SEC’s Gensler calls for global talks on halving forex settlement time
LONDON (Reuters) – As the United States, Canada and Mexico in May halve the time it takes to settle stock trades, it would be worthwhile to also start a global…
LONDON (Reuters) – As the United States, Canada and Mexico in May halve the time it takes to settle stock trades, it would be worthwhile to also start a global…
By Tetsushi Kajimoto, Takaya Yamaguchi and Leika Kihara TOKYO (Reuters) – Japan’s top currency diplomat Masato Kanda said he was closely watching how central bank decisions, including an expected end…
By Radhika Anilkumar (Reuters) -Coca-Cola HBC maintained its annual profit and sales forecasts on Tuesday as strong demand for the bottler’s energy and coffee drinks offsets the impact of foreign…
SHANGHAI (Reuters) – China’s foreign exchange reserves fell more than expected in September, official data showed on Saturday, as the U.S. dollar rose against other major currencies. China’s reserves –…
TOKYO (Reuters) -The Bank of Japan’s money market data showed on Wednesday that Japan likely did not intervene in the currency market a day earlier, as the current account balance…
(Reuters) – Japanese Prime Minister Fumio Kishida said on Thursday that his government will not rule out any options in addressing excessive volatility in the foreign exchange market. “It is…
By Ebru Tuncay and Can Sezer ISTANBUL (Reuters) – Turkish depositors mostly converted funds back to dollars last month when they withdrew from state depreciation-protected accounts, according to initial data…
BEIJING (Reuters) – China’s foreign exchange reserves rose more than expected in July, official data showed on Monday, as the dollar fell against other major currencies. The country’s foreign exchange…
(Reuters) – Russia’s finance ministry said on Wednesday it would sell 1.7 billion roubles’ ($18.9 million) worth of foreign currency a day between July 7 and Aug. 4, a decrease…
TAIPEI (Reuters) – Taiwan’s central bank said on Saturday it has smooth communication channels with the U.S. Treasury Department and will keep talking with them about foreign exchange policies, after…
TOKYO (Reuters) – Japan’s top government spokesperson said on Thursday that volatile moves in the currency markets were undesirable and that authorities were closely watching the market and ready to…
KARACHI, Pakistan (Reuters) – Pakistan’s central bank foreign reserves decreased by $102 million to $4.09 billion due to external debt payments during the week ended May 26, the central bank…
FRANKFURT (Reuters) – The European Central Bank on Wednesday told banks to step up how they manage struggling borrowers and their own currency trading in an environment of higher interest…
BEIJING (Reuters) – China’s foreign exchange reserves rose more than expected in April, official data showed on Sunday, as the dollar fell against other major currencies. The country’s foreign exchange…
(Reuters) – U.S. President Joe Biden and South Korean President Yoon Suk Yeol upgraded their commitment to cooperate on maintaining stability in foreign exchange markets at a summit on Wednesday,…
MUMBAI (Reuters) – India’s foreign exchange reserves rose for a second week to hit an over nine-month high of $586.41 billion for the week ended April 14, the Reserve Bank…
MUMBAI (Reuters) – India’s foreign exchange reserves jumped to $584.76 billion for the week ended April 7, the highest in nine months, the Reserve Bank of India’s (RBI) statistical supplement…
By Nevzat Devranoglu ANKARA (Reuters) – Turkey’s central bank has been urging banks in recent weeks to avoid steps that could create demand for foreign currency as May elections loom,…
BEIJING (Reuters) – China’s foreign exchange reserves rose in March, official data showed on Friday, as the dollar fell against other major currencies. The country’s foreign exchange reserves – the…
(Reuters) -Corebridge Financial Inc reported a smaller-than-expected drop in its quarterly profit on Friday, supported by higher investment income from its base portfolio that more than offset the decline in…
Damian Williams, the United States Attorney for the Southern District of New York, announced today the guilty plea of EDDY ALEXANDRE, the leader of a purported cryptocurrency and foreign exchange…
ZURICH (Reuters) – The Swiss National Bank increased its forex sales to 739 million Swiss francs ($799.35 million) during the third quarter of 2022, the central bank said on Friday,…
ISTANBUL (Reuters) – Turkey’s BDDK banking watchdog has set the foreign currency net position to standard capital ratio for banks at a maximum 5% according to a regulation published in…
BEIRUT (Reuters) -Lebanon’s central bank will adopt an exchange rate of 15,000 Lebanese pounds per U.S. dollar as of Feb. 1 as part of a process to unify the country’s…
MOSCOW (Reuters) – Russian companies reduced their foreign currency loans by $7.4 billion last month and have also cut forex holdings on the accounts by $11.1 billion, the central bank…