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currencies

Emerging-market currencies to hold most recent gains vs. dollar- Reuters poll

January 4, 2024January 4, 2024
Emerging-market currencies to hold most recent gains vs. Dollar- reuters poll - photo licensed by shore news network.

By Devayani Sathyan BENGALURU (Reuters) – Most emerging-market currencies are set to regain their recent strength later this year after some near-term paralysis as expectations …

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Most EM currencies to rebound in 2024, ‘carry trades’ still attractive: Reuters poll

December 5, 2023

By Vuyani Ndaba and Devayani Sathyan JOHANNESBURG/BENGALURU (Reuters) – Most emerging market currencies will recover 2023 losses and trade modestly higher against the dollar next …

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IMF chief urges more proactive push for central bank digital currencies

November 15, 2023
Imf chief urges more proactive push for central bank digital currencies - photo licensed by shore news network.

By Marc Jones LONDON (Reuters) – The head of the International Monetary Fund has urged countries to make a more proactive push to develop central …

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Emerging market currencies to claw back ground in 2024 as dollar fades: Reuters poll

November 7, 2023November 7, 2023
Emerging market currencies to claw back ground in 2024 as dollar fades: reuters poll - photo licensed by shore news network.

By Devayani Sathyan and Vuyani Ndaba BENGALURU/JOHANNESBURG (Reuters) – Emerging market currencies will take well into next year to start making noticeable gains against a …

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EM currencies face uphill battle as dollar’s supremacy continues: Reuters poll

September 6, 2023
Em currencies face uphill battle as dollar's supremacy continues: reuters poll - photo licensed by shore news network.

By Vivek Mishra and Vuyani Ndaba BENGALURU/JOHANNESBURG (Reuters) – Emerging market currencies will struggle to reclaim the ground lost this year, as high U.S. Treasury …

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Analysis-Fed decoupling boosts emerging market stocks, cools currencies

August 8, 2023
Analysis-fed decoupling boosts emerging market stocks, cools currencies - photo licensed by shore news network.

By Karin Strohecker and Jorgelina do Rosario LONDON (Reuters) – Investors are eyeing gains in emerging markets stocks and a cooling of their currencies amid …

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Analysis-Dollar’s decline throws spotlight on battered commodity currencies

July 26, 2023July 26, 2023
Analysis-dollar’s decline throws spotlight on battered commodity currencies - photo licensed by shore news network.

By Saqib Iqbal Ahmed NEW YORK (Reuters) – Some investors are zeroing in on the battered currencies of commodity-producing countries such as Norway and Australia …

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‘Massive Threat’: DeSantis Says Centralized Digital Currencies Open Door To ‘Social Credit System’

July 14, 2023

‘Massive Threat’: DeSantis Says Centralized Digital Currencies Open Door To ‘Social Credit System’ Harold Hutchison on July 14, 2023 Republican Gov. Ron DeSantis of Florida …

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Bearish bets on Asian currencies firm as weak China growth weighs: Reuters poll

June 29, 2023June 29, 2023
Bearish bets on asian currencies firm as weak china growth weighs: reuters poll - photo licensed by shore news network.

By Upasana Singh (Reuters) – Investors increased bearish bets on most Asian currencies, as a stuttering post-pandemic recovery in China, the world’s second-largest economy, weighed …

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Age of crisis leaves world’s big currencies out of sync

June 28, 2023June 28, 2023
Age of crisis leaves world's big currencies out of sync - photo licensed by shore news network.

By Alun John and Dhara Ranasinghe LONDON (Reuters) – Big global currencies are rarely on different paths. Yet Japan’s yen and China’s yuan are slumping …

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Analysis-Global pension funds eye currencies for additional returns

May 24, 2023
Analysis-global pension funds eye currencies for additional returns - photo licensed by shore news network.

By Laura Matthews NEW YORK (Reuters) – Expectations for lower returns in stocks and bonds are sending some pension funds into currency markets to diversify …

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Citigroup’s global head of currencies, Staley, to leave bank – memo

April 27, 2023
Citigroup's global head of currencies, staley, to leave bank - memo - photo licensed by shore news network.

By Laura Matthews NEW YORK (Reuters) – Citigroup Inc’s global head of foreign exchange, Stuart Staley, is leaving the bank and an interim head will …

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Analysis-Rates shift gives European currencies fresh legs

April 19, 2023
Analysis-rates shift gives european currencies fresh legs - photo licensed by shore news network.

