Japan’s top currency diplomat says Tokyo in close contact with US on FX moves By Reuters

[ad_1] 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

Fed’s Barr says ‘a long way’ from a central bank digital currency

[ad_1] 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. [ad_2] لینک منبع : هوشمند نیوز

Exclusive-Chinese exporters using currency swaps to retain dollars as yuan sags By Reuters

[ad_1] © 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,

What is a BRICS currency, and could one be adopted? By Reuters

[ad_1] © 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

What is a BRICS currency, and could one be adopted? By Reuters

[ad_1] © 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