Tag: MCE

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Turkey halts lending to more FX-rich firms to boost lira

Turkey halts lending to more FX-rich firms to boost lira

ISTANBUL, Oct 21 (Reuters) - Turkey tightened lending rules for many companies with more than $500,000 in foreign currency cash on Friday, sweeping up [...]
As intervention threat grows, Japan says FX speculators dealt with ‘strictly’

As intervention threat grows, Japan says FX speculators dealt with ‘strictly’

Finmin says cannot tolerate excessive, speculative yen weakeningYen falls beyond 150 to the dollar, 32-year lowMarket players brace for second round o [...]
India’s forex reserves rise for the first time in over two months

India’s forex reserves rise for the first time in over two months

MUMBAI, Oct 14 (Reuters) - India's foreign exchange reserves (INFXR=ECI) rose to $532.87 billion in the week through Oct. 7, the Reserve Bank of India [...]
MOF’s Suzuki: Japan will act resolutely on forex volatility – Kyodo

MOF’s Suzuki: Japan will act resolutely on forex volatility – Kyodo

TOKYO, Oct 15 (Reuters) - There are no changes to Japan's position that it will act resolutely in case of volatility in the currency market, the Kyodo [...]
India’s forex reserves decline to over two-year low

India’s forex reserves decline to over two-year low

MUMBAI, Oct 7 (Reuters) - India's foreign exchange reserves (INFXR=ECI) fell to $532.66 billion in the week through Sept. 30, their lowest level since [...]
Sterling gains on tax cut U-turn, yen weakens past 145 per dollar

Sterling gains on tax cut U-turn, yen weakens past 145 per dollar

SINGAPORE/LONDON, Oct 3 (Reuters) - Sterling rose on Monday after Britain reversed a plan to cut the highest rate of income tax while the yen weakened [...]
India forex reserves notches steepest drop in six months

India forex reserves notches steepest drop in six months

MUMBAI, Sept 30 (Reuters) - India's foreign exchange reserves (INFXR=ECI) fell to $537.52 billion in the week through Sept. 23, notching their steepes [...]
EXCLUSIVE Lebanon will gradually phase in new official FX rate, PM says

EXCLUSIVE Lebanon will gradually phase in new official FX rate, PM says

Lebanese PM says new FX rate to be implemented graduallyAfter IMF criticism, Mikati says Beirut is committed to dealPM says feels savers' pain but war [...]
China forex regulator warns against illegal money outflows

China forex regulator warns against illegal money outflows

BEIJING, Sept 30 (Reuters) - China's foreign exchange regulator named and shamed 10 banks that had assisted illegal capital outflows, vowing to crack [...]
Column: G7 could give FX more attention

Column: G7 could give FX more attention

G7 trade and Economy Ministers line up for a family photo in front of Neuhardenberg Castle, Germany, September 15, 2022. REUTERS/Annegret HilseRegiste [...]
BOJ checks FX rates in apparent preparation for currency intervention – Nikkei

BOJ checks FX rates in apparent preparation for currency intervention – Nikkei

A banknote of Japanese yen is seen with a currency exchange rate graph in this illustration picture taken June 16, 2022. REUTERS/Florence Lo/Illustrat [...]
FOREX Euro plunges to 20-year low after Russian gas halt

FOREX Euro plunges to 20-year low after Russian gas halt

U.S. Dollar and Euro banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/IllustrationRegister now for FREE unlimited acces [...]
Chile central bank modifies norms for access, functioning of foreign exchange market

Chile central bank modifies norms for access, functioning of foreign exchange market

Register now for FREE unlimited access to Reuters.comRegisterAug 30 (Reuters) - Chile's central bank modified the norms that regulate the access and f [...]
Lira near record low; FX windfall seen paving way for Turkey rate cut

Lira near record low; FX windfall seen paving way for Turkey rate cut

Turkish lira banknotes are seen in this illustration taken in Istanbul, Turkey November 23, 2021. REUTERS/Murad Sezer/IllustrationRegister now for FRE [...]
FOREX Yen set for biggest weekly gain in 4 months on peak U.S. rate bets

FOREX Yen set for biggest weekly gain in 4 months on peak U.S. rate bets

LONDON, July 29 (Reuters) - Japan's yen surged on Friday and is on track for its biggest weekly rise in four months against the dollar on bets that U. [...]
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