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 of interest-rate cuts by the…
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 year as bets on interest…
By Marc Jones LONDON (Reuters) – The head of the International Monetary Fund has urged countries to make a more proactive push to develop central bank digital currencies (CBDC). Eleven…
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 retreating U.S. dollar, despite a…
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 yields and safe-haven demand amid…
By Karin Strohecker and Jorgelina do Rosario LONDON (Reuters) – Investors are eyeing gains in emerging markets stocks and a cooling of their currencies amid an unprecedented global decoupling in…
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 to take advantage of more…
‘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 told Tucker Carlson Friday that…
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 on sentiment, a Reuters poll…
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 against the dollar while in…
By Laura Matthews NEW YORK (Reuters) – Expectations for lower returns in stocks and bonds are sending some pension funds into currency markets to diversify their portfolios and bolster performance.…
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 be named in the coming…
By Alun John LONDON (Reuters) – The euro and pound are being whisked along by a conveyor belt of interest rate hikes in Europe just as U.S. rates near a…
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 its annual report published on…
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 strengthened due to a weakening…
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 of its kind. The project,…
By Sergio Goncalves and Catarina Demony LISBON (Reuters) – Plans by central banks to launch digital currencies are not a threat to other cryptocurrencies as they would validate blockchain technology…
SAMARKAND, Uzbekistan (Reuters) – The leaders of the Shanghai Cooperation Organisation (SCO) agreed on Friday to take steps to increase the use of national currencies in trade between their countries,…
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 Reserve rate hikes and safe-haven…
(Reuters) – Russia is considering a plan to buy as much as $70 billion in yuan and other “friendly” currencies this year to slow the rouble’s surge, Bloomberg News reported…
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, the Australian central bank governor…
(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 kyat currency. The Southeast Asian…
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 to settle international transactions, as…
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 up their weakening currencies, forcing…
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 by making extraordinary guarantees about…