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Showing posts with label Foreign reserves. Show all posts
Showing posts with label Foreign reserves. Show all posts

7/20/2015

Emerging Markets Had Biggest Outflow Since 2009, JPMorgan Says

Capital outflows from developing countries reached $120 billion last quarter, the most since 2009, fueled by an exodus from China amid concern over the strength of the country’s economy, according to JPMorgan Chase & Co.

11/12/2014

Swiss Franc Intervention Looms on UBS Radar as Cap Nears

Switzerland’s franc retreated from within 0.1 percent of the level at which UBS AG, the nation’s largest lender, says the central bank may step in to defend its cap on the currency.

10/21/2014

Russia Rating Cut by Moody’s on Sluggish Economic Growth

Russia’s ruble dropped and sovereign bonds were little changed after the country’s credit rating was cut to the second-lowest investment grade by Moody’s Investors Service amid sanctions over Ukraine.

7/15/2014

South Korea quietly intervenes on the won to bolster economy

(Reuters) - South Korea's foreign exchange authorities have been engaged in a quiet war in recent months to hold down the won, throwing more firepower at it than for years in a bid to support exports and help keep the economy on its fragile recovery track.

9/10/2013