Yen drifts after breaching 2023 low, dollar gains By Reuters

© Reuters. FILE PHOTO: Japanese Yen and U.S. dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/Illustration/File Photo By Ankur Banerjee SINGAPORE (Reuters) – The slipped on Monday to its lowest in the year against the dollar, breaching the key 145 level before regaining some ground as traders warily looked for

Argentina’s markets keep wary eye on primary vote after 2019 crash By Reuters

© Reuters. A man wearing a face mask as a protective measure against the coronavirus disease (COVID-19) walks past the entrance of the Buenos Aires Stock Exchange, a day after midterm primary elections, in Buenos Aires, Argentina September 13, 2021. REUTERS/Agustin By Walter Bianchi and Jorge Otaola BUENOS AIRES (Reuters) – Argentine traders are keeping

Dollar set for fourth week of gains, climbs back towards 145 yen By Reuters

© 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 By Amanda Cooper LONDON (Reuters) – The dollar headed for a fourth weekly gain on Friday even after data showed U.S. inflation did not pick up as

Russia abandons budget rule in effort to save tanking rouble By Reuters

© Reuters. FILE PHOTO: A vendor counts Russian rouble banknotes at a market in Saint Petersburg, Russia July 9, 2023. REUTERS/Anton Vaganov/File Photo By Alexander Marrow and Elena Fabrichnaya MOSCOW (Reuters) – Russia effectively abandoned its budget rule on Wednesday as the central bank said it would stop conducting finance ministry foreign currency purchases from Aug. 10

Dollar softens ahead of CPI, energy costs another focus By Reuters

© Reuters. FILE PHOTO: Banknotes of Chinese yuan and U.S. dollar are seen in this illustration picture taken September 29, 2022. REUTERS/Florence Lo/Illustration By Brigid Riley and Alun John TOKYO/LONDON (Reuters) – The dollar dipped against most currencies on Thursday ahead of U.S. inflation data later in the day that will shape the Fed’s policy

Rouble rebounds from more than 16-month low after central bank intervention By Reuters

© Reuters. A view shows Russian rouble coins in this illustration picture taken March 25, 2021. REUTERS/Maxim Shemetov/Illustration By Alexander Marrow (Reuters) -The rouble recovered from more than a 16-month low past 98 to the dollar on Wednesday after the central bank intervened to try and halt the Russian currency’s slide, effectively abandoning its budget

Turkey net FX reserves seen rising again as policy U-turn continues By Reuters

© Reuters. FILE PHOTO: A logo of Turkey’s Central Bank is pictured at the entrance of its headquarters in Ankara, Turkey October 15, 2021. REUTERS/Cagla Gurdogan/File Photo By Nevzat Devranoglu and Orhan Coskun ANKARA (Reuters) – Turkey’s net foreign exchange reserves surged nearly $5 billion last week, with total reserves up almost $2 billion, bankers’

Dollar retreats after China deflation unleashes drive into risk assets By Reuters

© Reuters. FILE PHOTO: The employee of a currency exchange shop counts U.S. dollar banknotes in Ciudad Juarez, Mexico July 27, 2023. REUTERS/Jose Luis Gonzalez By Amanda Cooper LONDON (Reuters) -The dollar retreated on Wednesday after data showed the Chinese economy slipped into deflation last month, which upped the chances for the government to roll

US Fed clarifies process for banks to transact in stablecoins By Reuters

© Reuters. FILE PHOTO: The U.S. Federal Reserve building in Washington, D.C./File Photo By Hannah Lang (Reuters) -State banks that are a member of the U.S. Federal Reserve system should obtain a written supervisory nonobjection from the Fed before issuing, holding or transacting in dollar tokens used to facilitate payments, such as stablecoins, the central