Tag: exchange rate

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Zambian Currency, the Kwacha, Plunges to New Record Low Against US Dollar – Africa Bitcoin News – Bitcoin.com News

Zambian Currency, the Kwacha, Plunges to New Record Low Against US Dollar – Africa Bitcoin News – Bitcoin.com News

Zambian Currency, the Kwacha, Plunges to New Record Low Against US Dollar – Africa Bitcoin News  Bitcoin.com News news.bitcoin.com [...]
Japan finance chief sees need for stable forex moves amid weak yen

Japan finance chief sees need for stable forex moves amid weak yen

Japanese Finance Minister Shunichi Suzuki on Friday stressed the need for foreign exchange rates to move stably by reflecting eco [...]
Nigerian Currency Reverses Early April Gains, Depreciating by 12% in Seven Days – Africa Bitcoin News – Bitcoin.com News

Nigerian Currency Reverses Early April Gains, Depreciating by 12% in Seven Days – Africa Bitcoin News – Bitcoin.com News

Nigerian Currency Reverses Early April Gains, Depreciating by 12% in Seven Days – Africa Bitcoin News  Bitcoin.com News news.bitcoin.com [...]
Nigerian Central Bank Governor Denies Using Forex Reserves to Defend Local Currency – Africa Bitcoin News – Bitcoin.com News

Nigerian Central Bank Governor Denies Using Forex Reserves to Defend Local Currency – Africa Bitcoin News – Bitcoin.com News

Nigerian Central Bank Governor Denies Using Forex Reserves to Defend Local Currency – Africa Bitcoin News  Bitcoin.com News news.bitcoin.co [...]
Nigerian Central Bank Governor Denies Using Forex Reserves to Defend Local Currency – Africa Bitcoin News – Bitcoin.com News

Nigerian Central Bank Governor Denies Using Forex Reserves to Defend Local Currency – Africa Bitcoin News – Bitcoin.com News

Nigerian Central Bank Governor Denies Using Forex Reserves to Defend Local Currency – Africa Bitcoin News  Bitcoin.com News news.bitcoin.co [...]
JPY USD: Japan FX Chief Warns No Options Ruled Out After Yen Falls to Key Level

JPY USD: Japan FX Chief Warns No Options Ruled Out After Yen Falls to Key Level

Japan’s top currency official warned that authorities will consider all their options for the foreign exchange market and are ready to respond to any [...]
RBI Regulation: Exchange-Traded FX Derivatives Must Be Hedged

RBI Regulation: Exchange-Traded FX Derivatives Must Be Hedged

India’s central bank is said to have confirmed that exchange-traded currency derivative contracts linked to the rupee can only be offered for hedging [...]
Japan issues fresh warning against excessive yen moves

Japan issues fresh warning against excessive yen moves

By Leika KiharaSAO PAULO (Reuters) -Japan stands ready to take appropriate action against excessive exchange-rate moves, its top currency diplomat sai [...]
Nigeria Central Bank Vows to Clear Forex Backlog ‘Within a Short Time’

Nigeria Central Bank Vows to Clear Forex Backlog ‘Within a Short Time’

Nigeria’s central bank said it plans to clear a foreign-exchange backlog estimated at about $5 billion within a short space of time as it seeks to att [...]
Nigeria (NGN/USD) Brings Naira Forex Into Open to Defeat Street Market

Nigeria (NGN/USD) Brings Naira Forex Into Open to Defeat Street Market

Nigeria is bringing foreign-exchange trading back into public view, the latest step in its bid to narrow the gap between the official and unofficial r [...]
JPMorgan Cuts Egypt From Key Bond Indexes as FX (EGP USD) Shortages Mount

JPMorgan Cuts Egypt From Key Bond Indexes as FX (EGP USD) Shortages Mount

JPMorgan Chase & Co. will exclude Egypt from local-currency bond indexes tracked by billions of dollars worth of emerging market funds, underscori [...]
FX Intervention Has Lost Its Taboo in Asia

FX Intervention Has Lost Its Taboo in Asia

You know the dollar is brawny when intervention isn’t whispered or inferred, but spoken plainly. That’s now the case in parts of Asia, where, despite [...]
Japan monitoring foreign exchange volatility, yen falling sharply: minister

Japan monitoring foreign exchange volatility, yen falling sharply: minister

Japan is closely watching volatility in foreign exchange markets and will respond appropriately to rapid movements, Finance Minis [...]
Kenya Shilling Pays Price Of Year Of Blunders, Treasury Chief Says

Kenya Shilling Pays Price Of Year Of Blunders, Treasury Chief Says

The Kenyan shilling’s sharp slide against the dollar follows years of policy missteps at the central bank, according to Treasury Secretary Njuguna Ndu [...]
Bangladesh Allows Banks to Add Premium on Forward FX Deals

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 [...]
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