Tag: Investing News
Turkish Finance Minister Sees Single-Digit Inflation by Mid-2023 | Investing News
ISTANBUL (Reuters) -Turkey's annual inflation rate will be in single digits by the time presidential and parliamentary elections set for mid-2023 are [...]
Brazil FX Backed by Good Fiscal Results in South Hemisphere Summer Lull Reuters Poll | Investing News
BUENOS AIRES (Reuters) - Brazil's real will stay backed up by a surprisingly good fiscal performance into the southern hemisphere summer lull as th [...]
Japan Finance Minister: Closely Watching Forex Impact on Economy as Yen Falls | Investing News
TOKYO (Reuters) -Japanese Finance Minister Shunichi Suzuki said on Friday that he was closely watching any impact of currency moves on the economy [...]
Turkey’s Cenbank Says Forex Rule Won’t Burden Exporters – Sources | Investing News
ISTANBUL (Reuters) - Turkish exporters have told the Central Bank they may struggle to meet a new requirement for them to sell 25% of their hard cu [...]
Turkey’s Cenbank Says Forex Rule Won’t Burden Exporters – Sources | Investing News
ISTANBUL (Reuters) - Turkish exporters have told the Central Bank they may struggle to meet a new requirement for them to sell 25% of their hard cu [...]
HSBC and Wells Fargo Use Blockchain to Settle Forex Trades | Investing News
LONDON (Reuters) - HSBC and Wells Fargo have begun using a blockchain platform to settle bilateral foreign currency (FX) trades in the latest sign [...]
Bank of Israel Bought $4 Billion of FX in Nov, Hits $34 Billion in 2021 | Investing News
JERUSALEM (Reuters) - The Bank of Israel said on Tuesday it bought $4 billion of foreign currency in November, its highest monthly amount since May [...]
China Tightens Rules on Forex Trading, Targets Misconduct | Investing News
BEIJING (Reuters) - China's foreign exchange regulator issued guidelines on foreign exchange trading on Friday, targeting market manipulation, frau [...]
EU Fines Barclays, RBS, HSBC, Credit Suisse 344 Million Euros for Forex Cartel | Investing News
BRUSSELS (Reuters) - EU antitrust regulators on Thursday fined Barclays, RBS, HSBC and Credit Suisse a total of 344 million euros ($389.7 million) [...]
Japan’s Finance Ministry Takes Punitive Action Vs Mizuho Over Forex Law | Investing News
TOKYO (Reuters) - Japan's finance ministry on Friday ordered the banking arm of Mizuho Financial Group to take corrective measures over its breach [...]
Borrowing Costs in U.S. Dollars Via FX Swaps at Near 1-Year Highs | Investing News
LONDON (Reuters) - Borrowing costs for U.S. dollars in currency derivatives markets rose to their highest levels in nearly a year on Monday.Three-m [...]
Exclusive – China FX Regulatory Body Proposes Cap on Banks’ Prop Trading | Investing News
SHANGHAI/BEIJING (Reuters) - A central bank-led self-regulatory group that helps to oversee China's foreign exchange industry has asked commercial [...]
China’s Forex Reserves Rise in Oct for First Time Since July | Investing News
BEIJING (Reuters) - China's foreign exchange reserves in October rose on a monthly basis for the first time since July, official data showed on Sun [...]
Brazil Central Bank Sells $1 Billion in Surprise FX Swap Auction | Investing News
SAO PAULO (Reuters) - Brazil's central bank sold $1 billion worth of currency swaps in a surprise auction on Wednesday afternoon, boosting the loca [...]
Nigeria’s Vice President Urges Central Bank to Review FX Management Strategy | Investing News
ABUJA (Reuters) - Nigeria's central bank needs to review its foreign exchange management strategy and ensure that the naira's valuation reflects ma [...]