Tag: FINS08
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
KYIV, July 6 (Reuters) - Ukraine's foreign exchange reserves have reached a record high of nearly $39 billion thanks to financial support from Western [...]
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 [...]
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
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 [...]
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 [...]
British forex boss convicted for $62mln Ponzi-style fraud
LONDON, May 22 (Reuters) - A British foreign exchange company boss who used investors' cash to fund a luxury lifestyle was convicted in a London court [...]
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 [...]
Dollar weakens after U.S. payroll data suggests slowing inflation
NEW YORK, March 10 (Reuters) - The dollar weakened on Friday after data in the U.S. unemployment report for February showed inflation pressures were e [...]
EU top court adviser backs FX borrowers, Polish bank stocks fall
Analysts say opinion is positive for borrowers with FX mortgagesBanks warn if EU top court follows advice it will cost billions Banking stocks fall af [...]
FOREX Yen surges as Kazuo Ueda set to be nominated BOJ governor
LONDON, Feb 10 (Reuters) - The yen strengthened broadly on Friday after the Nikkei reported that the Japanese government was set to appoint Kazuo Ueda [...]
Egypt’s central bank taking action to regulate forex market
CAIRO, Dec 26 (Reuters) - Egypt's central bank said on Monday it is taking all necessary actions to regulate the foreign exchange market and achieve m [...]
Turkish watchdog cuts banks’ forex to capital ratio limit
ISTANBUL, Dec 10 (Reuters) - Turkey's BDDK banking watchdog has set the foreign currency net position to standard capital ratio for banks at a maximum [...]
Egypt’s currency slides as IMF deal triggers new FX regime
Central bank hikes rates in effort to contain inflationIMF says deal can catalyze about $5bln in FY 2022/33Finance rules that snarled imports to be ph [...]