Asia braces for unwanted, but unavoidable FX battle: McGeever
ORLANDO, Florida, April 17 (Reuters) - Asian countries probably don't want it and they certainly didn't cause it, but a...
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US House passes bill to force ByteDance to divest TikTok or face ban
WASHINGTON, March 13 (Reuters) - The U.S. House of Representatives overwhelmingly passed a bill on Wednesday that would give TikTok's...
Countries closing in on digital currencies but US lagging, study shows
LONDON, March 14 (Reuters) - A total of 134 countries representing 98% of the global economy are now exploring digital...
Egypt’s bumper cash raise sets stage for foreign investor comeback
LONDON, March 8 (Reuters) - International investors are dipping their toes back into Egyptian local debt after a much-needed rate...
Brazil unveils FX hedge program for sustainable investments
BRASILIA, Feb 26 (Reuters) - Brazil's finance ministry unveiled on Monday a program aimed at shielding investors from currency risks...
US dollar to remain world’s reserve currency, Fed’s Waller says
Feb 15 (Reuters) - Federal Reserve Governor Christopher Waller on Thursday laid out the case for the world's continued reliance...
Nigeria’s latest devaluation may be ‘turning point’ in currency reform drive
LAGOS, Feb 5 (Reuters) - Nigeria's second currency devaluation in less than a year and new forex rules suggest the...
Iran, Russia to trade in local currencies instead of US dollar – state media
DUBAI, Dec 27 (Reuters) - Iran and Russia have finalised an agreement to trade in their local currencies instead of...
AFRICA-FX-Kenya’s currency could find support, Zambia’s under pressure
Kenya Central Bank Governor Patrick Njoroge displays Kenyan shilling bank notes during a news conference at the Central Bank in...
India makes first crude oil payment to UAE in Indian rupees
Indian Oil Corp Ltd logo is seen displayed in this illustration taken, April 10, 2023. REUTERS/Dado Ruvic/Illustration Acquire Licensing RightsAug...
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