By Alun John LONDON (Reuters) – The euro and pound are being whisked along by a conveyor belt of interest rate hikes in Europe just …

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SNB sold $24bln in foreign currencies during 2022 in intervention U-turn

March 21, 2023
Snb sold $24bln in foreign currencies during 2022 in intervention u-turn - photo licensed by shore news network.

ZURICH (Reuters) -The Swiss National Bank sold 22.3 billion Swiss francs ($23.97 billion) worth of foreign currencies interventions last year, the central bank said in …

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Thai central bank: baht strengthening in line with regional currencies

November 11, 2022November 11, 2022
Thai central bank: baht strengthening in line with regional currencies - photo licensed by shore news network.

BANGKOK (Reuters) – The strengthening of Thailand’s baht was in line with regional currencies, the central bank said in a statement on Friday. The currency …

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France, Singapore, Switzerland jointly test central bank digital currencies

November 2, 2022November 2, 2022

LONDON (Reuters) – France, Singapore and Switzerland have launched a joint trial of their experimental central bank digital currencies (CBDCs) in the first cross-regional trial …

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Binance CEO sees no threat to crypto from central banks’ digital currencies

November 2, 2022
Binance ceo sees no threat to crypto from central banks' digital currencies - photo licensed by shore news network.

By Sergio Goncalves and Catarina Demony LISBON (Reuters) – Plans by central banks to launch digital currencies are not a threat to other cryptocurrencies as …

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China-led SCO bloc agrees to expand trade in national currencies

September 16, 2022
China-led sco bloc agrees to expand trade in national currencies - photo licensed by shore news network.

SAMARKAND, Uzbekistan (Reuters) – The leaders of the Shanghai Cooperation Organisation (SCO) agreed on Friday to take steps to increase the use of national currencies …

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Worst not over for EM currencies as U.S. dollar thunders on: Reuters poll

September 6, 2022
Worst not over for em currencies as u. S. Dollar thunders on: reuters poll - photo licensed by shore news network.

By Vuyani Ndaba and Vivek Mishra JOHANNESBURG/BENGALURU (Reuters) – Emerging market currencies will find it difficult to reclaim ground lost this year as relentless Federal …

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Russia mulls buying $70 billion in yuan and other ‘friendly’ currencies- Bloomberg

September 1, 2022
Russia mulls buying $70 billion in yuan and other 'friendly' currencies- bloomberg - photo licensed by shore news network.

(Reuters) – Russia is considering a plan to buy as much as $70 billion in yuan and other “friendly” currencies this year to slow the …

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Privately issued but regulated digital currencies have benefits -cbank chiefs

July 17, 2022

By Alun John (Reuters) -Consumer-focused digital tokens issued by private companies could be better than central bank-issued tokens assuming the companies can be regulated appropriately, …

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Myanmar central bank orders state bodies not to use foreign currencies

May 25, 2022
Myanmar central bank orders state bodies not to use foreign currencies - photo licensed by shore news network.

(Reuters) – Myanmar’s central bank has ordered ministries and local governments not to use foreign currencies for domestic transactions, to help relieve pressure on the …

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BlackRock’s Fink says Russia-Ukraine crisis could accelerate digital currencies

March 23, 2022
Blackrock's fink says russia-ukraine crisis could accelerate digital currencies - photo licensed by shore news network.

NEW YORK – BlackRock Inc’s chief executive, Larry Fink, said on Thursday that the Russia-Ukraine war could end up accelerating digital currencies as a tool …

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War in Ukraine puts pressure on East European banks to prop up sinking currencies

March 4, 2022
War in ukraine puts pressure on east european banks to prop up sinking currencies - photo licensed by shore news network.

By Gergely Szakacs and Alan Charlish BUDAPEST/WARSAW -Russia’s invasion of Ukraine is putting pressure on central banks along the European Union’s eastern flank to prop …

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Husband and Wife Sentenced to Prison Terms for Operating Ponzi Scheme Relating to Investments in Foreign Currencies

December 16, 2021
Husband and wife sentenced to prison terms for operating ponzi scheme relating to investments in foreign currencies - photo licensed by shore news network.

NEWARK, N.J. – A former Hudson County, New Jersey, couple was sentenced today for operating a Ponzi scheme in which they defrauded approximately 30 investors …

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