foreign-currency
Top StoriesU.S. Vp Harris to Push Against China’s Taiwan Policy in Japan Speech
Top StoriesSterling Hits Record Low, BoE Fails to Spark Recovery
Top StoriesSterling Plunges to All-Time Low in Scathing Appraisal of Fiscal Plan
Top StoriesSterling Collapses as Investors Fly Into Dollars
Rouble Surges, Stocks Fall as Russia Holds Ukraine Referendums
Date: September 23, 2022
(Reuters) -The Russian rouble surged to new multi-week highs on Friday while stocks fell in volatile trade as Moscow mobilises some 300,000 extra troops for the conflict in Ukraine. Despite President Vladimir Putin’s mobilisation order, the rouble hit its highest level versus the U.S. dollar and euro since July in trading in Moscow. By 1153...
Sri Lanka to Unveil Debt Restructuring Plan to Creditors
Date: September 23, 2022
By Uditha Jayasinghe COLOMBO (Reuters) – Sri Lankan authorities will formally hold talks with international creditors on Friday to start the process of restructuring billions of dollars of its debt and share plans to tackle the island’s worst economic crisis in more than seven decades. The success of the restructuring process is critical for the...
Yen Rallies After Japan Intervenes With First Support Since 1998
Date: September 22, 2022
By Gertrude Chavez-Dreyfuss and Alun John NEW YORK/LONDON (Reuters) – The Japanese yen soared across the board on Thursday after monetary authorities intervened in the foreign exchange market to boost the battered currency for the first time since 1998, although analysts said Japan may struggle to keep the yen strong. The dollar was last down...
Dollar Soars to Two-Decade High as Putin Shakes Fx Market Ahead of Fed
Date: September 21, 2022
By Dhara Ranasinghe and Gertrude Chavez-Dreyfuss LONDON/NEW YORK (Reuters) – The dollar surged to a new two-decade high on Wednesday just ahead of another expected aggressive Federal Reserve interest rate hike, as investors fled for safety after a decision by Russian President Vladimir Putin to mobilize more troops for the conflict in Ukraine. Putin on...
Dollar Weakens Ahead of Key U.S. Inflation Data
Date: September 13, 2022
By Samuel Indyk LONDON (Reuters) – The dollar eased further on Tuesday ahead of U.S. inflation data that could show some signs of softening, while the euro found its footing above parity on hawkish comments from policymakers that rates would need to increase further. The dollar index, which measures the greenback against a basket of...
Exclusive-Biden to Hit China With Broader Curbs on U.S. Chip and Tool Exports -Sources
Date: September 12, 2022
By Karen Freifeld and Alexandra Alper WASHINGTON(Reuters) -The Biden administration plans next month to broaden curbs on U.S shipments to China of semiconductors used for artificial intelligence and chipmaking tools, several people familiar with the matter said. The Commerce Department intends to publish new regulations based on restrictions communicated in letters earlier this year to...