Сбер признан лучшим сразу вдвух номинациях первой ежегодной премии FX Tech Awards, проводимой

SHANGHAI: Avoiding excess yuan appreciation should be one of China's priorities in managing market expectations and regulations, a former senior official at the country's foreign exchange regulator has said.A challenge for exchange rate fluctuations or flexibility is that the currency could overshoot, deviating from its economic fundamentals, said Guan Tao, global chief economist at BOC International and the former head of the Balance of Payments department of the State Administration of Foreign

Emerging Asian equities and currencies were sharply lower on Friday as reports Israel attacked Iran in an escalation of tensions in the Middle East led investors to flee to safe-haven assets, including the U.S. dollar. South Korea's won fell 0.7% against the dollar by 0634 GMT, leading regional declines.... The Indonesian rupiah depreciated as much as 0.7% to a four-year low. MSCI's emerging market currency index fell by 0.5% to its lowest since Nov.... The index, hobbled by a strong dollar th

SINGAPORE: Malaysia's ringgit was set for its biggest intraday drop since July in holiday-thinned trading on Monday and led losses among regional currencies as the U.S. dollar held firm at the start of a week set to be dominated by central bank reports.... Concerns around Evergrande's ability to meet its imminent payment obligations have cast a shadow over Asian markets in recent weeks as it poses broader risks to China's financial system.... Former Malaysian prime minister Datuk Seri Najib Ra

BONN, Germany: Japan called on other G7 countries to reaffirm the group's agreement on exchange-rate policy, Finance Minister Shunichi Suzuki said on Thursday, a sign Tokyo remained on guard against the risk of further sharp declines in the yen. Suzuki said he hoped the Group of Seven( G7) finance leaders take into account Tokyo's call in a communique to be issued after their two-day meeting ends on Friday." I explained how recent currency moves have been rapid, and that it was important to reaf

MOST Asian currencies and stocks fell on Tuesday, with the South Korean won leading the losses, pressured by a stronger U.S. dollar as investors continued to gauge the path of interest rates in the world's largest economy. The MSCI emerging markets currency index fell more than 0.3% to trade near a one-month low.... An unexpected drop in U.S. producer prices in December reinforced the view that rate cuts by the Federal Reserve could come as soon as March. Markets are now pricing in a 70% chance

Oct 27( Reuters)-Kenya's shilling slid to a fresh low against the dollar on Friday, as broad foreign exchange demand from all sectors outweighed thin supply, traders said.At 0950 GMT, the shilling was trading at 150.35/ 55 per dollar, compared with Thursday's closing rate of 150.20/ 40. Earlier in the session the shilling nudged a new all-time low of 150.40/ 60 per dollar, LSEG data showed. Reporting by Hereward Holland; Editing by George ObulutsaOur Standards: The Thomson Reuters Trust Principl

SHANGHAI/ BEIJING: China will roll out counter-cyclical measures at an appropriate time if policy tightening by major world economies leads to currency market fluctuations becoming too large, the country's foreign exchange regulator said on Friday. Wang Chunying, spokesperson for the State Administration of Foreign Exchange( SAFE), said" if the foreign exchange market faces relatively big fluctuations,( regulators) will roll out counter-cyclical adjustments at an appropriate time." She said the

NAIROBI, Oct 19( Reuters)-Kenya's shilling, Zambia's kwacha, Nigeria's naira and the Ugandan shilling are forecast to lose ground against the dollar in the next week to Thursday, traders said. KENYA Kenya's shilling is expected to weaken due to persistent demand for dollars from the manufacturing and energy sectors. Commercial banks quoted the shilling at 149.80/ 150.00 per dollar, compared with last Thursday's closing rate of 148.85/ 149.05.... The shilling's present level-first touched on Wed

of a repayment moratorium. For FX enquiries, please contact: ambank-fx-research@ ambankgroup. com