Currency Intervention

Timeline: Lebanon’s ordeal – Economic and political crises since civil war

Timeline: Lebanon’s ordeal – Economic and political crises since civil war

Published 18/11/2019

BEIRUT (Reuters) - Demonstrations against Lebanon’s ruling elite have plunged the country into political turmoil at a time of acute economic crisis, driven by deepening [more…]

China October new bank loans dip to 22-month low, more easing expected

China October new bank loans dip to 22-month low, more easing expected

Published 11/11/2019

BEIJING (Reuters) - New bank loans in China fell more than expected to the lowest in 22 months in October, but the drop was likely [more…]

Russian central bank sees some room for further rate cut

Russian central bank sees some room for further rate cut

Published 11/11/2019

MOSCOW (Reuters) - Russia’s central bank sees some room to further cut its key rate, First Deputy Governor Ksenia Yudayeva said on Monday. “...in principle, [more…]

Argentine central bank cuts dollar purchase limit sharply as forex reserves tumble

Argentine central bank cuts dollar purchase limit sharply as forex reserves tumble

Published 28/10/2019

BUENOS AIRES (Reuters) - Argentina’s central bank announced early Monday morning it would sharply cut the amount of dollars individuals could buy, amid concerns over [more…]

‘Never give up!’ Draghi tells Lagarde as he leaves ECB

‘Never give up!’ Draghi tells Lagarde as he leaves ECB

Published 24/10/2019

FRANKFURT (Reuters) - European Central Bank President Mario Draghi told his successor on Thursday to “never give up” on propping up the euro zone economy [more…]

China’s central banker says yuan level ‘appropriate’, trade tensions risk to global economy

China’s central banker says yuan level ‘appropriate’, trade tensions risk to global economy

Published 21/10/2019

WASHINGTON (Reuters) - China’s top central banker said on Saturday that potential escalation of trade tensions and policy uncertainty were the major risk factors facing [more…]

Don’t be misled by Brexit jobs trickle – London finance chief

Don’t be misled by Brexit jobs trickle – London finance chief

Published 15/10/2019

LONDON (Reuters) - Britain’s vast financial services industry will lose more jobs to Europe over the coming years because of Brexit, the City of London’s [more…]

Dutch central bank: banks must hold 3 billion euros extra capital for mortgages

Dutch central bank: banks must hold 3 billion euros extra capital for mortgages

Published 15/10/2019

AMSTERDAM (Reuters) - The Dutch central bank said on Tuesday it would require banks to retain 3 billion euros ($3.31 billion) in additional capital to [more…]

Global third-quarter M&A sinks to three-year low amid U.S.-China trade war fears

Global third-quarter M&A sinks to three-year low amid U.S.-China trade war fears

Published 30/09/2019

LONDON/NEW YORK (Reuters) - Global mergers and acquisitions (M&A) plunged 16% year-on-year to $729 billion in the third quarter, according to Refinitiv data, the lowest [more…]

Factbox: Facebook’s cryptocurrency Libra and digital wallet Calibra

Factbox: Facebook’s cryptocurrency Libra and digital wallet Calibra

Published 13/09/2019

SAN FRANCISCO/NEW YORK (Reuters) - Facebook Inc (FB.O) revealed lofty plans to establish a cryptocurrency called Libra in June, but the project quickly ran into [more…]