Tag: NEWS1

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Exclusive: IMF, others should give $100 billion climate foreign-exchange guarantee, document says

Exclusive: IMF, others should give $100 billion climate foreign-exchange guarantee, document says

Part of more detailed Bridgetown Initiative documentSent to world leaders ahead of June summit in ParisWould help de-risk investments in local currenc [...]
India probes education platform Byju’s over alleged forex law violations

India probes education platform Byju’s over alleged forex law violations

April 29 (Reuters) - India's financial crime-fighting agency said on Saturday it had raided three premises linked to education platform Byju's and its [...]
Egypt’s currency slides as IMF deal triggers new FX regime

Egypt’s currency slides as IMF deal triggers new FX regime

Central bank hikes rates in effort to contain inflationIMF says deal can catalyze about $5bln in FY 2022/33Finance rules that snarled imports to be ph [...]
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 [...]
U.S. jury finds Credit Suisse did not rig forex market

U.S. jury finds Credit Suisse did not rig forex market

NEW YORK, Oct 20 (Reuters) - A U.S. jury found on Thursday that Credit Suisse Group AG (CSGN.S) did not conspire with the world's largest banks to rig [...]
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 [...]
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 [...]
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 [...]
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 [...]
Japan gov’t concerned by rapid yen falls, closely eyeing FX with BOJ

Japan gov’t concerned by rapid yen falls, closely eyeing FX with BOJ

TOKYO, July 14 (Reuters) - Japan's government is concerned about the yen's recent sharp falls and will monitor the currency market with even more sens [...]
Japan repeats warning on sliding yen, keeps mum on FX intervention chance

Japan repeats warning on sliding yen, keeps mum on FX intervention chance

Finmin Suzuki refrains from commenting on FX interventionYen hit fresh 20-year low vs dollar this weekWeak yen pushes up import costs for resource-sca [...]
Microsoft warns of forex hit, cuts forecast

Microsoft warns of forex hit, cuts forecast

June 2 (Reuters) - Microsoft Corp (MSFT.O) on Thursday cut its fourth-quarter forecast for profit and revenue, making it the latest U.S. company to wa [...]
Russia’s Nabiullina flags further rate cut, return to inflation target in 2024

Russia’s Nabiullina flags further rate cut, return to inflation target in 2024

Elvira Nabiullina, Governor of Russia's Central Bank, speaks during an interview in Moscow, Russia, June 27, 2019. REUTERS/Evgenia Novozhenina//File P [...]
No Reuters forex reports Friday

No Reuters forex reports Friday

A Euro banknote is seen placed on U.S. Dollar banknotes in this illustration taken, November 28, 2021. REUTERS/Dado Ruvic/IllustrationRegister now for [...]
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