Tag: monetary policy
forex reserves: RBI MPC: India’s forex reserves rise to record high of $651.5 bn as of May 31
India’s forex reserves rose to a record high of $651.5 billion as of May 31, the Reserve Bank of India (RBI) Governor Shaktikanta Das announced on Fri [...]
Onshore Yuan (CNY USD) Falls to Four-Month Low After Key Level Breached
China’s tentative loosening of its vise-like grip on the yuan unleashed a slide in the currency and pulled down its Asian peers along the way.The onsh [...]
U.S. Federal Reserve Gov. Christopher Waller Says DeFi Could Boost Dollar’s Global Strength
Waller, who was appointed to the board in 2020 by then-President Donald Trump, did acknowledge that a future in which people shifted from using dollar [...]
NGN: Nigeria FX Market Attracts $1 Billion of Inflows in Two Weeks Since Revamp
Nigeria’s foreign-exchange market attracted more than $1 billion in the past two weeks as market confidence improves following the central bank’s effo [...]
Raghuram Rajan calls upon EMs to build forex reserves
Emerging-market authorities must take action to protect their economies against spillovers from “populist and extreme" mac [...]
Big Short’s Steve Eisman worries investors are too bullish in 2024
Investor Steve Eisman of "The Big Short" fame is questioning the level of bullishness on Wall Street — even with the market's tepid start to the year. [...]
Forex kitty surges $9.112 bn to $615.971 bn
Mumbai: India’s forex reserves jumped $9.112 billion to $615.971 billion in the week ended December 15 and the quantum of increase is one of the highe [...]
FOREX-Yen awaits critical BOJ outcome; dollar adrift
By Rae WeeSINGAPORE, Dec 19 (Reuters) - The yen rose broadly on Tuesday ahead of a policy decision from the Bank of Japan (BOJ) later in the day which [...]
FOREX-Yen cedes some ground ahead of critical BOJ test
By Rae WeeSINGAPORE, Dec 18 (Reuters) - The yen dipped slightly on Monday as the Bank of Japan (BOJ) kicked off its two-day monetary policy meeting, w [...]
FOREX-Dollar holds near 150 yen as c.bank policy, data deluge awaited
By Rae WeeSINGAPORE, Oct 30 (Reuters) - The dollar inched broadly higher in cautious trade on Monday and held near 150 yen as traders looked to a poli [...]
Middle-Aged Salarymen Amp Up FX Trades to Exploit Volatile Yen (JPY USD)
Salarymen scrolling through their phones on the subway are a common sight in Tokyo, but they aren’t all playing Pokémon Go – many are on trading apps, [...]
Turkey Sets Target for Lenders to Reduce FX-Linked Deposits
Turkey took the first step away from a tool introduced to arrest currency depreciation, as the central bank set a target for banks to reduce their sha [...]
RBI MPC Meeting Live: Rs 1.80 lakh cr of Rs 2,000 notes, nearly half of outstanding notes, have returned back, says Shaktikanta Das
12:39 PMRBI MPC Meeting Live: Don't assume things, Das warns banksNecessary that any segment of the market doesn't prematurely assume certain things a [...]
India Seeks to Deepen Forex Markets With Onshore NDFs
India announced steps to deepen its foreign exchange market by allowing local residents trade currency derivatives contracts popular in the offshore m [...]
EURUSD forecast bullish trade intact as key data eyed
EUR/USD in consolidation after recent gains
Traders eye German CPI and US Core PCE Price Index
Diverging policy between ECB [...]