Tag: NEWS1

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Forex swings will upend lucrative yen carry trade

Forex swings will upend lucrative yen carry trade

A visitor washes Japanese yen banknotes and coins in water to pray for prosperity at Koami shrine in Tokyo's Nihonbashi business district, Japan, Nove [...]
Exclusive: China to name finance veteran Zhu as new forex chief, sources say

Exclusive: China to name finance veteran Zhu as new forex chief, sources say

The building of State Administration of Foreign Exchange (SAFE) is pictured in Beijing, China, January 11, 2017. REUTERS/Jason Lee/File Photo Acquire [...]
Dollar posts steep weekly fall, trades below 150 yen

Dollar posts steep weekly fall, trades below 150 yen

[1/2]A woman counts U.S. dollar bills at her home in Buenos Aires, Argentina August 28, 2018. Picture taken August 28, 2018. REUTERS/Marcos Brindicci/ [...]
Japan tells G20 it may need to act in FX market

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

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 [...]
China forex reserves fall to $3.115 trln in September

China forex reserves fall to $3.115 trln in September

A bank employee count China’s renminbi (RMB) or yuan notes next to U.S. dollar notes at a Kasikornbank in Bangkok, Thailand, January 26, 2023. REUTERS [...]
Japan finance minister says volatility, not yen levels, key on intervention

Japan finance minister says volatility, not yen levels, key on intervention

Japanese Finance Minister Shunichi Suzuki speaks with the media after a meeting of G7 leaders on the sidelines of G20 finance ministers' and Central B [...]
China central bank, FX regulator meet foreign firms in capital drive

China central bank, FX regulator meet foreign firms in capital drive

The headquarters of the People's Bank of China, the central bank, is pictured in Beijing, China, February 3, 2020. REUTERS/Jason Lee/File Photo Acqui [...]
Japan won’t rule out options to halt FX speculation, officials say

Japan won’t rule out options to halt FX speculation, officials say

[1/2]A banknote of Japanese yen is seen in this illustration picture taken June 15, 2022. REUTERS/Florence Lo/Illustration Acquire Licensing RightsTO [...]
China to cut banks’ FX reserve ratio to rein in yuan weakness

China to cut banks’ FX reserve ratio to rein in yuan weakness

The headquarters of the People's Bank of China, the central bank, is pictured in Beijing, China, February 3, 2020. REUTERS/Jason Lee/File Photo Acqui [...]
Ukraine’s forex reserves hit record high of nearly $39 billion

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 [...]
China foreign-exchange regulator Pan Gongsheng named central-bank party boss

China foreign-exchange regulator Pan Gongsheng named central-bank party boss

July 1 (Reuters) - China's ruling Communist Party appointed central bank Deputy Governor Pan Gongsheng as the bank's party secretary on Saturday, a mo [...]
Japan finance minister says no change in foreign-exchange policy after US report

Japan finance minister says no change in foreign-exchange policy after US report

TOKYO, June 20 (Reuters) - Japan's currency policy won't immediately change after the United States removed the country from its monitoring list, Fina [...]
EU top court backs consumers in Polish FX mortgage case

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 [...]
Lira plunges more than 7% as Turkey edges towards free market

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 [...]
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