Marketmind: China markets exhale after bank reserves cut
A look at the day ahead in European and global markets from Tom Westbrook Chinese markets caught a foothold overnight, with a cut in bank reserve requirements and vague promises of more…
Turkey cenbank gross reserves seen down $5 billion last week -bankers
ANKARA (Reuters) – Turkish central bank total gross reserves are expected to have fallen more than $5 billion to about $116 billion last week due to rising foreign currency demand as May…
India’s forex reserves rise for second week, hit over 9-month high
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 of India’s…
Russia building reserves in assets the West can’t sanction – central bank chief
MOSCOW (Reuters) – Russian Central Bank Governor Elvira Nabiullina said on Tuesday Russia is building its international reserves with assets that cannot be targeted by Western sanctions, the TASS news agency reported.…
India’s forex reserves jump to 9-month high
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 showed on…
China forex reserves rise to $3.18 trln in March
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 world’s largest…
Ukraine’s reserves grow to 11-year high on foreign aid – central bank
KYIV (Reuters) – Ukraine’s international reserves grew to an 11-year high of $31.9 billion at the start of April thanks to foreign aid, lower demand for hard currency and moderately-sized payments on…
Rising rates put pressure on U.S. insurers’ reserves, Fitch says
NEW YORK (Reuters) – Rising interest rates are eating into the reserves that U.S. life insurers must hold to deal with rate fluctuations, ratings agency Fitch Ratings said on Monday, creating an…
IMF lowers bar on expectations for Argentina’s FX reserves
By Rodrigo Campos and Jorgelina do Rosario NEW YORK (Reuters) – The International Monetary Fund (IMF) executive board approved changes to Argentina’s reserves accumulation target set in their $44 billion program, as…
Argentina drought saps dollar reserves, pressuring FX crawling peg
By Walter Bianchi and Jorge Otaola BUENOS AIRES (Reuters) – Argentina’s slow-and-steady currency devaluation plan is coming under rising pressure as a historic drought pummels exports of cash crops soy and corn,…
Analysis-Declining U.S. bank reserves add wrinkle to contentious debt ceiling issue
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – A rapid fall in bank reserves held at the Federal Reserve, coinciding with an expected shortage of U.S. Treasury bills as the debt ceiling battle…
Exclusive-Colombia’s Amazon reserves suffer staffing delays, risking environmental damage
By Oliver Griffin BOGOTA (Reuters) – Protected areas in Colombia’s Amazon region are at risk of increased damage because of lengthy staffing delays as the government has yet to renew contracts with…
Biden Admin Drains Strategic Oil Reserves To Lowest Levels In Decades
Biden Admin Drains Strategic Oil Reserves To Lowest Levels In Decades John Hugh DeMastri on February 14, 2023 The Biden administration’s Department of Energy (DOE) announced plans Monday to sell an additional…
NATO expected to raise munitions stockpile targets as war depletes reserves
By Sabine Siebold and John Irish BRUSSELS/PARIS (Reuters) – NATO is expected to ask its members to raise its ammunition stockpiles which have been badly depleted by the war in Ukraine, as…
Fed can likely slow runoff as bank reserves near 10% to 11% of GDP
(Reuters) – The Federal Reserve can probably start to slow its balance sheet runoff once bank reserves fall to around 10% or 11% of gross domestic product, Fed Governor Christopher Waller said…
GOP Reps Rip Army’s ‘Galling’ Decision Not To Repeal Vaccine Mandate For National Guard, Reserves
EXCLUSIVE: GOP Reps Rip Army’s ‘Galling’ Decision Not To Repeal Vaccine Mandate For National Guard, Reserves Micaela Burrow on January 3, 2023 The Army’s recent guidance enforcing the vaccine requirement for National…
Vaccine mandate repeal does not apply to National Guard and Reserves, Army report
Micaela Burrow on January 2, 2023 TRENTON, NJ – A report by the Daily Caller News Foundation says National Guard members, including those in New York, New Jersey, and Pennsyvlania are exempt…
Biden Admin Quietly Raises The Price It’s Willing To Pay To Refill Oil Reserves
Biden Admin Quietly Raises The Price It’s Willing To Pay To Refill Oil Reserves Jack McEvoy on December 16, 2022 The Energy Department announced Friday that it would begin buying oil to…
Nepal to end eight-month ban on imports of cars, phones as reserves rise
By Gopal Sharma KATHMANDU (Reuters) – Nepal will end an eight-month ban on the import of cars, expensive mobile phones and liquor on Friday as the country’s foreign currency reserves have increased,…
Pakistan FX reserves held by central bank fall to $6.7 billion
By Gibran Naiyyar Peshimam ISLAMABAD (Reuters) -Pakistan’s foreign exchange reserves held by the central bank fell $784 million to $6.7 billion as of Dec. 2, the central bank said in a statement…
China’s reported gold reserves rise for first time since 2019
(Reuters) – China’s central bank said on Wednesday it had added 32 tonnes of gold worth around $1.8 billion to its reserves, the first time it has disclosed an increase since September…
China FX reserves rise more than expected to $3.117 trln in Nov
BEIJING (Reuters) – China’s foreign exchange reserves rose more than expected in November, central bank data showed on Wednesday, as the dollar weakened against other major currencies. The country’s foreign exchange reserves…
South Korea’s FX reserves post biggest monthly gain in 13 on weaker dollar
SEOUL (Reuters) – South Korea’s foreign exchange reserves increased in November for the first time in four months and by the largest amount in 13 months, central bank data showed on Monday,…
IMF grants Malawi waiver after it overstated its reserves
BLANTYRE (Reuters) – The International Monetary Fund’s executive board has granted Malawi a waiver after it misreported its international reserves, the IMF said on Thursday, helping clear the way for new lending.…
South Korea FX reserves fall again in Oct as won weakens
SEOUL (Reuters) – South Korea’s foreign exchange reserves shrank for a third consecutive month in October, although by a relatively small amount, partly due to efforts of taming the won’s fall against…
South Korea FX reserves fall again in Oct as won weakens
SEOUL (Reuters) – South Korea’s foreign exchange reserves shrank for a third consecutive month in October, although by a relatively small amount, partly due to efforts of taming the won’s fall against…
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