Tag: TOPNWS
London court revives $3.5 bln mass forex lawsuit against banks
LONDON, July 25 (Reuters) - A proposed 2.7 billion pound ($3.5 billion) mass lawsuit against major banks including JPMorgan (JPM.N) and Citigroup (C.N [...]
India forex reserves top $600 billion, rise to near 15-month high
MUMBAI, July 21 (Reuters) - India's foreign exchange reserves (INFXR=ECI) rose for a third straight week to total $609.02 billion as of July 14, the h [...]
FOREX Dollar dives to two-month low, pound scales 15-month peaks on wage growth data
[1/2]U.S. dollars are counted out by a banker counting currency at a bank in Westminster, Colorado November 3, 2009. REUTERS/Rick Wilking/File PhotoD [...]
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
TOKYO, June 20 (Reuters) - Japan's currency policy won't immediately change after the United States removed the country from its monitoring list, Fina [...]
Yen sags to 15-year low vs euro after BOJ rate decision
BOJ keeps rates unchanged, sinks yen broadlyYen poised for largest weekly gain vs euro in three yearsYen falls to six-month low vs dollarU.S. 1-year i [...]
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 [...]
Dollar rallies after Fed signals rate hikes; yuan, kiwi slide
TOKYO, June 15 (Reuters) - The U.S. dollar rallied in Asian trading on Thursday after the Federal Reserve signalled rate hikes later in the year, whil [...]
Fugitive British forex boss sentenced in absence for $88 million fraud
LONDON, June 9 (Reuters) - A British foreign exchange company boss who used investors' cash to fund his luxury lifestyle was sentenced in his absence [...]
Turkish lira extends losses as Ankara loosens grip on forex market
Lira hits fresh record low versus dollarFall shows move towards freely traded currency - economists'No air of panic' in markets, says traderInvestors [...]
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 [...]
Dollar jumps after surprise boost in May payrolls
WASHINGTON, June 2 (Reuters) - The U.S. dollar rose on Friday after May's non-farm payrolls report showed employment numbers surged, while traders wei [...]
Nigeria’s central bank auctions FX at 645 naira, weaker than spot rate
ABUJA, June 2 (Reuters) - Nigeria's central bank has sold the dollar at 645 naira at its latest auction, results showed on Friday, lower than 465 nair [...]
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 [...]
British forex boss convicted for $62mln Ponzi-style fraud
LONDON, May 22 (Reuters) - A British foreign exchange company boss who used investors' cash to fund a luxury lifestyle was convicted in a London court [...]