Tag: PEG
USD/HKD: Hong Kong Sells Record Amount of Currency to Defend Exchange Peg – Bloomberg.com
USD/HKD: Hong Kong Sells Record Amount of Currency to Defend Exchange Peg Bloomberg.com
www.bloomberg.com [...]
Hong Kong buys US dollars to maintain FX peg in first since 2020 – The Edge Singapore
Hong Kong buys US dollars to maintain FX peg in first since 2020 The Edge Singapore
www.theedgesingapore.com [...]
Hong Kong Buys US Dollars to Maintain FX Peg in First Since 2020 – Bloomberg.com
Hong Kong Buys US Dollars to Maintain FX Peg in First Since 2020 Bloomberg.com
www.bloomberg.com [...]
BB wants forex intervention fund before peg shift
Highlights:
Bangladesh plans forex fund ahead of crawling peg transition
IMF delay over NIR floor affects $1.3B loan tranche
Free float now coul [...]
Synthetix USD stablecoin loses dollar peg, drops to 5-year low of $0.83
The Synthetix protocol’s native stablecoin, Synthetix USD (sUSD), fell to its lowest value in five years, extending a months-long struggle to maintain [...]
Crawling peg system: IMF lauds Bangladesh’s efforts to take forward forex reserves
Talking to BSS, IMF mission chief for Bangladesh Chris Papageorgiou said therefore, ensuring the smooth functioning of the new arrangement shou [...]
TrueUSD Stablecoin (TUSD) Loses $1 Peg Amid Binance’s FDUSD Focus: Analyst
The spike in FDUSD volume, coinciding with TUSD's de-pegging, suggests a transfer to FDUSD for participating in the FDUSD launch pool and joining the [...]
Aave’s GHO Stablecoin Nears Elusive Dollar Peg
The asset, which has been valued at less than $1.00 for nearly all of its life, gained ground this week and rallied to $0.985 for the first time since [...]
Peg Yorkin, Who Helped Bring the Abortion Pill to the U.S., Dies at 96
In 1973, The New York Times called Ms. Yorkin the “queen of Hollywood society,” noting her work as president of SHARE Inc. (the initials stand for Sha [...]
TrueUSD stops minting via Prime Trust, loses dollar peg
Stablecoin TruedUSD (TUSD) slightly lost its dollar peg in the early hours of June 10, following a pause in minting activities through its technology [...]
Argentina drought saps dollar reserves, pressuring FX crawling peg
BUENOS AIRES (Reuters) - Argentina's slow-and-steady currency devaluation plan is coming under rising pressure as a historic drought pummels [...]
USDC Stablecoin Regains Dollar Peg After Silicon Valley Bank-Induced Chaos
The Circle-issued USDC stablecoin regained its peg to the U.S. dollar after falling below the $1 value it was supposed to hold late Friday hours after [...]
Bitcoin price flash spikes to $50K on Binance after USD Coin peg snaps
The panic caused due to USD Coin's (USDC) depeg from the U.S. dollar manifested itself in a wrong order, costing traders $50,000 per Bitcoin (BTC), al [...]
USDC bounces back towards $1 peg after Fed announcement
Circle’s stablecoin USD Coin (USDC) is climbing back to its $1 peg following confirmation from CEO Jeremy Allaire that its reserves are safe and the f [...]
Arthur Hayes Proposes Bitcoin-Backed NakaDollar, Which Would Rely on Exchanges to Maintain Dollar Peg
“We, the crypto faithful, have the tools and the organisations needed to support $1 trillion or more worth of NakaUSD outstanding,” Hayes wrote Thursd [...]