Foreign Exchange

The Latest

  • China's Forex Reserves Surpass $1.35 Trillion
    China
    The increase in deposits is owing to an increase in demand for China's goods and foreign investments.
  • Asia Indexes Up On U.S. Stimulus, Dovish ECB
    Paper lanterns are released into the night sky to mourn victims of March 11, 2011 earthquake and tsunami in Hirono, Fukushima prefecture, Japan.
    Global concerns about rising inflation have eased.
  • Depreciation Continues To Hurt Turkey's Currency
    Turkish Lira
    The lira opened at a new low of 7.3438 against the U.S. dollar Friday after falling as much as 3.2 percent to 7.2775 Thursday.
  • Bitcoin Rides Gold Price Surge Amid Prolonged Pandemic
    Bitcoin Price
    Analysts predict that if Bitcoin manages to break through the $10,500 resistance levels, it could rise to as much as $13,000.
  • Overseas Investor Positions In Chinese Bonds More Than Doubled In May
    Chinese Onshore Bonds
    Net purchases of onshore Chinese bonds by overseas institutions and funds surged by 104 percent to $19.4 billion in May.
  • Brexit Jitters, BOE Rate Cut Send British Pound Falling To 1-Week Lows
    BANK OF ENGLAND
    Sterling has been pulled and pushed in past weeks by speculations over whether an interest rate cut will push through.
  • Chinese Currency Records New 5-Month Peaks In Offshore Trading
    CURRENCIES
    Yuan's exchange rate rose as well, amid trade tensions, due to China's increased confidence to avert further economic slowdown
  • China Regulator To Push For More Overseas Investors In Star Market
    STAR Market
    China's State Administration of Foreign Exchange plans to step up its effort to further develop the country's capital markets and to encourage more foreign participation.
  • China Forex Reserves Dip To $3.092 Trillion In September
    China Foreign Exchange Reserves
    China's State Administration of Foreign Exchange reported a 0.6 percent drop in its foreign exchange reserves to $3.0924 trillion for the month of September.
  • Police Preparing To Summon Seungri, Yang Hyun Suk Again After Gathering More Evidence
    Seungri
    Police are expected to summon back Yang Hyun Suk and Seungri for illegal gambling raps while Yang Hyun Suk also stands to face questioning on prostitution mediation and threatening an informant on the B.I drug case.
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