You Searched For "currency swap" and got 18 results
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2 mins read
India secures Japan’s help in saving the rupee by signing its largest currency swap agreement with the country ever
The move is a big win for the RBI, which will be able to bolster its foreign exchange reserv…
1 min read
China expands de-dollarization push as global central banks use record amount of yuan
The yuan's use in currency swaps grew to $15.6 billion at the end of March, marking the second-larg…
Filip De Mott
1 min read
China and Saudi Arabia sign a $7 billion currency swap agreement, adding to de-dollarization push
The agreement marks the latest move to boost internationalization of the yuan in global finance in …
Aruni Soni
2 mins read
Russia's central bank and lenders tell each other to resolve the country's yuan supply squeeze
Russian banks are urging Russia's central bank to increase yuan liquidity through swaps. The centra…
Huileng Tan
3 mins read
Turkey's central bank is boosting its reserves with 'off balance sheet' short-term swaps - and investors are aghast
The decision to boost foreign reserves through short-term borrowing probably came "out of expedienc…
Callum Burroughs,Callum Burro…
1 min read
Six Major Central Banks Make Currency Swap Accords Permanent
The Bank of Japan, U.S. Federal Reserve, the European Central Bank, the Bank of England and the cen…
Leika Kihara, Reuters
1 min read
China boosts Argentina's access to the yuan under currency deal as peso plummets
Argentina's president said the country can now tap $6.5 billion worth of Chinese yuan, up from $5 b…
Aruni Soni
2 mins read
China Has Taken 2 Big Baby Steps Toward Internationalizing Its Currency
"For the renminbi to be a truly international currency, it has to circulate outside of China, and i…
Mamta Badkar
3 mins read
World stares at debt pains as dollar swap premium shoots over the roof: BIS paper
The three-month basis has widened to as much as –144 bps for the yen, –85 bps for the euro, –107 b…
PTI
2 mins read
There's an $80 trillion 'blind spot' in the financial system that could spell trouble for markets as debts held off-balance sheet grow at a rapid pace
A lack of transparency makes it more difficult for central bank officials to fully grasp just how b…
Matthew Fox
2 mins read
Peer-to-peer travel money startup WeSwap raises £6.5 million
"The UK has always been, and will continue to be, a world-class financial services and technology h…
Oscar Williams-Grut
1 min read
Argentina used Chinese yuan for part of its payment to the IMF as US dollars remain scarce
To meet maturity payments on its $44 billion debt deal with the IMF, Argentina has previously tappe…
Filip De Mott
2 mins read
China's push to internationalize the yuan and reduce dependence on the US dollar is working, economist says
The yuan has seen a boost in the share of global payments using the currency this year, which could…
Aruni Soni
1 min read
RBI to infuse $2 billion dollars into forex markets on Monday
The Reserve Bank on Thursday announced measures to infuse liquidity in the foreign exchange market,…
PTI
3 mins read
BlackRock's bond chief breaks down the best way for US investors to profit from the growing $17 trillion pile of negative-yielding debt
However, a US investor would be exchanging their dollars for euros at the current exchange rate in …
Akin Oyedele
4 mins read
A New Book Examines The World's Love-Hate Relationship With The Dollar
In the last four months of 2008 America attracted net capital inflows of half a trillion dollars. T…
1 min read
Argentina's use of Chinese yuan is soaring as dollars run short, and a top US manufacturer may join the trend
As Argentina's dollar reserve falls to its lowest level since 2016, companies in the nation are tur…
Filip De Mott
2 mins read
The cost to protect against a China debt default just spiked the most in 6 years
China's currency-weakening efforts are just the latest escalation in a trade war that saw President…