Tag: MMT
Russia to resume FX interventions with adjusted formula that could boost rouble
A Russian state flag flies over the Central Bank headquarters in Moscow, Russia, August 15, 2023. A sign reads: "Bank of Russia". REUTERS/Shamil Zhuma [...]
Explainer: What is pushing the Nigerian naira to record lows?
A man counts Nigerian naira notes in a market place in Yola, Nigeria, February 22, 2023. REUTERS/Esa Alexander/File Photo Acquire Licensing RightsABU [...]
India’s forex reserves fall to $583.53 bln as of Oct 20 – cenbank
Woman holds U.S. dollar banknotes in this illustration taken May 30, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsMUMBAI, [...]
Kenyan shilling slides to fresh low on broad FX demand
A teller counts Kenya shilling notes inside the cashier's booth at a forex exchange bureau in Kenya's capital Nairobi, April 20, 2016. REUTERS/Thomas [...]
India’s forex reserves drop for 5th week; fall to over 5-month low
An India Rupee note is seen in this illustration photo June 1, 2017. REUTERS/Thomas White/Illustration/File Photo Acquire Licensing RightsMUMBAI, Oct [...]
Japan tells G20 it may need to act in FX market
Japanese Finance Minister Shunichi Suzuki arrives for a news conference during the annual meeting of the International Monetary Fund and the World Ban [...]
Bank of Israel to sell $30 billion of forex to stabilize shekel amid Gaza war
JERUSALEM, Oct 9 (Reuters) - The Bank of Israel said on Monday it will sell up to $30 billion of foreign currency in the open market, the central bank [...]
India’s forex reserves fall to 4-month low
MUMBAI, Sept 29 (Reuters) - India's foreign exchange reserves (INFXR=ECI) fell for a third straight week and were at a four-month low of $590.70 billi [...]
India forex reserves top $600 billion, rise to near 15-month high
MUMBAI, July 21 (Reuters) - India's foreign exchange reserves (INFXR=ECI) rose for a third straight week to total $609.02 billion as of July 14, the h [...]
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 [...]
Turkish lira extends losses as Ankara loosens grip on forex market
Lira hits fresh record low versus dollarFall shows move towards freely traded currency - economists'No air of panic' in markets, says traderInvestors [...]
Lira plunges more than 7% as Turkey edges towards free market
Currency in worst selloff since historic 2021 crashAfter election, state's FX-stabilising measures loosenErdogan signalled policy U-turn in naming Sim [...]
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 [...]
India’s forex reserves rise for 4th week, hit over 3-month high
MUMBAI, Dec 9 (Reuters) - India's foreign exchange reserves (INFXR=ECI) rose for a fourth week to an over three-month high of $561.16 billion in the w [...]
India’s forex reserves post biggest weekly gain in more than a year
MUMBAI, Nov 4 (Reuters) - India's foreign exchange reserves (INFXR=ECI) rose to $531.08 billion in the week through Oct. 28, marking their biggest wee [...]