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...South Korea announced measures in February including extending forex trading into London hours, scrapping complex registration requirements for foreign equity investors and opening up its onshore currency...
...Barclays’ currencies team has an interesting note out this week on something a lot of people believe in, even though logic says it can’t exist: forex seasonality....
...Marc Chandler Managing Director, Bannockburn Global Forex, Cincinnati, OH, US...
...Forex analysts believe that the Japanese authorities have pencilled in a level of ¥152 per dollar as the “line in the sand” that would trigger a direct intervention....
...Alpha risk director cashes in Forex trading and hedging specialist Alpha Group International has enjoyed an impressive share price bounce after a positive set of full-year results and accompanying upgrades...
Prosecutors alleged manager of Glen Point Capital had attempted to artificially move dollar-rand exchange rate
...Tinubu’s government has sought to shift to a free-floating forex regime....
...China: The China Foreign Exchange Trade System & National Interbank Funding Center launches interbank forex trading for Macau’s pataca in currency pairs with the renminbi, US dollar and Hong Kong dollar....
...“We have a broader forex impact that we cannot mitigate but others can,” Myers said. The company has also accumulated a significant debt pile as a result of its woes on the continent....
...The idea, in theory, was to provide cheap forex to critical industries to boost domestic production....
...The Korean won dropped as much as 0.9 per cent to Won1,400, a 17-month low that led the finance ministry and Bank of Korea to say in a joint statement on Tuesday that they were “closely watching forex moves...
...“We are closely watching forex moves and supply and demand with special caution....
International warrant issued for Anthony Constantinou, who absconded halfway through trial
...plan to refinance at least part of the debt in the markets will help allay uncertainty over Kenya’s ability to repay the bond, after a sharp drop in the Kenyan shilling against the US dollar, stretched forex...
...China Evergrande topped the list with a net forex loss of Rmb4.14bn, or 12.5 per cent of the Rmb33bn net loss for the first six months....
...Its initial UK foray offers zero commissions, zero platform fees, zero forex charges and 5 per cent interest on cash balances. That sounds like an exercise in loss leading....
...Consumer groups that invested heavily in the country have been left particularly exposed with the forex crunch hitting groups including Unilever, GSK and PZ Cussons as well as domestic champions such as...
Drugmaker does not specify reason but forex shortage has put pressure on multinationals
...Kara said he expected that unwinding the use of forex protected savings accounts would be a “gradual process”....
...This will mark the most dramatic change in the country’s forex market since the Asian financial crisis of the late 1990s, which prompted the country to shift to a free-floating forex system from one that...
Fewer unsanctioned banks converting euros to roubles means more money trapped offshore
...The yen touched a 34-year weak point on Wednesday, prompting Japanese officials to threaten forex intervention and hold an emergency meeting....
...Danone will also write down a €500mn non-cash forex translation difference it had accumulated against the ruble, which it noted had “no impact on the group’s total equity”....
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