All posts tagged "FX reserves"
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290Asia-PacificMyanmar Central Bank Orders Halt to Foreign Debt Payments
An exemption from requirements to convert FX into the kyat has also been reversed for companies with foreign minority ownership.
July 21, 2022 -
491AML / KYCIndia Enables Rupee Settlement Mechanism for International Trades
The mechanism allows international trades to be invoiced and settled using the rupee, enabling India to buy Russian oil without US sanctions exposure.
July 13, 2022 -
420Capital / 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 -
338Asia-PacificCBSL, Finance Ministry Declare Sri Lankan Banking System Stable
The Finance Ministry of and CBSL were responding to rumours of a default by a state bank, which reportedly did not have enough FX to honour a swap with two other banks.
April 1, 2022 -
436Asia-PacificCBSL 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
