© Reuters. CARACAS (Reuters) – Venezuela’s chief prosecutor on Friday announced arrest warrants for members of the central bank’s ad hoc board of directors, appointed by opposition leader Juan Guaido,… Read more »
© Reuters. U.S. House of Representatives Financial Services Committee hearing on oversight of the Treasury Department and Federal Reserve response to the outbreak of the coronavirus disease (COVID-19), in Washington… Read more »
The financial crisis in Lebanon has seen its currency, the Lebanese pound, fall 80%. The International Monetary Fund (IMF) has estimated that the country’s central bank has accumulated losses as… Read more »
Further comments by Lagarde This crisis is worse than the 2008-09 financial crisis The ECB mandate is the same i.e. focus on price stability We have to use instruments that… Read more »
ECB introduces a Eurosystem repo facility for central banks (EUREP) This is said to be a precautionary backstop to address pandemic-related euro liquidity needs outside of the euro area and… Read more »
© Reuters. SINGAPORE/LONDON (Reuters) – Foreign exchange volumes have surged during the coronavirus pandemic instead of stalling as they usually do during a crisis, thanks to technological improvements and central… Read more »
© Reuters. FILE PHOTO: U.S. Dollar banknotes are seen in this photo illustration By Dan Burns and Megan Davies (Reuters) – A global crunch for U.S. dollars that was a… Read more »
2/2 © Reuters. Lebanon’s President Michel Aoun meets with Lebanese political leaders to present the plan aimed at steering the country out of a financial crisis, at the presidential palace… Read more »
© Reuters. By Fabian Cambero SANTIAGO (Reuters) – Chile’s central bank said on Wednesday it was speaking to its U.S. and Chinese counterparts to increase flexibility in foreign exchange operations… Read more »
EUR/USD Rate Talking Points EUR/USDcontinues to retrace the decline from the March high (1.1495) after breaking out of the April range, but the European Central Bank (ECB) meeting may rattle… Read more »