China's central bank said on Saturday it had signed an agreement with the Bank for International Settlements to establish a Renminbi Liquidity Arrangement that will provide support to participating central banks in times of market fluctuations.
The U.S. dollar slipped on Friday and posted its first weekly decline this
month, as traders pared back bets on where interest rates may peak and brought forward their outlook on the
timing of rate ...
Speculators' net long bets on the U.S. dollar rose in the latest week, according to calculations by Reuters and U.S. Commodity Futures Trading Commission data released on Friday. The value of the net long dollar position was $15.69 billion for the week ended June 21.
Emerging market shares rose on Friday as
investors started to scale back bets on the extent of monetary
policy tightening by major central banks, while Mexico's peso
extended gains to a sixth ...
The U.S. dollar slipped on Friday and was on track for its first
weekly decline this month, as traders dialed down bets on where interest rates may peak and brought forward
their views on the timing ...
Sterling posted its first weekly gain in four weeks against the dollar on Friday, ticking up as a weaker greenback and better-than-expected retail data allowed investors to look past mounting pressure on British Prime Minister Boris Johnson.
Sri Lanka's president on Friday appointed tycoon Dhammika Perera as minister for investment promotion, his office said in a statement, as the crisis-hit country struggles to find foreign exchange to import food, fuel and drugs.
Sterling edged up against the dollar on Friday and was set for its first weekly rise in four weeks, as a weaker greenback and better-than-expected retail data allowed investors to look past mounting pressure on British Prime Minister Boris Johnson.
Central European currencies were
mostly a touch weaker on Friday, at the end of a week in which
fears that aggressive monetary policy tightening could tip the
global economy into recession weighed on ...
The U.S. dollar slipped on Friday and headed for its first weekly decline of June as traders dialled down bets on where interest rates might peak and brought forward the timing of rate cuts to counter a possible recession. A significant shift this week has been the fall in oil and commodity prices, which has eased inflation fears and allowed equity markets to rebound.
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