The IMF has reached agreement with the Sri Lankan government for a $1.5 billion bailout to help the island nation avert a balance of payments crisis.
The yen built further on Friday on a round of strong gains since the Bank of Japan meeting, moving to an 18-month high against the dollar.
Law enforcers have successfully taken down an illegal counterfeit operation printing out 100 euro notes in Bulgaria.
CNBC's Rick Santelli reports April shows Chicago PMI at 50.4, and discusses the latest action in the bond market and the U.S. dollar.
BEIJING, April 29- China's foreign exchange regulator said on Friday it will allow banks to issue more FX-related products for risk-hedging purposes. That includes allowing banks to hold bigger short-dollar positions at the end of the day, the State Administration of Foreign Exchange said in a statement on its website. The adjustment comes as the yuan remains...
BEIJING, April 29- China's foreign exchange regulator said on Friday it will increase FX supply and allow banks to issue more FX-related products for risk-hedging purposes.
Peter Kinsella, head of EM economic & EM FX research at Commerzbank, looks at the Russian central bank and how the oil price and sanctions impact their future decisions.
BEIJING, April 29- The outstanding amount of China's dollar-denominated Qualified Foreign Institutional Investor programme stood at $80.996 billion as of April 29, from $80.95 billion at the end of March, the foreign exchange regulator said on Friday.
China's central bank guided the yuan higher at the sharpest pace since 2005 on Friday in a move analysts attributed to the dollar's weakness against major currencies.
The dollar pared losses against the yen, but was still on track to notch its biggest daily loss against the Japanese currency in eight months.