* Graphic: World FX rates in 2020 https://tmsnrt.rs/2RBWI5E. * Sterling shaken after PM Johnson admitted to hospital. * Japan on brink of state of emergency. * Oil currencies rattled by failure to end price war. By Stanley White.
* Oil prices fall as Russia-Saudi Arabia reach impasse on supply. * British pound skids as PM Johnson admitted in hospital. * Equity investors focus on slowdown in COVID-19 death rate. By Swati Pandey.
* Oil prices fall as Russia-Saudi Arabia reach impasse on supply. * British pound skids as PM Johnson admitted in hospital. * Equity investors focus on slowdown in COVID-19 death rate. By Swati Pandey.
Lebanon's commercial banks will work with the central bank to determine a daily exchange rate for dollars under a new FX trading system being launched, the banking association said on Sunday.
The dollar firmed against major currencies for a third straight day on
Friday, as investors took shelter in the U.S. currency amid worsening economic fallout from the
coronavirus outbreak.
The Canadian dollar was little
changed against its U.S. counterpart on Friday as oil prices
soared for a second straight day, while grim U.S. jobs data
added to evidence of the economic damage from ...
Global currency fund managers racked up gains in the first quarter as they benefited from the extreme volatility that the coronavirus pandemic has stoked across financial markets. The BarclayHedge currency traders index was up 6.13% for the first three months of the year and posted a 2.54% gain for March, according to data the firm posted on Friday, showing results for 42% of the funds it tracks.
Global currency fund managers racked up gains in the first quarter as they benefited from the extreme volatility that the coronavirus pandemic has stoked across financial markets. The BarclayHedge currency traders index was up 6.13% for the first three months of the year and posted a 2.54% gain for March, according to data the firm posted on Friday, showing results for 42% of the funds it tracks.
Turkish central bank increased limits on lira-to-forex swaps by banks to 30% of their foreign exchange market transactions from the previous 20%, according to a statement sent to banks by the central bank. The amendment in the limit will bring an increase of about $5 billion in lira-to-forex transactions, according to two bankers.
The dollar firmed against major currencies for a third straight day on
Friday, as investors took shelter in the U.S. currency amid worsening economic fallout from the
coronavirus pandemic.
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