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210 posts

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Currencies

Currencies

Naira hits record low against major currencies despite regulatory efforts

By Press Room
October 23, 2023
1 Mins read
Currencies

Bitcoin hits three-month high, buoying crypto stocks

By Press Room
October 23, 2023
1 Mins read
By Hannah Lang and Kanjyik Ghosh (Reuters) -Bitcoin, the world’s largest cryptocurrency, hit a three-month high on Monday, rising 3.62% to $31,087…
Currencies

GBP Strengthens, AUD Lags as US Bond Yields Rise

By Press Room
October 23, 2023
1 Mins read
The British Pound (GBP) is outperforming as the strongest major currency with the Australian Dollar (AUD) lagging, while the U.S. Dollar (USD)…
Currencies

RBI’s $5 Billion Swap Maturity Escalates Cash Dollar Demand

By Press Room
October 23, 2023
1 Mins read
The maturity of the Reserve Bank of India’s (RBI) $5 billion swap has led to an increased demand for cash dollars and…
Currencies

Yen grazes 150 again as yields dictate trading

By Press Room
October 23, 2023
2 Mins read
By Vidya Ranganathan SINGAPORE (Reuters) -Japan’s yen took the spotlight in Asia on Monday, weakening briefly to the 150-per-dollar level as investors…
Currencies

Argentina market analysts see silver lining in Peronist election win

By Press Room
October 23, 2023
2 Mins read
By Jorge Otaola and Walter Bianchi BUENOS AIRES (Reuters) – A surprise first place for Argentina’s ruling Peronists in a general election…
Currencies

Digital ruble launch not expected to overshadow other payment methods, says Central Bank of Russia

By Press Room
October 22, 2023
1 Mins read
The Central Bank of Russia has indicated that the upcoming launch of its central bank digital currency (CBDC), the digital ruble, is…
Currencies

Time for central bank digital currencies to prove their worth

By Press Room
October 22, 2023
3 Mins read
(Corrects to add dropped word ‘the’ in paragraph 1) By Marc Jones LONDON (Reuters) -A milestone move by the European Central Bank…
Currencies

Argentina gov't moves to calm FX market, pledges no post-election devaluation

By Press Room
October 22, 2023
1 Mins read
By Jorge Otaola BUENOS AIRES (Reuters) – Argentina’s government intervened in the foreign exchange market on Thursday to tamp down volatility ahead…
Currencies

Dollar hits 150 yen then dips on intervention jitters

By Press Room
October 22, 2023
2 Mins read
By Karen Brettell and Amanda Cooper NEW YORK/LONDON (Reuters) – The dollar touched the closely watched 150 level against the yen on…
Currencies

Dollar Index Slips, Euro Rises Amid Fed Chair’s Dovish Remarks

By Press Room
October 20, 2023
1 Mins read
The experienced a 0.33% decrease on Thursday, October 19, 2023, following Federal Reserve Chair Powell’s indication of maintaining interest rates steady at…
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