exchange rates
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Currencies
Currency Exchange Stalls for Second Consecutive Day in Cuba’s Informal Market
After five consecutive days of declines, the key currencies in Cuba have remained unchanged for another day. If there are…
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Trading
Russia, hit by new US sanctions, halts dollar and euro trade on main bourse
By Alexander Marrow and Mark Trevelyan (Reuters) -New U.S. sanctions against Russia have forced an immediate suspension of trading in…
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Currencies
Decline of U.S. Dollar in Cuba’s Informal Currency Market Accelerates
One month ago, the relative stability of Cuba’s informal currency market was disrupted, and the prices of foreign currencies have…
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Currencies
Rapid Surge in Dollar, Euro, and MLC Prices in Cuba Following Historic Drop
This Thursday, the three main currencies in the Cuban informal market have shown dramatic price hikes compared to the previous…
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Currencies
Summers Says Currency Interventions Fail Even at Japan’s Scale
(Bloomberg) — Former US Treasury Secretary Lawrence Summers said that currency interventions are ineffective at shifting exchange rates, even at…
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Currencies
In Asia, US dollar’s growing strength gives rise to stability concerns, suspected rate intervention
The US dollar index has risen by more than 4 per cent since the start of the year, triggering alarm…
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Currencies
Yellen, Asked on Yen, Says Currency Interventions Should Be Rare
(Bloomberg) — US Treasury Secretary Janet Yellen said intervention in foreign-exchange markets should be rare, when asked for her reaction…
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Currencies
Analysis-Political heat prods Japan, South Korea to team up on weak currencies
By Leika Kihara WASHINGTON (Reuters) – The success of Japan and South Korea at inserting language voicing concern over their…
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Currencies
Biden hails the U.S. as the ‘strongest economy in the world’ but its hot inflation is angering allies as their currencies flop
As Joe Biden this week hailed America’s booming economy as the strongest in the world during a reelection campaign tour…
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Currencies
Resurgent Dollar, Higher Yields Send EM Currencies to 2024 Lows
(Bloomberg) — A gauge of developing-world currencies briefly touched a session low after Federal Reserve Chair Jerome Powell signaled interest…
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