foreign-currency
Top StoriesSpain’s Tourist Arrivals Jump 8-fold in March, Edge Toward pre-COVID Levels
Top StoriesGerman Industrial Orders Fall as Ukraine War Dampens Demand
Top StoriesDollar Slips Before Expected Fed Rate Hike
Top StoriesRussian Retailers in Talks to Import Goods via Kazakhstan -Report
Uniper in Talks With German Government, Gazprom on Rouble Payment Scheme
Date: May 3, 2022
FRANKFURT (Reuters) -Germany’s Uniper remains in talks with Gazprom and the German government over how to implement Moscow’s demand to pay for Russian gas in roubles, which the European Commission said would breach sanctions. Uniper, in presentation slides published along with final first-quarter results, cited “ongoing discussions with German government and Gazprom on potential implementation”...
Romania Central Bank’s April Fx Reserves up 40.50 Billion Euros
Date: May 2, 2022
(Reuters) – The Romanian central bank’s foreign exchange reserves, excluding 103.6 tonnes of gold, rose by 358 million euros ($376.65 million) to 40.50 billion euros at the end of April, the bank said on Monday. Inflows were 3.56 billion euros and included changes in credit institutions’ foreign currency-denominated required reserves and inflows into the finance...
Goldman Sachs Slashes Credit Exposure to Russia
Date: May 2, 2022
(Reuters) -Goldman Sachs Group Inc reduced its total credit exposure to Russia to $260 million in March from $650 million at the end of 2021, the bank said in a regulatory filing on Monday. The bank said market exposure tied to Russia and total exposure to Ukraine were not material. In March, Goldman Sachs became...
Denmark Foreign Minister to Reopen Embassy in Ukraine Capital
Date: May 2, 2022
COPENHAGEN (Reuters) – Denmark will reopen its embassy in Ukraine on Monday following its closure immediately after Russia’s Feb. 24 invasion of Ukraine, the Danish foreign ministry said. “It’s a very strong symbol of the Danish support for Ukraine and the Ukrainian people that today we are reopening the doors to the Danish embassy,” Foreign...
Beijing Concerned With Rising North Korea Tensions, Envoy Says in Seoul
Date: May 2, 2022
By Josh Smith SEOUL (Reuters) – Beijing is concerned about the tense situation on the Korean peninsula, China’s Korean affairs envoy said as he arrived for talks in Seoul this week, adding that both the symptoms and root cause of tensions needed to be addressed. Amid stalled denuclearisation talks, North Korea has conducted a flurry...
Sterling Set for Biggest Monthly Drop Since October 2016 vs Dollar
Date: April 29, 2022
(Reuters) -Sterling rose against the dollar on Friday but was still set for its sharpest monthly drop since October 2016, while edging higher against the euro. The greenback slipped from 20-year highs against a basket of currencies on Friday but remained on track for the best month in seven years on concerns about the global...