Government pledged to do "as much as necessary" to strengthen currency.
Similar Stories to Russia To Sell Foreign Currencies To Support Ruble on Bing News
USATODAY - Money Top Stories, USA Today: Movies
Wed, 12/17/2014 - 11:07am
Topics: as much as necessary
BING NEWS:
- Japanese Authorities Intervened in Forex Market to Support Yen
The yen strengthened sharply, bouncing after it briefly hit a new 34-year low of 160 against the dollar on waning expectations for near-term rate increases from the Bank of Japan.
04/28/2024 - 11:10 pm | View Link - Reverse Carry Trade Sees Dollar Bets Funded by EM Currencies
For decades, carry traders have borrowed US dollars at low interest rates and invested in higher-yielding emerging-market currencies. But that flow is now getting turned on its head.
04/28/2024 - 12:59 am | View Link - Live news: Iran-backed Houthis suspected of firing missile at Russian oil tanker
Shares of Thyssenkrupp rose by up to 10 per cent on Friday morning after the company announced that Czech billionaire Daniel Křetínský would take a 20 per cent stake in its steel business for an ...
04/26/2024 - 5:23 am | View Link - News updates from April 26: US PCE rises 2.7% in March; Anglo American rejects BHP takeover bid
The Japanese currency rose to ¥154.99 to the US dollar from ¥156.82 during late afternoon hours in Tokyo, before falling back to ¥156.55. Earlier in the day, it had fallen to a fresh 34-year low after ...
04/26/2024 - 5:23 am | View Link - Oil dips over 1% with Russian Oil export still at multi-month high
The reopening of the Iraq-Turkey oil pipeline would add 500,000 barrels per day to the market. Turkey has already signalled that it is open and ready to receive flow after it had to halt the pipeline ...
04/23/2024 - 2:10 am | View Link - More
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