Tag: EMRG
Indian rupee seen mostly resilient to yuan-fuelled decline in Asia FX
MUMBAI, June 23 (Reuters) - The Indian rupee is expected to not to be too affected by the further slide in the Chinese yuan and by the broad weakness [...]
Taiwan says will it keep talking to US on forex policies
TAIPEI, June 17 (Reuters) - Taiwan's central bank said on Saturday it has smooth communication channels with the U.S. Treasury Department and will kee [...]
Yen sags to 15-year low vs euro after BOJ rate decision
BOJ keeps rates unchanged, sinks yen broadlyYen poised for largest weekly gain vs euro in three yearsYen falls to six-month low vs dollarU.S. 1-year i [...]
EU top court backs consumers in Polish FX mortgage case
WARSAW, June 15 (Reuters) - The European Union's top court on Thursday backed Polish borrowers with Swiss franc-denominated mortgages in a long-runnin [...]
Turkish lira extends losses as Ankara loosens grip on forex market
Lira hits fresh record low versus dollarFall shows move towards freely traded currency - economists'No air of panic' in markets, says traderInvestors [...]
Lira plunges more than 7% as Turkey edges towards free market
Currency in worst selloff since historic 2021 crashAfter election, state's FX-stabilising measures loosenErdogan signalled policy U-turn in naming Sim [...]
India’s forex reserves fall for second straight week
MUMBAI, June 2 (Reuters) - India's foreign exchange reserves (INFXR=ECI) fell for a second consecutive week and stood at a one-month low of $589.14 bi [...]
Dollar jumps after surprise boost in May payrolls
WASHINGTON, June 2 (Reuters) - The U.S. dollar rose on Friday after May's non-farm payrolls report showed employment numbers surged, while traders wei [...]
Nigeria’s central bank auctions FX at 645 naira, weaker than spot rate
ABUJA, June 2 (Reuters) - Nigeria's central bank has sold the dollar at 645 naira at its latest auction, results showed on Friday, lower than 465 nair [...]
Pakistan central bank’s forex reserves fall $102 million to $4.09 bln in week ended May 26
KARACHI, Pakistan, June 1 (Reuters) - Pakistan's central bank foreign reserves decreased by $102 million to $4.09 billion due to external debt payment [...]
Exclusive: IMF, others should give $100 billion climate foreign-exchange guarantee, document says
Part of more detailed Bridgetown Initiative documentSent to world leaders ahead of June summit in ParisWould help de-risk investments in local currenc [...]
Kenyan shilling slides on manufacturer, oil importer FX demand
NAIROBI, May 12 (Reuters) - The Kenyan shilling slid against the dollar on Friday, as manufacturers and oil importers sought limited foreign currency, [...]
China forex reserves rise to $3.205 trln in April
BEIJING, May 7 (Reuters) - China's foreign exchange reserves rose more than expected in April, official data showed on Sunday, as the dollar fell agai [...]
Byju’s CEO assures company’s compliance after raids over alleged forex law violations
NEW DELHI, April 30 (Reuters) - Indian education platform Byju's CEO is confident that the country's financial crime-fighting agency will find the com [...]
India probes education platform Byju’s over alleged forex law violations
April 29 (Reuters) - India's financial crime-fighting agency said on Saturday it had raided three premises linked to education platform Byju's and its [...]