Tag: fin

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Olam Group denies allegations of multi-billion dollar forex fraud in Nigeria

Olam Group denies allegations of multi-billion dollar forex fraud in Nigeria

An Olam logo is pictured in their office in Singapore August 14, 2017. REUTERS/Edgar Su/File Photo Acquire Licensing RightsSept 11 (Reuters) - Singa [...]
US dollar flat, but on track for eight straight weeks of gains; yuan sinks

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 [...]
Citi buys stake in Peruvian foreign exchange fintech

Citi buys stake in Peruvian foreign exchange fintech

The Citigroup Inc (Citi) in Toronto, Ontario, Canada October 19, 2017. Picture taken October 19, 2017. REUTERS/Chris Helgren/File Photo Acquire Licen [...]
Turkey begins rolling back costly FX-protected deposits

Turkey begins rolling back costly FX-protected deposits

Woman holds Turkish Lira banknotes in this illustration taken May 30, 2022. REUTERS/Dado Ruvic/Illustration Acquire Licensing RightsANKARA, Aug 20 (R [...]
London court revives $3.5 bln mass forex lawsuit against banks

London court revives $3.5 bln mass forex lawsuit against banks

LONDON, July 25 (Reuters) - A proposed 2.7 billion pound ($3.5 billion) mass lawsuit against major banks including JPMorgan (JPM.N) and Citigroup (C.N [...]
FOREX Dollar dives to two-month low, pound scales 15-month peaks on wage growth data

FOREX Dollar dives to two-month low, pound scales 15-month peaks on wage growth data

[1/2]U.S. dollars are counted out by a banker counting currency at a bank in Westminster, Colorado November 3, 2009. REUTERS/Rick Wilking/File PhotoD [...]
Ukraine’s forex reserves hit record high of nearly $39 billion

Ukraine’s forex reserves hit record high of nearly $39 billion

KYIV, July 6 (Reuters) - Ukraine's foreign exchange reserves have reached a record high of nearly $39 billion thanks to financial support from Western [...]
Yen sags to 15-year low vs euro after BOJ rate decision

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

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 [...]
Dollar rallies after Fed signals rate hikes; yuan, kiwi slide

Dollar rallies after Fed signals rate hikes; yuan, kiwi slide

TOKYO, June 15 (Reuters) - The U.S. dollar rallied in Asian trading on Thursday after the Federal Reserve signalled rate hikes later in the year, whil [...]
Fugitive British forex boss sentenced in absence for $88 million fraud

Fugitive British forex boss sentenced in absence for $88 million fraud

LONDON, June 9 (Reuters) - A British foreign exchange company boss who used investors' cash to fund his luxury lifestyle was sentenced in his absence [...]
Dollar jumps after surprise boost in May payrolls

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

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 [...]
Exclusive: IMF, others should give $100 billion climate foreign-exchange guarantee, document says

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 [...]
Japan Fin Min Suzuki says closely watching FX move, FX rates should be set by fundamentals – ForexLive

Japan Fin Min Suzuki says closely watching FX move, FX rates should be set by fundamentals – ForexLive

Japan Fin Min Suzuki says closely watching FX move, FX rates should be set by fundamentals  ForexLive www.forexlive.com [...]
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