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currency

Bank of Russia, Moschow

Bank of Russia and PBOC signed FX swap arrangement

03/03/2016(0)
In October 2014, the CBR and the PBC signed a bilateral local currency swap arrangement with 815 billion RUB/150 billion CNY for the purpose of supporting bilateral trade and direct investment of the ... Read More
business_hsbc

Brexit could wipe 20% off sterling: HSBC

25/02/2016(0)
Separating from the European Union could trigger a 20 percent drop in sterling and shave 1.5 percentage points off the British economy, HSBC has warned. The doom-laden report released Wednesday ... Read More
FinTech image

City grandee Rich Ricci joins fintech revolution at freemarketFX

11/02/2016(0)
Rich Ricci, formerly CEO of Barclays Corporate and Investment Banking, is the latest in a growing list of financial services grandees to lend their business heft to a disruptive ... Read More
saudi-arabia

Saudi Arabia Said to Ban Betting Against Its Currency

21/01/2016(0)
Central bank said to give directive at Jan. 18 Riyadh meeting Riyal forwards jump to highest in at least 2 decades in Jan. Pressured by plunging oil prices and ... Read More
shanghai stock exchange

Some Shanghai Banks Said to Curb Individual Forex Purchases

21/01/2016(0)
Banks said to request close checks by branches for violations Shanghai SAFE vows crackdown on illegal foreign transactions Some Shanghai banks have asked their branches to strictly control the ... Read More
ruble-falls

Russia’s currency collapses to lowest level ever

21/01/2016(0)
The Russian ruble has just collapsed to its lowest ever level. It dropped 4% to 82 rubles per U.S. dollar on Wednesday, passing a previous low hit in late ... Read More
Chinese yaun

China Said to Put Reserve Rule on Offshore Bank Yuan Funds

18/01/2016(0)
Officials extending effort to counter speculation against yuan Premier Li underscores `no basis’ for continued yuan slide China is stepping up efforts to counter speculative bets against the nation’s ... Read More
PF-pounds_1371619c

Pound Slumps as BOE Rate-Rise Expectations Recede

14/01/2016(1)
China-linked market turmoil has made Bank of England rate increase less likely, investors say The British pound tumbled to a more than 5½-year low this week, as concerns about ... Read More
china

China doesn’t restrict forex sales to individuals: regulator

14/01/2016(0)
The State Administration of Foreign Exchange (SAFE) said Wednesday it does not limit foreign currency sales to individuals, although China faces dropping forex reserves. SAFE denied media reports that ... Read More
market-research

Asia markets retrace some losses, China bucks trend

14/01/2016(0)
Major Asian stock markets retraced some of their downward slide but stayed in negative territory, following a massive sell-off on Wall Street overnight. Japan’s Nikkei 225 retraced morning losses to trade ... Read More
Broker Cyprus TopFX