[ad_1] By Eric Knecht, Tom Perry BEIRUT (Reuters) – Lebanon’s central bank will begin injecting dollars into the market on Monday, President Michel Aoun said on Friday, as it tries…
Tag: Currency Intervention
UPDATE 2-Russian central bank cuts key rate to record low of 4.25%
[ad_1] By Andrey Ostroukh, Gabrielle Tétrault-Farber * Bank of Russia cuts key rate to 4.25% * Says more cuts possible * Revises neutral range for key rate to 5-6% *…
POLL-Norway central bank rates seen on hold next week, hike draws nearer
[ad_1] * reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/cb-polls?RIC=NOINTR%3DECI poll data * Unanimous expectation for unchanged rate of 0.0% on March 18 * Median prediction for hike is in Q1 2022 * Some economists eye hike…
Euro zone may need more fiscal, monetary support because of second COVID wave: IMF
[ad_1] BRUSSELS (Reuters) – Euro zone governments and the European Central Bank may need to provide more fiscal and monetary support than initially expected because of the effects of the…
Erdogan’s snap economic rethink prompted by bleak briefings: Turkish sources
[ad_1] By Orhan Coskun, Jonathan Spicer ANKARA (Reuters) – President Tayyip Erdogan’s decision to oust Turkey’s central bank chief this month was made hours after briefings on the fragile state…
U.S. consumer spending decreases further; inflation creeping up
[ad_1] WASHINGTON (Reuters) – U.S. consumer spending fell for a second straight month in December amid renewed business restrictions to slow the spread of COVID-19 and a temporary expiration of…
POLL-Ukraine’s economic contraction expected to be less severe in Q3
[ad_1] * GDP Q3 poll data reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/econ-polls?RIC=UAGDPQ%3DECI * GDP full year poll data reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/econ-polls?RIC=U reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/econ-polls?RIC=UACPIAPAGDPAP KYIV, Nov 5 (Reuters) – Ukraine’s economic contraction was expected to slow in the third…
Analysts’ View: Turkey’s lira rallies after central bank, finance ministry shake-up
[ad_1] LONDON (Reuters) – Turkey’s lira and dollar bonds rallied on Monday after the departure of central bank Governor Murat Uysal and Finance Minister Berat Albayrak over the weekend, with…
Swiss National Bank increased forex purchases in 2019
[ad_1] The Swiss National Bank (SNB) is pictured during a federal council meeting on the outbreak of the coronavirus disease (COVID-19) in Bern, Switzerland, March 13, 2020. Picture taken March…
Pound at 5-month high as BoE signals sub-zero rates not imminent
[ad_1] * Graphic: World FX rates in 2020 tmsnrt.rs/2egbfVh * Graphic: Trade-weighted sterling since Brexit vote tmsnrt.rs/2hwV9Hv LONDON, Aug 6 (Reuters) – Sterling strengthened to a new five-month high against…