Yen
BOK's Rhee says won to fall v dollar in 2007
South Korea's won ``has peaked'' according to a Bank of Korea official, and is poised to weaken versus the dollar in 2007.
BOT sets limit on Thai baht exchange
The Bank of Thailand (BOT) has made a major intervention in the markets to stem the soaring Thai baht, setting a reserve requirement on short-term capital inflows that will come into effect Tuesday 19 December.
UAE has no plans to diversify into yen reserves
The governor of the United Arab Emirates central bank said Friday 17 November the UAE does not see the Japanese yen as an attractive currency to diversify into from its existing foreign exchange reserves.
Yen lures Swiss, Russian, NZ central banks
According to this article published Monday 13 November by Bloomberg, central banks are increasing their holdings of the yen, in anticipation of a rebound from a 20-year low.
BOJ's Fukui watching pace of carry trades
Bank of Japan governor Toshihiko Fukui said Friday 10 November the central bank is carefully watching the market for signs that the buildup or unwinding of carry trades might cause problems for the foreign exchange markets.
Syria says it will peg pound to SDR
Syria plans to remove the pound from its U.S. dollar peg and link it to the International Monetary Fund's special drawing rights (SDR) in the first half of 2007, the central bank governor told Reuters on Monday 30 October.
Reserve diversification - Danger for the dollar
According to this article published Tuesday 17 October by Daily FX, Russia has reignited the hot topic of reserve diversification and this time it is to the benefit of the Yen.
BOJ denies report is to strengthen yen monitoring
The Bank of Japan has denied a newspaper report published Tuesday 17 October by the Nihon Keizai Shimbun without citing sources that it plans to enhance its monitoring of yen carry trade transactions by hedge funds and other investors.
Russia investing some reserves in Japan's yen
The Central Bank of Russia (CBR) has begun investing gold and foreign currency reserves in Japanese yen, CBR first deputy director Aleksei Ulyukayev told a conference on Monday 16 October.
New York Fed's Foreign Exchange Operations Report
According to the Federal Reserve Bank of New York's Treasury and Federal Reserve Foreign Exchange Operations quarterly report for April-June 2006, published 3 August, the U.S. monetary authorities did not intervene in the foreign exchange markets during…
Comment: Developments in July
Here is a quick look back at development affecting central bank in month of July.
Comment: More pounds in their pockets
According to the most recent IMF data on reserve holdings, the pound sterling has surpassed the yen as the third most popular reserve currency. A number of factors could see the pound's popularity increase further.
British pound passes yen in central bank reserves
According to this article by Bloomberg News published Monday 10 July, central banks around the world are increasing their holdings of British pounds.
ECB paper on Japanese forex intervention
Based on a GARCH framework and change point detection, the ECB Working Paper "A structural break in the effects of Japanese foreign exchange intervention on yen/dollar exchange rate volatility" tests for a structural break in the effectiveness of…
As yuan breaches 8, focus shifts to Japan
According to this article published Wednesday 17 May, the dollar has fallen 6.4 percent against the yen this year, and Japanese officials aren't happy about it.
Comment: Bank of Japan update
The Bank of Japan's monetary policy committee meets this week with an interest rate decision expected on Friday. With any ideas of an imminent rate hike all but ruled out, the emerging consensus is that the shift could come in July.
Tanigaki wants orderly fx moves
Japan's finance minister Sadakazu Tanigaki said on Tuesday 25 April that sudden exchange rate movements seen after the recent Group of Seven meeting were undesirable.
China's forex regime poses fresh puzzle
An article published on Tuesday 13 September says China's new rules for its currency regime could mean the country may be forced to battle the nearly $2 trillion-a-day global forex market to try to control the dollar, euro and yen exchange rates.
Bank of Japan Policy Board Minutes
The Bank of Japan published the minutes from its 12 and 13 July meeting on Friday 12 August. Two of nine policy board members at the Bank proposed cutting the 30-35 trln yen liquidity target for banks, at the mid-July policy meeting.
Pressure on Asia to shift reserves
Asian central banks may have to shift up to $500 billion in reserves from dollars to euros and yen or risk foregoing $28 billion a year in potential revenue, according to a report published by Goldman Sachs Group.
How Tokyo will market the yen
Anthony Rowley reports from Tokyo on plans to sell the yen as a reserve currency.
Japanese experts comment on dollar prospects
Three Japanese experts gave their views on the dollar yen exchange rate and the prospect of central bank intervention at a panel discussion on December 17. The dollar has further to fall, they suggested, but Asian central banks will not liquidate their…
Won and Yen rise with no intervention expected
The Korean and Japanese currencies rose against the dollar on Monday, amid speculation that authorities would refrain from aggressive intervention this time.
Currency volatility a growth risk says G7
Exchange rates should be flexible and avoid excess volatility, the Group of Seven (G7) industrial nations said at the weekend.