Search results
Euro's reserve currency role tumbles at expense of dollar, yen, ECB says
Reuters· 2 days agoThe share of the euro in foreign exchange holdings tumbled last year at the expense of the dollar...
Taxation of Foreign Currency Transactions Part V: Hedged Executory Contracts | JD Supra
JD Supra· 2 days agoWhat is an executory contract? An executory contract is defined as a legal agreement entered into by the taxpayer before the accrual date to (1) purchase or sell property used or held in the ...
Top Asia Currency Trade Risks Tripping Up Market If Rupee Swings
Bloomberg via Yahoo Finance· 2 days ago(Bloomberg) -- One of Asia’s most lucrative currency trades risks becoming a victim of its own...
India's forex reserves hit record high of $651.5 billion as of May 31
Reuters· 7 days ago"India's external sector remains resilient and the key external vulnerability indicators continue to improve," Shaktikanta Das said while announcing the latest interest rate
Argentina's monthly inflation plunges to 4.2% in May, lowest in 2 years in boost to President Milei
San Francisco Chronicle· 4 hours agoArgentines say they don't feel inflation easing as wages remain stagnant and Milei's devaluation of...
Jittery markets rally after Argentina's Milei gets his first legislative 'triumph' on broad reforms
WSB Radio· 2 hours agoBUENOS AIRES, Argentina — (AP) — Wall Street rallied Thursday as Argentina's President Javier Milei...
Opinion | US is stuck in a vicious cycle that could spell crises elsewhere
South China Morning Post· 6 days agoMaybe in currency crises if major US trading partners such as Japan continue to spend their official...
Ethiopia sees budget deficit at 2.1% of GDP next fiscal year
Reuters· 2 days agoEthiopia is emerging from several economic shocks including the COVID-19 pandemic, a devastating...
Russia, hit by new US sanctions, halts dollar and euro trade on main bourse
Reuters· 1 day agoThe exchange and the central bank rushed out statements on Wednesday - a public holiday in Russia -...
Euro ETFs in Focus as ECB Goes Ahead With a Rate Cut
Zacks via Yahoo Finance· 3 days agoInterest rates remaining elevated for longer may provide some boost to the region’s currency, attracting more foreign capital inflow and boosting the...