foreign-currency
Top StoriesRouble Eases From Near 4-week High vs Dollar, Firms vs Euro
Top StoriesRussian Rouble Nears 4-week High Versus Dollar
Top StoriesDollar Bounces as Fed Seen Keeping up Aggressive Rate Hikes
Top StoriesVolatile Rouble Gains, Russian Stocks Steady as Oil Prices Hit Low
Rouble Weakens Towards 62 vs Dollar, Stocks Up
Date: August 16, 2022
(This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine) MOSCOW (Reuters) – The rouble weakened towards 62 to the U.S. dollar on Tuesday, pressured by falling oil prices but supported by looming taxes that usually boost demand for the Russian currency, while stock indexes climbed higher. At...
Dollar Bid on Global Growth Fears After Weak Chinese Data
Date: August 15, 2022
By Karen Brettell NEW YORK (Reuters) – The safe-haven dollar bounced on Monday while commodity sensitive currencies including the Australian dollar tumbled after a new batch of disappointing Chinese data bolstered global recession worries. Chinese industrial output, retail sales and fixed-asset investment all fell short of analyst estimates in data published on Monday, as a...
Dollar Jumps on Safety Flows After China Data, Yuan Slips on Rate Cut
Date: August 15, 2022
By Joice Alves LONDON (Reuters) – The safe-haven U.S. dollar rose on Monday after a new batch of disappointing Chinese data bolstered global recession worries, while the yuan weakened following a surprise key rate cut by the People’s Bank of China. Chinese industrial output, retail sales and fixed-asset investment all fell short of analyst estimates...
Rouble Falls Past 61 vs Dollar as Conversion of Depository Receipts Begins
Date: August 15, 2022
MOSCOW (Reuters) -The rouble slid past 61 to the dollar on Monday as the conversion of depository receipts in Russian companies to local shares got underway, and as foreign investors from designated “friendly” countries were able to return to the bond market. At 1029 GMT, the rouble was 1.5% weaker against the dollar at 61.49,...
Swiss Sight Deposits Increase Showing Possible Central Bank Activity
Date: August 15, 2022
ZURICH (Reuters) – Sight deposits held by the Swiss National Bank increased by 1.7 billion Swiss francs ($1.80 billion) last week, data showed on Monday, indicating the central bank could be intervening in the market to slow the franc’s surge in value. Total sight deposits held by the SNB increased to 751.28 billion francs from...
Rouble Falls Past 61 vs Dollar as Conversion of Depository Receipts Begins
Date: August 15, 2022
(This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine) MOSCOW (Reuters) – The rouble slid past 61 to the dollar on Monday as the conversion of depository receipts in Russian companies to local shares got underway and as foreign investors from designated “friendly” countries were able to...