foreign-currency
Top StoriesHungary Says roubles-for-Russian Gas Plan Breaches No EU Sanctions
Top StoriesExplainer-Clock Ticks Down Towards a Russian Default
Top StoriesMorocco, Spain Patch up Diplomatic Feud After Spanish Shift on Western Sahara
Top StoriesAnalysis-Italy’s Politics, Public Opinion, Could Weaken West’s anti-Putin Front
Russia Says Ukraine Presented ‘unacceptable’ Draft Peace Deal
Date: April 7, 2022
(Reuters) -Russian Foreign Minister Sergei Lavrov said on Thursday that Kyiv had presented Moscow with a draft peace deal that contained “unacceptable” elements, but that Russia would nonetheless continue talks and press to secure its own requirements. The Kremlin has said that peace talks between Moscow and Kyiv are not progressing as rapidly as it...
French Election, Russia Sanctions Keep Pressure on Euro
Date: April 6, 2022
By Joice Alves LONDON (Reuters) – The euro steadied on Wednesday after falling to its lowest level in a month against a strengthening dollar as the prospect of new Western sanctions on Russia and the upcoming French presidential election added to pressure on the European currency. The euro had edged up 0.06% to $1.09130 versus...
Commodity Currencies Gain, Led by Aussie Dollar; Euro Falls
Date: April 5, 2022
By Gertrude Chavez-Dreyfuss, Saikat Chatterjee and Julien Ponthus NEW YORK/LONDON (Reuters) – Commodity currencies rallied in choppy trading on Tuesday led by the Australian dollar, boosted by the prospect of policy tightening by the Reserve Bank of Australia (RBA), while the euro fell on French election worries and the likelihood of more sanctions on Russia...
Euro Feels Weight of French Election Concerns, More Russia Sanctions
Date: April 5, 2022
By Julien Ponthus and Saikat Chatterjee LONDON (Reuters) – The euro weakened on Tuesday with the Swiss franc and the Swedish crown the winners as French election worries and the chance of more sanctions against Russia unnerved investors. French financial markets acknowledged the possibility of far-right candidate Marine Le Pen beating President Emmanuel Macron in...
U.S. Stops Russian Bond Payments in Bid to Raise Pressure on Moscow
Date: April 5, 2022
By Megan Davies and Alexandra Alper NEW YORK/WASHINGTON (Reuters) -The United States stopped the Russian government on Monday from paying holders of its sovereign debt more than $600 million from reserves held at U.S. banks, in a move meant to ratchet up pressure on Moscow and eat into its holdings of dollars. Under sanctions put...
Orban’s Victory Puts Hungary on Collision Course With EU
Date: April 4, 2022
By Krisztina Than and Gergely Szakacs BUDAPEST (Reuters) -Emboldened by a fourth consecutive landslide election victory, Hungarian Prime Minister Viktor Orban is expected to dig in against energy sanctions on Russia and toughen his stance in talks with Brussels to unlock frozen EU funds. Nationalist Orban, who held on to his sweeping majority on Sunday,...