Money

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...

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...

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...

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...

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...

Czech interest rates likely to stay on hold until mid-2023
December 17, 2022 01:19 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...

S.Korea central bank to closely monitor FX rates, capital flows
December 15, 2022 12:01 PM AEDT | By ReutersSEOUL (Reuters) - South Korea's central bank said on Thursday it will closely monitor local financial and foreign exchange markets and take stabilisat...

Philippines revises 2022, 2023 c/a projections
December 09, 2022 06:18 PM AEDT | By ReutersMANILA (Reuters) - The Philippine central bank on Friday revised its current account projections for 2022 and 2023 to take into account the weaker glo...

NY Fed: Bank liquidity may be tighter than thought, with policy impl...
November 19, 2022 07:45 AM AEDT | By ReutersBy Michael S. Derby (Reuters) - The way the banking system manages its cash suggests the financial system may not be as flush as many now understand,...
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