Foreign Exchange
Bank of Russia restarts open FX trading to support ruble
Ruble will trade openly against yuan as Russian dependence on Chinese markets appears to grow
China needs dollar reserves to bolster renminbi – Eichengreen
Authorities must reassure global markets to make renminbi reserve currency, paper argues
ECB paper looks at impact of financial channel
Large holdings of foreign-denominated liabilities increases importance of FX moves, paper says
Dollar remains key to central banks’ reserves
Renminbi purchases come with possible legal risks, Central Banking’s Autumn Meetings told
Bahamas governor says exchange controls here to stay
“Difficult financial reforms” necessary before liberalisation, says Rolle
Central Bank of Kenya raises rate and denies FX shortage
New president nominates former governor Ndung’u to become finance minister
PBoC warns investors against renminbi speculation
Central bank seeks to shore up currency after the onshore yuan fell to its lowest against dollar since 2008
Japan intervenes in FX market for first time in 24 years
Yen falls below 145 to the USD after BoJ kept ultra-low rates unchanged
Japan unlikely to bolster yen, analysts say
BoJ governor and finance minister say rapid shifts in currency are “undesirable” and “unfavourable”
Ethiopian central bank tightens limits on foreign exchange
Inflation was 33.5% in July
Nigerian currency pressure mounting as central bank releases airline funds
Customers are facing limits on what they can withdraw from some banks, say reports
Taiwan governor says ‘no need to worry’ about capital outflows
Yang Chin-Long says Taiwan has sufficient foreign reserves to handle potential FX volatility
BoJ board members concerned over yen’s volatility
Rate-setters differ over implications of currency depreciation, minutes show
Hungary raises supplemental rate as currency hits record low
Central bank will make greater use of FX swaps as deputy governor says inflation will fall
BSP opens currency exchange for migrants fleeing Ukraine
Returning Filipinos can convert their hryvnia to pesos at central bank and authorised banks
Myanmar orders FX restrictions as reports say deputy governor was shot
Expert says currency move is "pretty desperate" as military junta tries to deal with turmoil
Russian central bank halts FX purchases as currency slides
Ruble hits 14-month low as fears grow that Putin will invade Ukraine
Myanmar and China to use renminbi for cross-border trade
Reports indicate that authorities will pilot settling small-scale trade transactions in yuan
Brazilian Senate passes new FX law
Central bank will regulate foreign currency accounts under law now on president’s desk
Turkey raises banks’ gold and FX reserve levels
Central bank announces work with state-owned organisations on prototype CBDC
PBoC eases cross-border yuan settlement policy
Central bank promotes use of yuan in cross-border settlement and financing
Thai central bank relaxes FX rules to curb currency’s strength
Central bank says it is considering further liberalisations to currency regime
Argentinian central bank puts cap on imported luxury goods
BCRA bids to preserve foreign currency as international reserves decline to $39.4 billion
Taiwanese central bank asks for smaller dollar trades
Large dollar orders may slow down foreign exchange transactions, central bank says