealers to add a premium on non-deliverable forward contracts for the first time, as the central bank stepped up efforts to loosen [...]
Philippine FX Market Closed Sept. 1, Bankers Association of the Philippines Says
There will be no trading on the Philippine currency market on Friday after heavy monsoon rains prompted suspension of work in government offices inclu [...]
PGA-Saudi LIV Golf merger just the beginning for kingdom in pro sports
The controversial mega merger between the PGA Tour and Saudi Arabia's LIV Golf is just one step in the kingdom's ambitious tourism and investment stra [...]
A New Way to Hedge Forex Could Unlock Trillions for Clean Energy
This is from the Green Daily newsletter. Sign up to receive it in your inbox. Solar and wind power are the cheapest sources of energy in most o [...]
PGA Tour, LIV Golf merger a win for Saudis, sparks criticism
The two-year-long fight between the PGA Tour and Saudi Arabia's LIV Golf ended with a stunning announcement that the archrivals are now joining forces [...]
Popular emerging market FX trade back with global rates peaking
The stars are aligning in favor of a popular currency trade that [...]
Inflation peaked but will remain above pre-Covid levels: Mastercard
Inflation has already peaked, but it will remain above pre-Covid levels in 2023, said David Mann, chief economist for Asia-Pacific, Middle East and Af [...]