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Tag

Foreign Exchange

3 articles

Research & Analysis2d ago

U.S.-Japan Currency Intervention Drives Yen's Largest Rebound in Eight Months

Treasury Secretary Scott Bessent and the Federal Reserve coordinated with Tokyo to reverse the yen's depreciation, pushing the currency up 4.5 percent against the dollar.

Macro & Rates4d ago

RBI Sells $7 Billion to Defend Rupee Against Persistent Dollar Strength

India's central bank executed one of its largest direct interventions in months Friday, selling $7 billion to stabilize the rupee against a surging U.S. dollar.

Macro & Rates71d ago

Egypt Boxing Spectacle Generates $50M FX as EGP Slides to 47.50 Per Dollar

Giza pyramids heavyweight match brings foreign currency inflows as Cairo pursues tourism revenue to support sovereign bonds yielding 19.5 percent