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Tag: foreign exchange

Home›Posts Tagged "foreign exchange"
  • Russian currency
    By Lawrence C. Saleh
    March 17, 2022
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    Currency investing is making a comeback

    These days, when investors talk about investing in currencies, they often think of crypto. But the hype around digital assets has drawn attention away from trading ...
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  • Russian economy
    By Lawrence C. Saleh
    March 17, 2022
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    How Sanction-Proof Is Russia’s Economy?

    Russia–Ukraine War Russia–Ukraine War By Christopher Miller·March 17, 2022 Fletcher School, Tufts University The problem: The United States and the European Union responded to Russia’s invasion ...
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  • Russian currency
    By Lawrence C. Saleh
    March 14, 2022
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    Russia can’t use nearly half of its R9.6 trillion war chest due to Western sanctions

    The ruble plunged after the West imposed sweeping sanctions on Russia. Sergei KarpukhinTASS via Getty Images. Russia’s finance minister has admitted that almost half of the ...
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  • Russian currency
    By Lawrence C. Saleh
    March 12, 2022
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    China set to let Russian currency fall faster

    BEIJING (AP) — China is easing government exchange rate controls to allow the Russian ruble to fall faster against the Chinese yuan to help shield Beijing ...
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  • Russian hotel
    By Lawrence C. Saleh
    March 10, 2022
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    Russia sanctions extend further to banking and hospitality sectors as US warns more to come

    Sanctions against Russia extended further to banking and hospitality on Thursday as US Treasury Secretary Janet Yellen warned of new financial sanctions against Moscow for its ...
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  • Russian currency
    By Lawrence C. Saleh
    March 8, 2022
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    Difficulties with the Ukrainian exchange in Latvia / Article

    One of the areas strongly affected by the war is the national currency of the countries concerned. “Local residents and global financial markets are less likely ...
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  • Russian currency
    By Lawrence C. Saleh
    March 3, 2022
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    UAH/RUB: Ukrainian hryvnia records 3 consecutive days of gains

    Ukrainian hryvnia outperforms Russian ruble The ruble plunges in the tightening of sanctions Russian banks banned from SWIFT Russia’s economic data under the eyes On the ...
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  • Russian currency
    By Lawrence C. Saleh
    February 28, 2022
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    Russian currency plummets as sanctions are imposed

    Western sanctions left the rouble, Russia’s currency, tumbling to a record low. The news: The ruble fell around 30% against the US dollar after the United ...
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  • Russian economy
    By Lawrence C. Saleh
    February 25, 2022
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    How Western sanctions could weigh on the Russian economy – POLITICO

    The Russian economy is expected to feel the scorch from Western sanctions, which will prevent Russia’s biggest banks and companies from accessing the US dollar and ...
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  • Russian currency
    By Lawrence C. Saleh
    February 23, 2022
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    Ukrainian currency extends losses, down 8% in 2022 – Refinitiv

    KYIV, Feb 23 (Reuters) – Ukraine’s hryvnia weakened a further 1% to 29.4 to the dollar on Wednesday, extending a similar loss the day before on ...
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  • Russian economy
    By Lawrence C. Saleh
    February 22, 2022
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    US sanctions could send ‘Russian economy into freefall’, CNAS member says

    Edward Fishman, associate fellow at the Center for a New American Security, joins Yahoo Finance Live to discuss the power US sanctions would have on the ...
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  • Russian economy
    By Lawrence C. Saleh
    January 27, 2022
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    Russian economy can do without the dollar and can be replaced by the euro or the yuan, according to Medvedev

    GORKY, January 27. /TASS/. Russian Security Council Deputy Chairman Dmitry Medvedev believes the country can do without dollar payments if necessary, replacing them with euro or ...
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  • Russian currency
    By Lawrence C. Saleh
    January 19, 2022
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    Nigerian currency is trading flat against the dollar

    By Adedapo Adesanya The naira recorded a loss of 37 kobo or 0.09% against the US dollar on the investors and exporters (I&E) segment of the ...
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  • Russian currency
    By Lawrence C. Saleh
    January 18, 2022
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    Ukraine to raise rates as jitters from Russia weigh on currency and inflation risks

    A general view shows the headquarters of the National Bank of Ukraine in Kiev, Ukraine April 18, 2019. REUTERS/Valentin Ogirenko Join now for FREE unlimited access ...
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  • Russian currency
    By Lawrence C. Saleh
    January 13, 2022
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    Erdogan blames Turkish currency problems on ‘foreign financial tools’ as central bank reserves fall

    People shopping at the local market in Istanbul, Turkey on December 5, 2021. The depreciation of the Turkish lira has weakened the purchasing power of citizens. ...
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  • Russian economy
    By Lawrence C. Saleh
    January 4, 2022
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    Decreasing impact of oil on the Russian economy and the ruble: review by Investing.com

    © Reuters. by Yana Shebalina Investing.com – Before the start of 2014, and the introduction of the first powerful sanctions against Russia due to the situation ...
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  • Russian currency
    By Lawrence C. Saleh
    December 31, 2021
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    Russia continues to stockpile gold and foreign currency

