© Reuters. The Gambia’s currency, the dalasi, continues to hold its position as Africa’s strongest currency this year, according to the central bank governor. The dalasi has appreciated by 0.9% against the U.S. dollar so far, outperforming 23 other African currencies monitored by financial analysts. The central bank attributes this strong performance to increased inflows
It is fully possible that Tokyo will conduct intervention in case the yen weakens further Amid a weakening yen, BOJ may have no choice but to normalise monetary policy That includes exiting negative rates and ending yield curve control He also says that markets shouldn’t take things lightly and think that a threat of intervention
2/2 © Reuters. FILE PHOTO: Japanese yen and U.S. dollar banknotes are seen with a currency exchange rate graph in this illustration picture taken June 16, 2022. REUTERS/Florence Lo/Illustration/File Photo 2/2 By Tetsushi Kajimoto TOKYO (Reuters) -Japanese authorities are always in close communication with U.S. counterparts on currencies and share a mutual understanding that excessive
© Reuters. The People’s Bank of China (PBOC) plans to issue a larger batch of bills in an effort to stabilize the weakening yuan, according to state media Financial News on Thursday. This move follows the central bank’s announcement of ramping up bill sales in Hong Kong next week. The PBOC intends to sell CNY
No comments on monetary policy Fed is ‘a long way’ from any decision on CBDC Would only proceed with clear support of executive branch and legislation from Congress Says he remains ‘deeply concerned’ about stablecoin issuance without strong federal oversight There’s nothing to move markets here. لینک منبع : هوشمند نیوز
© Reuters. FILE PHOTO: Federal Reserve Board Vice Chair for Supervision, Michael Barr, testifies before a Senate Banking, Housing, and Urban Affairs Committee hearing in the wake of recent bank failures, on Capitol Hill in Washington, U.S., May 18, 2023. REUTERS/Eve By Pete Schroeder WASHINGTON (Reuters) -The Federal Reserve’s top regulatory official said on Friday
© Reuters. FILE PHOTO: U.S. Dollar and Chinese Yuan banknotes are seen in this illustration taken January 30, 2023. REUTERS/Dado Ruvic/Illustration/File Photo SHANGHAI/SINGAPORE (Reuters) – Chinese exporters are using a complicated currency swap strategy to avoid converting their dollar earnings into yuan for fear of losing out on potential gains in the U.S. currency, official
© Reuters. Chinese Yuan and U.S. dollar banknotes are seen in this illustration taken February 10, 2020. REUTERS/Dado Ruvic/Illustration By Ankur Banerjee SINGAPORE (Reuters) – A spurt in the U.S. dollar and China’s defence of the yuan are forcing Asian central banks to step up interventions in their weakening currencies, and one clear casualty is
© Reuters. Delegates walk past the logos of the BRICS summit during the 2023 BRICS Summit at the Sandton Convention Centre in Johannesburg, South Africa on August 23, 2023. GIANLUIGI GUERCIA/Pool via REUTERS By Rachel Savage JOHANNESBURG (Reuters) -Brazil’s President called on Wednesday for the BRICS nations to create a common currency for trade and
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