All posts tagged "depreciation"
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500Big PictureFSB Proposes Policy Measures to Address EM Vulnerabilities
The proposals seek to reduce vulnerabilities from foreign currency borrowing, including by exploring ways to reduce the "mechanistic use of credit ratings" by index providers.
April 26, 2022 -
399Capital / LiquidityPBOC Lowers Forex Reserve Requirement for Banks
The move is aimed at slowing the depreciation of the yuan, which has recently fallen to a one-year low against the dollar.
April 26, 2022 -
227AML / KYCCBSL to Prosecute Remittances via Informal Channels Under AML Law
Foreign workers have been using Hawala channels for remittances, as they offer better rates than formal banking channels.
December 7, 2021 -
405Asia-Pacific
CBSL Governor Steps Down as Sri Lanka Faces FX Crisis
Sri Lanka has imposed import restrictions to limit foreign currency outflows, while also borrowing more internationally to bolster its reserves.
September 13, 2021 -
586Market InfrastructureMAS Eases SGD Policy Amid Negative Growth Expectations
MAS projects the ongoing wave of Covid-19 outbreaks will continue to dampen global growth beyond the first half of the year.
March 30, 2020