    The country holds the fifth largest foreign exchange reserves Russian currency holdings rose 0.7% in the week ending Dec. 24, reaching $ 630.5 billion, according to ...
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  • Russian currency
    By Lawrence C. Saleh
    December 14, 2021
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    Iraqi foreign exchange reserves increase due to currency devaluation and oil prices

    Iraq’s foreign exchange reserves have risen from $48 billion to $64 billion since Iraq devalued its currency nearly a year ago, Iraqi Central Bank Governor Mustafa ...
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  • Russian currency
    By Lawrence C. Saleh
    December 14, 2021
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    Iraq’s foreign reserves rise due to currency devaluation and oil prices – central bank governor

    Iraqi Central Bank Governor Mustafa Ghalib speaks during an interview with Reuters in Baghdad, Iraq, December 14, 2021. REUTERS / John Davison Register now for FREE ...
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  • Russian currency
    By Lawrence C. Saleh
    December 8, 2021
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    Iranian president slammed for blaming currency drop on manipulators

    Iran’s president blamed saboteurs after the rial fell to 300,000 to the dollar on Saturday, with European and American officials expressing pessimism over the nuclear talks. ...
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  • Russian currency
    By Lawrence C. Saleh
    December 8, 2021
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    Nigerian currency loses 0.02% against the dollar

    By Adedapo Adesanya It was a stalemate between the naira and the US dollar in the Investor and Exporter (I&E) segment of the forex (forex) market ...
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  • Russian currency
    By Lawrence C. Saleh
    December 3, 2021
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    No U.S. and China Currency Handler Tags Under Watch

    WASHINGTON: The Biden administration will not name any country as currency manipulator, but it has named China, Vietnam and Taiwan among nations that have broken global ...
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  • Russian currency
    By Lawrence C. Saleh
    December 2, 2021
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    Turkey appoints new finance minister amid falling currency

    ANKARA: In a decision taken on the night of December 2, Turkish President Recep Tayyip Erdogan appointed Nureddin Nebati as the country’s new treasury and finance ...
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  • Russian currency
    By Lawrence C. Saleh
    November 30, 2021
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    Factbox: Yellen’s Watchlist for U.S. Currency Manipulator Tag

    U.S. Treasury Secretary Janet Yellen, former chairwoman of the Federal Reserve, holds a news conference in Washington, U.S. December 13, 2017. REUTERS/Jonathan Ernst/File Photo Join now ...
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  • Russian currency
    By Lawrence C. Saleh
    November 24, 2021
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    Analysis: the rise of the dollar arouses volatility in the foreign exchange markets

    A US dollar banknote is seen in this illustration taken November 23, 2021. REUTERS / Murad Sezer / Illustration Register now for FREE and unlimited access ...
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  • Russian currency
    By Lawrence C. Saleh
    November 24, 2021
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    Analysis-Soaring dollar arouses volatility in currency markets | The powerful 790 KFGO

    By Saqib Iqbal Ahmed and Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Volatility rises in currency markets, as bets on how aggressively central banks will tighten monetary ...
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  • Russian currency
    By Lawrence C. Saleh
    November 18, 2021
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    Yemen tackles currency woes, but IMF reserves remain untapped

    Bundles of Yemeni rial banknotes are pictured at the Central Bank of Yemen in Aden, Yemen on December 13, 2018. REUTERS / Fawaz Salman / File ...
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  • Russian currency
    By Lawrence C. Saleh
    November 2, 2021
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    Taliban Ban Use of Foreign Currency Across Afghanistan | New

    The Taliban say those who continue to trade using foreign currency will face legal action. The Taliban have announced a total ban on the use of ...
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  • Russian currency
    By Lawrence C. Saleh
    October 24, 2021
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    Russians source foreign currency, prefer US dollar to euro

    Russian currency exchange transactions in September rose 30% on an annual basis, according to analysts at Russian Standard Bank. The study looked at transaction amounts, average ...
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  • Russian currency
    By Lawrence C. Saleh
    October 12, 2021
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    Burma faces currency decline and dollar tightening as economy worsens | Business and Economy News

    Myanmar grapples with a plummeting local currency amid an unprecedented dollar shortage, raising the cost of imports and exacerbating the economy’s struggle with the twin challenges ...
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  • Russian currency
    By Lawrence C. Saleh
    October 9, 2021
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    Active participation of the Moscow Stock Exchange in the Uzbek financial market to create liquidity in foreign currency

    BAKOU, Azerbaijan, October 9 By Fakhri Vakilov – Trend: The growing activity of the Moscow Stock Exchange in the financial market of Uzbekistan will create the ...
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  • Russian currency
    By Lawrence C. Saleh
    October 8, 2021
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    Zimbabwe: currency manipulators on the prowl

    Daniel Nemukuyu – Survey Editor CURRENCY manipulation by companies fixing their prices in Zimbabwean dollars at black market exchange rates has reached levels where some stores ...
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  • Russian currency
    By Lawrence C. Saleh
    October 7, 2021
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    Myanmar’s central bank sees currency stabilize thanks to new measures

