Tag: reserve

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Bank of America Says US CBDC Would Preserve Dollar’s Status as World’s Reserve Currency

Bank of America Says US CBDC Would Preserve Dollar’s Status as World’s Reserve Currency

Stablecoins are likely to see an increase in usage in the absence of CBDCs, the bank noted, adding that the two largest by market value, Tether and US [...]
USD/JPY Rate Outlook Hinges on Federal Reserve Interest Rate Decision

USD/JPY Rate Outlook Hinges on Federal Reserve Interest Rate Decision

Japanese Yen Talking PointsUSD/JPY approaches the monthly low (113.38) amid the selloff in global equity prices, but the Federal Reserve interest rat [...]
The Federal Reserve Shares Its Thinking About a US CBDC

The Federal Reserve Shares Its Thinking About a US CBDC

For more than a year, the Federal Reserve has been talking about a forthcoming paper on central bank digital currencies in the U.S. Now that the paper [...]
Federal Reserve Highlights Privacy, Financial Stability Concerns in CBDC White Paper

Federal Reserve Highlights Privacy, Financial Stability Concerns in CBDC White Paper

The U.S. central bank believes the current financial system might be bolstered by the creation of a central bank digital currency (CBDC), but only one [...]
First Mover Asia: Bitcoin, Altcoins Climb Following Fed Reserve Chief's Inflation Reassurances

First Mover Asia: Bitcoin, Altcoins Climb Following Fed Reserve Chief's Inflation Reassurances

Good morning. Here’s what’s happening:Market moves: Bitcoin led a broad crypto recovery ahead of the U.S. CPI release.Technician’s take: Buyers starte [...]
Indonesia’s Foreign Exchange Reserve Drops to $144.9 Bn in December

Indonesia’s Foreign Exchange Reserve Drops to $144.9 Bn in December

TEMPO.CO, Jakarta - Bank Indonesia (BI) recorded a drop in Indonesia’s foreign exchange reserve at US$144.9 billion by the end of December. [...]
‘Move Bangladesh’s forex reserve from US Federal Bank’

‘Move Bangladesh’s forex reserve from US Federal Bank’

A Supreme Court lawyer today served a legal notice on the government -- to take necessary steps in 30 days -- to transfer the foreign reserve curr [...]
Covid: We reserve the possibility of taking further action, says PM

Covid: We reserve the possibility of taking further action, says PM

Boris Johnson has urged the public to "exercise caution" as they go about their lives. www.bbc.co.uk [...]
Federal Reserve: December FOMC Rate Decision

Federal Reserve: December FOMC Rate Decision

FOMC, USD, SPX Talking Points:The Federal Reserve convened for the December rate decision amidst a backdrop of rising inflation [...]
First Mover Asia: Bitcoin, Ether Tumble Ahead of Federal Reserve Meeting

First Mover Asia: Bitcoin, Ether Tumble Ahead of Federal Reserve Meeting

(Edited by James Rubin)Good morning. Here’s what’s happening this morning:Market moves: Bitcoin fell as investor jitters grew over the upcoming Fed [...]
Dollar Down Ahead of U.S. Inflation Data, PBOC Raises FX Reserve Requirements By Investing.com

Dollar Down Ahead of U.S. Inflation Data, PBOC Raises FX Reserve Requirements By Investing.com

© Reuters. By Gina Lee Investing.com – The dollar was down on Friday morning in Asia ahead of U.S. inflation data that could provide clues as [...]
China raises banks’ FX reserve requirements for 2nd time this year

China raises banks’ FX reserve requirements for 2nd time this year

A 100 Yuan note is seen in this illustration picture in Beijing March 7, 2011. REUTERS/David GrayRegister now for FREE unlimited access to reuters [...]
NZD/USD Eyes Channel Break. Chinese Stocks Set to Outpace on FX Reserve Ratio Hike

NZD/USD Eyes Channel Break. Chinese Stocks Set to Outpace on FX Reserve Ratio Hike

New Zealand Dollar, NZD/USD, China, Inflation - Talking PointsNew Zealand Dollar struggles against US Dollar after upbeat US labor data China equi [...]
Australian Reserve Bank’s ‘Project Atom’ CBDC research finds numerous benefits

Australian Reserve Bank’s ‘Project Atom’ CBDC research finds numerous benefits

The Reserve Bank of Australia (RBA) published a report into its two-year research project into wholesale central bank digital currencies (CBDCs) th [...]
Michael Saylor Calls Bitcoin the World’s Reserve Asset but Not so Good for Buying a Cup of Coffee

Michael Saylor Calls Bitcoin the World’s Reserve Asset but Not so Good for Buying a Cup of Coffee

Viewing bitcoin as an asset rather than as a currency also makes life easier from a regulatory perspective. “All of these regulations … they’re rea [...]
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