Markets

Analysis-Pressure builds on Egypt to devalue currency further
March 29, 2023 03:29 AM AEDT | By ReutersBy Patrick Werr CAIRO (Reuters) - The Egyptian pound lost ground on the black market again in recent days in a sign that halving its official value ov...

Swiss National Bank reports annual loss of 132.5 billion Swiss franc...
March 06, 2023 05:34 PM AEDT | By ReutersZURICH (Reuters) - The Swiss National Bank reported on Monday an annual loss of 132.5 billion Swiss francs ($141.54 billion), in line with the provisi...

Asian stocks draw massive foreign inflows on softer dollar, growth o...
February 09, 2023 04:38 PM AEDT | By ReutersBy Gaurav Dogra (Reuters) - Emerging Asia ex-China stocks received massive inflows in January, with investors expecting the U.S. Federal Reserve to sl...

IMF says Nigeria should consider extending banknote swap deadline
February 08, 2023 08:53 PM AEDT | By ReutersABUJA (Reuters) - The International Monetary Fund said on Wednesday that Nigeria should consider extending a deadline to swap old banknotes in light o...

China's Jan new yuan loans seen hitting record high on policy suppor...
February 08, 2023 08:40 PM AEDT | By ReutersBEIJING (Reuters) - Yuan loans extended by Chinese banks likely surged to a record high in January as the central bank moved to shore up growth in the...

Emerging market currencies to gain on better global economic outlook...
February 07, 2023 10:44 PM AEDT | By ReutersBy Vuyani Ndaba JOHANNESBURG (Reuters) - Emerging market currencies are expected to drift higher in coming months thanks to improved global growth pro...

Japan confirms FX interventions twice in Oct to support yen
February 07, 2023 11:31 AM AEDT | By ReutersTOKYO (Reuters) - Japan confirmed on Tuesday that it did intervene in the foreign exchange market twice in October to support its yen currency, Minist...

Nigeria disagrees with 'surprise' Moody's downgrade - finance minist...
February 03, 2023 12:22 AM AEDT | By ReutersBy Felix Onuah and Chijioke Ohuocha ABUJA (Reuters) - Nigeria's finance minister said on Thursday she disagreed with what she called a "surprise" down...

Nigeria's lower house approves extra $2.2 billion central bank loans...
February 01, 2023 01:25 AM AEDT | By ReutersABUJA (Reuters) - Nigeria's lower house of parliament has approved President Muhammadu Buhari's request to borrow an extra $2.2 billion in temporary a...

Lebanese protest record-low value of local currency
January 25, 2023 11:09 PM AEDT | By ReutersBEIRUT (Reuters) - Protesters burned tyres and held up handfuls of local currency bills on Wednesday at the entrance of the Lebanese central bank in B...

Russian central bank launches Chinese yuan swap instrument
January 18, 2023 12:09 AM AEDT | By Reuters(Reuters) - Russia's central bank said on Tuesday that it was launching a new Chinese yuan currency swap instrument as the volume of transactions betw...

Russia to resume forex interventions with sale of Chinese yuan
January 11, 2023 08:54 PM AEDT | By Reuters(Reuters) - Russia said it would resume intervention with the sale of Chinese yuan on the foreign currency market from Friday as part of the budget ru...

Czech central bank stayed out of FX markets in November
January 09, 2023 08:13 PM AEDT | By ReutersPRAGUE (Reuters) - The Czech National Bank stayed out of currency markets in November, the first month it did not sell foreign currency since it began...

China's central bank - commercial banks' reserve conversions boosted...
January 05, 2023 12:55 AM AEDT | By ReutersSHANGHAI (Reuters) - People's Bank of China (PBOC) said on Wednesday that a high amount of foreign currency it has bought recently was a result of com...

Asian stocks in 2022 suffer biggest foreign outflows since 2008 glo...
January 04, 2023 08:51 PM AEDT | By ReutersBy Gaurav Dogra (Reuters) - Foreign investors withdrew more money from emerging Asian equities in 2022 than they had done in any year since the global...

Indonesia rail company gets $200 million capital top up for China-ba...
January 03, 2023 06:47 PM AEDT | By ReutersJAKARTA (Reuters) - Indonesia's state-owned railway firm PT KAI said on Tuesday it has received a 3.2 trillion rupiah ($205.33 million) capital inject...

Bank of Korea sells net $17.54 billion in Q3 forex intervention
December 30, 2022 07:12 PM AEDT | By ReutersSEOUL (Reuters) - South Korea's central bank sold a net $17.54 billion as it intervened in the foreign exchange market during the quarter from July to...

Nigeria's naira hits record low on official market - Refinitiv data
December 28, 2022 11:04 PM AEDT | By ReutersABUJA (Reuters) - Nigeria's naira hit a record low of 460.20 to the dollar on the official market on Wednesday, down from its opening position of 454....

Philippines posts $756 million balance of payments deficit in Novemb...
December 19, 2022 11:36 PM AEDT | By ReutersMANILA (Reuters) - The Philippines' overall balance of payments (BOP) position hit a deficit of $756 million in November, compared with the $123 milli...

Czech interest rates likely to stay on hold until mid-2023 - Reuters...
December 17, 2022 01:20 AM AEDT | By ReutersBy Jason Hovet PRAGUE (Reuters) - The Czech National Bank (CNB) is likely to hold interest rates steady at its final policy meeting of 2022 on Dec. 21...
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