    Reuters Fri Oct 8, 2021 12:00 AM Workers count Myanmar kyat banknotes at a local bank office in Yangon. Photo: Reuters / File “> Workers count ...
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  • Russian currency
    By Lawrence C. Saleh
    October 6, 2021
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    Myanmar’s central bank sees currency stabilize thanks to new measures

    Workers count Myanmar kyat banknotes at a local bank office in Yangon, April 2, 2012. REUTERS / Soe Zeya Tun / Register now for FREE and ...
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  • Russian currency
    By Lawrence C. Saleh
    October 4, 2021
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    Zimbabwe c.bank revises up its year-end inflation forecast as currency weakens

    HARARE, Oct. 4 (Reuters) – Zimbabwe’s annual inflation rate could end the year between 35% and 53%, down from an earlier estimate of 25% to 35%, ...
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  • Russian currency
    By Lawrence C. Saleh
    September 11, 2021
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    Payments of funds in Afghanistan limited to local currency – Sources | World news

    LONDON (Reuters) – The Afghan central bank has ordered banks to pay remittances in local currency only, the latest move to preserve scarce U.S. dollars, people ...
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  • Russian currency
    By Lawrence C. Saleh
    August 22, 2021
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    Iranian currency drops to new low for the year against the US dollar

    Amid Iran’s lingering economic crisis and delayed nuclear negotiations with world powers, the US dollar hit 275,000 rials on the Tehran foreign exchange market on Sunday, ...
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  • Russian currency
    By Lawrence C. Saleh
    August 17, 2021
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    Biden freezes Afghan currency reserves to cut Taliban money

    The Biden administration has frozen billions of dollars in Afghan foreign exchange reserves and other assets held in U.S. bank accounts following the Taliban’s takeover of ...
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  • Russian currency
    By Lawrence C. Saleh
    August 3, 2021
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    Virtual Currency Legal Report – Week of July 19 – Technology

    Weekly Fintech Focus Members of Congress reintroduce bill to define digital assets President’s Financial Markets Task Force Meets To Discuss Stablecoins President Gensler Notes SEC Focuses ...
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  • Russian currency
    By Lawrence C. Saleh
    August 3, 2021
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    Virtual Currency Legal Report – July 2021 # 2 | Perkins Coie

    Weekly Fintech Focus Members of Congress reintroduce bill to define digital assets President’s Financial Markets Task Force Meets To Discuss Stablecoins President Gensler Notes SEC Focuses ...
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  • Russian currency
    By Lawrence C. Saleh
    June 30, 2021
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    Iranian currency drops after presidential vote and no deal with US

    The Iranian rial has hit new lows since the election of Ebrahim Raisi, a hard-line president, in a controversial vote that prevented his main rivals from ...
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  • Russian currency
    By Lawrence C. Saleh
    June 4, 2021
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    Russia does not want to abandon the dollar as a reserve currency or a means of payment – Putin – Business & Economics

    ST. PETERSBURG, June 5. / TASS /. Russia does not intend to completely abandon the dollar as a reserve currency or as a universal means of ...
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  • Russian currency
    By Lawrence C. Saleh
    June 2, 2021
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    Digital euro could boost international use of single currency, ECB says

    Workers hold up the huge euro logo outside the headquarters of the European Central Bank (ECB) in Frankfurt, December 6, 2011. REUTERS / Ralph Orlowski / ...
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  • Russian currency
    By Lawrence C. Saleh
    June 1, 2021
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    Hryvnia holiday – Ukrainian exchange rate outlook this summer – UNIAN

    The Ukrainian currency recently showed an uptrend after slipping in April amid Russia’s military escalation. So, should Ukrainians be worried about the hryvnia exchange rate over ...
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  • Russian economy
    By Lawrence C. Saleh
    June 1, 2020
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    Reforming the Russian Economy: The COVID-19 Crisis and Beyond

    The impact of the recession on Russia at this particular moment in geopolitical history will impact its foreign policy trajectory in very specific ways. As the ...
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  • Russian economy
    By Lawrence C. Saleh
    April 5, 2015
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    Russian economy breaks free from oil curse

    By Leonid BershidskySigns are mounting that Russia’s economy will not die a painful death, but is just getting some powerful, long-awaited medicine. The country recorded unexpected ...
    Read More
  • Russian currency
    By Lawrence C. Saleh
    February 19, 2015
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    Russian currency reserves are running out

    Vladimir Putin in 2011. Maxim Shipenkov / Reuters Russia’s foreign exchange reserves fell an additional $ 6.4 billion last week as the central bank and the ...
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  • Russian currency
    By Lawrence C. Saleh
    December 23, 2014
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    What will be the consequences of the Russian currency crisis? – European Council on Foreign Relations

    The collapse of the ruble at the end of 2014 was obviously triggered by the fall in the price of oil. However, the Russian currency has ...
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  • Russian economy
    By Lawrence C. Saleh
    December 17, 2014
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    Russian economy in crisis: Apple now stops all sales in the country because it cannot fix prices when the ruble is so volatile

    Tech giant Apple has halted sales of iPhones, iPads and other products in Russia, saying the country’s currency is too volatile to set prices. The value ...
    Read More

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